How much does it cost to buy a house in Las Cruces, NM?

In May 2026 Las Cruces homes were listed to buy for a median price of $359K, which is a 34% decrease to April 2025 last month, and a 33% decrease to May 2025 last year. The median value of a home listed to buy in Las Cruces in May 2026 was $193 per sqft, which is a 13% decrease to April 2025 last month, and a 12% decrease to May 2025 last year.

Is it affordable or expensive to live in Las Cruces, NM?

It is affordable to live in Las Cruces. Buying a home in Las Cruces is 1% less expensive compared with the national average.

Is it a good time to buy property in Las Cruces, NM?

Yes now is a good time to buy property in Las Cruces, in May 2026, homes in Las Cruces have decreased in value (price per sqft) by 12% in the last year compared with May 2025.

Is the Las Cruces, NM housing market slowing down?

In May 2026, homes to buy in Las Cruces spent an median 166 days on the market, a same May 2025 last year.

What are the best and safest places to live in Las Cruces, NM?

The best and safest neighborhoods to live in Las Cruces in May 2026 are Country Club, Valley Creek South, High Ridge, Bear Ridge, Chaparral Park North, West Valley, Valley Creek North, West Green, Polk, Borderland, North Hills West, Sunset View, Montoya Heights, Futureland, Pleasant Hills East, Pleasant Hills West, Lakehurst, North Hills East, Cooperstown, Sun Valley East

How much money should I make to buy a house in Las Cruces, NM?

In May 2026, Las Cruces homes were listed to buy for a median price of $359K, with 25% down you would need $1.93K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $66.3K.

Is it a good time to sell my house in Las Cruces, NM?

Yes now is a good time to sell your house in Las Cruces, in May 2026, homes in Las Cruces have decreased in value (price per sqft) by 12% in the last year compared with May 2025.