Photo: Terry Umbenhaur · CC BY-SA 3.01,381 homes sold in Las Cruces in the last year, at a typical $304K
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 Cruces homes are listed.
Every place Las Cruces homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Las Cruces.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
3% of Las Cruces’ sales are condos, at $111K less than a house
1235 houses and 41 condos sold in the year to May 2026. Houses sell faster.
typical sale · 1235 sold in 12 months
- Per square foot
- $183NM $212
- Days to sell
- 55
- Sold over asking
- 0%
- Listings with a price cut
- 26%
typical sale · 41 sold in 12 months
- Per square foot
- $184NM $343
- Days to sell
- 96
- Sold over asking
- 0%
- Listings with a price cut
- 23%
Multi-family (2–4 units): 20 sold, typical $351K
Townhouses: 85 sold, typical $245K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at twice the 2016 price
1,381 sales in the last year, against 2,074 in 2021 and a low of 36 in 2012. The typical sale went from $156K in 2016 to $304K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $300K buys in Las Cruces
Check a listing against what Las Cruces 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.
Bidding wars in Las Cruces are back to pre-pandemic levels, with about as many homes for sale
We read every month of Las Cruces’ 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, 1,381 sales.
If you’re buying in Las Cruces
- Shop in October. It brings about 136 new listings a month, close to the busiest month, with fewer bidding wars (0% over asking).
- Expect to bid over asking. Buyers paid 102.5% of the list price on average; 0% paid over.
- You’ll usually have time. Only 24% of homes go under contract within two weeks; the typical one takes 54 days.
Summer brings the homes; winter brings the bidding wars
July has the most new listings (about 153 a month), but January is the most competitive: 0% of January sales close over asking. September and October offer nearly as much choice with fewer homes bid up (0%). October has the least competition (0%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and about like New Mexico as a whole
| Las Cruces now | 2017–19 | 2021 peak | NM now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 0% | 0% | 0% | 3% |
| Gone within two weeksShare of homes under contract within 14 days | 24% | 2% | 7% | 26% |
| Listings with a price cutShare of homes for sale that cut their price | 26% | — | — | 21% |
| Price paid vs. askingAverage sale price ÷ list price | 102.5% | 97.2% | 96.9% | 96.5% |
| Days to sellMedian days from listing to contract | 54 | 80 | 53 | 64 |
454 homes for sale on a typical day
That’s 22.7 times the 2012 low (20) and about the 2017–19 level.
1 in 4 listings has cut its price
26% in the last year, against — in 2017–19 and 21% across New Mexico.
Since 2019, houses are up 69%, condos 68%
A house typically sold for $311K in the last year (1235 sales), a condo for $201K (41).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Las Cruces ranks 12th 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 Cruces 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.
Owning the typical Las Cruces home costs about $1,758 a month
Price: Las Cruces’ typical sale, last 12 months. Property tax at Las Cruces’ 0.7% (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 Cruces is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in July
The month with the most choice. December has the fewest, about 89.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $304K home, about $2,060 a year.
Taxes vs. neighborsSchools
The schools grade for Las Cruces, from test results, graduation and how much students grow.
Schools in Las CrucesTypical commute
The average one-way trip to work for people who live in Las Cruces.
Work & commuteCheck 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 hazardsLook 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.
No busy market nearby sells for less a square foot; San Pablo for far more
The busier markets within 25 miles of Las Cruces, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Las Cruces | 1,381 | $304K | $183 | 0% | 54 |
| Picacho Hills | 63 | $536K | $222 | 0% | 82 |
| San Pablo | 20 | $547K | $236 | 0% | 49 |
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.
Post your home to Las Cruces, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Las Cruces. People who follow the town see it, and so do people comparing Las Cruces with their own town. No commission, no listing fee.
Questions about buying a home in Las Cruces
What do homes sell for in Las Cruces, NM?
1,381 homes sold in the year to May 2026 at a typical $304K, $183 a square foot. Houses sold for about $311K, condos for about $201K.
Is Las Cruces a buyer’s or seller’s market?
A seller’s market: 420 homes were for sale in May 2026 and 136 sold, about 3.1 months of supply. Buyers paid 102.5% of asking on average, and 26% of listings cut their price.
When is the best time to buy in Las Cruces?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Las Cruces?
About 0.7% of a home’s value a year. On a $304K home that’s near $2,060.
Where can I see homes for sale in Las Cruces?
Zillow, Redfin, Realtor.com and Homes.com all carry Las Cruces’ MLS listings; the search links above open each one filtered to Las Cruces.
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).