Las Cruces, NM Real Estate & Property Data

Las Cruces Real Estate Market Trends
Last Updated: April 27, 2024

Accurate and comprehensive real estate data is critical for insight into Las Cruces, NM. ATTOM’s Las Cruces real estate data is updated daily, and current market trends show that in Las Cruces, NM a total of 2,281 residential properties have sold over the past year. With a median home price of $297,125 in Las Cruces and a total of 6 foreclosures. Get detailed property data for Las Cruces, NM instantly. ATTOM is your one-stop-shop for the Las Cruces property reports and real estate data you need in Las Cruces, NM.

Las Cruces Real Estate Market Trends
Total Residential Properties 48,090
Total Commercial Properties 1,769
Avg. Home Age (Single Family Home) 34 Years
Avg. Square Feet (Single Family Home) 1,873
Total 2024 Residential Sales (year-to-date) 280
% of Homes Seriously Underwater (Q2 2024) 1.41%
Total 2023 Residential Sales 2,181
% of Equity Rich Homes (Q2 2024) 38.1%
Effective 2023 Property Tax 0.59%
Total Foreclosure Filings (year-to-date) 22
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Las Cruces, NM Real Estate Overview

There were 2,281 residential properties sold in the past year in Las Cruces, NM. The median home value in Las Cruces, NM is $284,204. There are a total of 48,090 residential properties in the Las Cruces.

Median Sales Price i
$297,125
(Feb 2024)
-2.1%
year-over-year
y-o-y
  • February '24 Feb '24 $297,125
  • January '24 Jan '24 $272,475
  • December '23 Dec '23 $272,331
  • November '23 Nov '23 $284,899
  • October '23 Oct '23 $260,240
  • September '23 Sep '23 $269,787
  • August '23 Aug '23 $299,531
  • July '23 Jul '23 $302,719
  • June '23 Jun '23 $300,162
  • May '23 May '23 $292,525
  • April '23 Apr '23 $294,317
  • March '23 Mar '23 $269,745
Median Down Payment i
$56,625
(Feb 2024)
-3.8%
year-over-year
y-o-y
  • February '24 Feb '24 $56,625
  • January '24 Jan '24 $54,122
  • December '23 Dec '23 $50,500
  • November '23 Nov '23 $50,000
  • October '23 Oct '23 $37,800
  • September '23 Sep '23 $53,219
  • August '23 Aug '23 $58,200
  • July '23 Jul '23 $52,000
  • June '23 Jun '23 $54,511
  • May '23 May '23 $53,090
  • April '23 Apr '23 $52,725
  • March '23 Mar '23 $49,875
Number of Homes Sold i
149
(Feb 2024)
-11.8%
year-over-year
y-o-y
  • February '24 Feb '24 149
  • January '24 Jan '24 131
  • December '23 Dec '23 123
  • November '23 Nov '23 128
  • October '23 Oct '23 137
  • September '23 Sep '23 153
  • August '23 Aug '23 213
  • July '23 Jul '23 214
  • June '23 Jun '23 236
  • May '23 May '23 200
  • April '23 Apr '23 205
  • March '23 Mar '23 223
Number of Purchase Loans i
116
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 116
  • January '24 Jan '24 93
  • December '23 Dec '23 90
  • November '23 Nov '23 85
  • October '23 Oct '23 88
  • September '23 Sep '23 108
  • August '23 Aug '23 146
  • July '23 Jul '23 149
  • June '23 Jun '23 183
  • May '23 May '23 166
  • April '23 Apr '23 160
  • March '23 Mar '23 170
Number of REFI Loans i
82
(Feb 2024)
+41.4%
year-over-year
y-o-y
  • February '24 Feb '24 82
  • January '24 Jan '24 85
  • December '23 Dec '23 67
  • November '23 Nov '23 50
  • October '23 Oct '23 83
  • September '23 Sep '23 74
  • August '23 Aug '23 67
  • July '23 Jul '23 75
  • June '23 Jun '23 80
  • May '23 May '23 75
  • April '23 Apr '23 58
  • March '23 Mar '23 74
Number of HELOC Loans i
17
(Feb 2024)
-5.6%
year-over-year
y-o-y
  • February '24 Feb '24 17
  • January '24 Jan '24 15
  • December '23 Dec '23 26
  • November '23 Nov '23 21
  • October '23 Oct '23 22
  • September '23 Sep '23 15
  • August '23 Aug '23 25
  • July '23 Jul '23 24
  • June '23 Jun '23 21
  • May '23 May '23 18
  • April '23 Apr '23 18
  • March '23 Mar '23 11

Las Cruces, NM Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Las Cruces, NM Foreclosure Activity

There were a total of 6 Las Cruces, NM properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
6
(Feb 2024)
-53.8%
year-over-year
y-o-y
  • February '24 Feb '24 6
  • January '24 Jan '24 16
  • December '23 Dec '23 3
  • November '23 Nov '23 7
  • October '23 Oct '23 9
  • September '23 Sep '23 23
  • August '23 Aug '23 4
  • July '23 Jul '23 11
  • June '23 Jun '23 13
  • May '23 May '23 14
  • April '23 Apr '23 20
  • March '23 Mar '23 12
Foreclosure Starts i
5
(Feb 2024)
-54.5%
year-over-year
y-o-y
  • February '24 Feb '24 5
  • January '24 Jan '24 15
  • December '23 Dec '23 3
  • November '23 Nov '23 6
  • October '23 Oct '23 8
  • September '23 Sep '23 22
  • August '23 Aug '23 1
  • July '23 Jul '23 10
  • June '23 Jun '23 8
  • May '23 May '23 9
  • April '23 Apr '23 19
  • March '23 Mar '23 8
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 1
  • November '23 Nov '23 2
  • October '23 Oct '23 1
  • September '23 Sep '23 3
  • August '23 Aug '23 1
  • July '23 Jul '23 1
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 2
  • March '23 Mar '23 1
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