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Housing in Las Campanas

75 homes sold in Las Campanas in the last year, at a typical $1.7M

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Las Campanas homes are listed.

Homes sold
75
June 2025 to May 2026
Typical sale price
$1.7M
median, weighted by sales
Price per square foot
$503
New Mexico $219
Paid vs. asking
96.2%
3% sold over asking
For sale now
60
May 2026 · 8 sold that month
What sold · last 12 months

Houses are 100% of Las Campanas’ sales, at a typical $1.7M

75 homes sold in the year to May 2026.

Houses$1.7M

typical sale · 75 sold in 12 months

Per square foot
$503NM $212
Days to sell
111
Sold over asking
3%
Listings with a price cut
15%
14 years of sales

About as many homes sell as usual, at 1.7 times the 2016 price

75 sales in the last year, against 104 in 2021 and a low of 44 in 2013. The typical sale went from $989K in 2016 to $1.7M.

Homes soldTypical sale price
03775112150$1M$1.4M$1.7M$2M2012: 62 sold, typical $789K’122013: 44 sold, typical $959K2014: 73 sold, typical $880K’142015: 62 sold, typical $936K2016: 58 sold, typical $989K’162017: 89 sold, typical $980K2018: 60 sold, typical $972K’182019: 69 sold, typical $995K2020: 83 sold, typical $1.2M’202021: 104 sold, typical $1.5M2022: 65 sold, typical $1.8M’222023: 89 sold, typical $1.5M2024: 78 sold, typical $1.7M’242025: 84 sold, typical $1.9MLast 12 months: 75 sold, typical $1.7MNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $1.7M buys in Las Campanas

Houseat $503 a sq ft
The same money in New Mexicoat $212 a sq ft

Is this asking price fair?

Check a listing against what Las Campanas homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Las Campanas are rarer than before the pandemic, and more homes are for sale

We read every month of Las Campanas’ home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 75 sales.

If you’re buying in Las Campanas

  • Shop in August. It brings about 11 new listings a month, close to the busiest month, with fewer bidding wars (10% over asking).
  • You can negotiate. 15% of listings have cut their price, against 11% before the pandemic.
  • Offer under asking. Buyers paid 96.2% of the list price on average; 3% paid over.
  • You’ll usually have time. Only 22% of homes go under contract within two weeks; the typical one takes 111 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 11 a month), and the most competition: 16% close over asking. July and August offer nearly as much choice with fewer homes bid up (11%). January has the least competition (6%) but only about 6 new listings.

New listings a monthShare sold over asking
03.87.511.3157%13%20%Sweet spotJan: 6 new listings a month, 6% sold over asking, 162 days to sellJFeb: 7 new listings a month, 11% sold over asking, 181 days to sellFMar: 7 new listings a month, 9% sold over asking, 159 days to sellMApr: 9 new listings a month, 10% sold over asking, 248 days to sellAMay: 11 new listings a month, 16% sold over asking, 145 days to sellMJun: 11 new listings a month, 15% sold over asking, 177 days to sellJJul: 11 new listings a month, 11% sold over asking, 143 days to sellJAug: 11 new listings a month, 10% sold over asking, 141 days to sellASep: 7 new listings a month, 10% sold over asking, 91 days to sellSOct: 7 new listings a month, 12% sold over asking, 120 days to sellONov: 5 new listings a month, 12% sold over asking, 145 days to sellNDec: 4 new listings a month, 6% sold over asking, 129 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like New Mexico as a whole

Las Campanas now2017–192021 peakNM now
Sold over askingShare of sales that closed above the list price3%9%23%3%
Gone within two weeksShare of homes under contract within 14 days22%14%34%26%
Listings with a price cutShare of homes for sale that cut their price15%11%7%21%
Price paid vs. askingAverage sale price ÷ list price96.2%96.8%99.3%96.5%
Days to sellMedian days from listing to contract1112029564
Supply

52 homes for sale on a typical day

That’s 1.7 times the 2022 low (31), 22% more than in 2017–19 and well under 2016’s 73.

2012: 50 for sale’122013: 65 for sale2014: 52 for sale2015: 51 for sale’152016: 73 for sale2017: 48 for sale2018: 41 for sale’182019: 39 for sale2020: 44 for sale2021: 33 for sale’212022: 31 for sale2023: 35 for sale2024: 41 for sale’242025: 48 for saleLast 12 months: 52 for saleNow
Room to negotiate

1 in 7 listings has cut its price

15% in the last year, against 11% in 2017–19 and 21% across New Mexico.

2015: 9%’152016: 8%2017: 10%2018: 12%’182019: 12%2020: 7%2021: 7%’212022: 13%2023: 13%2024: 17%’242025: 15%Last 12 months: 15%Now
Across New Mexico

Las Campanas ranks 7th of 24 busy New Mexico markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Las Campanas is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Las Campanas home costs about $9,562 a month

Mortgage
Property tax
Insurance
Rent

Price: Las Campanas’ typical sale, last 12 months. Property tax at Las Campanas’ 0.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Las Campanas is affordable on local pay is on Cost of living.

Before you buy in Las Campanas

Six things worth knowing

11

New listings in May

The month with the most choice. December has the fewest, about 4.

Best time to buy
0.4%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $1.7M home, about $7,240 a year.

Taxes vs. neighbors
B

Schools

The schools grade for Las Campanas, from test results, graduation and how much students grow.

Schools in Las Campanas
20 min

Typical commute

The average one-way trip to work for people who live in Las Campanas.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Tres Arroyos, Tano Road, Santa Fe, White Rock, Santa Fe Foothills and Eldorado at Santa Fe sell for less a square foot

The busier markets within 25 miles of Las Campanas, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Santa Fe1,263$550K$3508%72
Eldorado at Santa Fe141$745K$35615%61
White Rock99$570K$29729%33
Las Campanas75$1.7M$5033%111
Tano Road51$1.7M$48716%110
Tres Arroyos34$982K$41812%91
Santa Fe Foothills20$1.1M$38625%79

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Las Campanas, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Las Campanas. People who follow the town see it, and so do people comparing Las Campanas with their own town. No commission, no listing fee.

Questions about buying a home in Las Campanas

What do homes sell for in Las Campanas, NM?

75 homes sold in the year to May 2026 at a typical $1.7M, $503 a square foot.

Is Las Campanas a buyer’s or seller’s market?

A buyer’s market: 60 homes were for sale in May 2026 and 8 sold, about 7.5 months of supply. Buyers paid 96.2% of asking on average, and 15% of listings cut their price.

When is the best time to buy in Las Campanas?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Las Campanas?

About 0.4% of a home’s value a year. On a $1.7M home that’s near $7,240.

Where can I see homes for sale in Las Campanas?

Zillow, Redfin, Realtor.com and Homes.com all carry Las Campanas’ MLS listings; the search links above open each one filtered to Las Campanas.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).