Are home prices going up or down in Las Cruces, NM?
In Las Cruces, NM, the typical home sold for $329,900 during May 2026 — about the same as a year ago. Prices are flat, not rising or falling.
Over the last 36 months the typical sale price in Las Cruces, NM went from $300,000 to $329,900 — up 10%.
The high point was $338,818, reached in March 2025. Today's typical sale is 3% below that.
Measured by size, homes in Las Cruces, NM are selling for about $182 per square foot. Price per square foot is the fairer comparison when the mix of what sells shifts from month to month — a run of big houses can push the typical price up without anything actually getting more expensive.
Source: Redfin's published market data for the Las Cruces, NM area, through May 2026.
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More about the Las Cruces, NM market
- When is the best month to sell a house in Las Cruces, NM?
- How long does it take to sell a house in Las Cruces, NM?
- Do homes sell above asking price in Las Cruces, NM?
- Is Las Cruces, NM a buyer's market or a seller's market?
- How many homes are for sale in Las Cruces, NM?
- All Las Cruces, NM housing numbers
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Figures come from Redfin's published market data for the Las Cruces, NM area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.