Las Cruces, NM Housing


50 Reviews



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Las Cruces, New Mexico is a great city for housing and the median value of homes is $269,700. This is significantly lower than the US House median value of $338,100 but it still provides a good return on investment as the 1 year house appreciation rate in Las Cruces was 16.79%, while the average nationwide was 8.27%. With affordable prices and excellent returns on investment, Las Cruces is an ideal choice for homebuyers looking for a new or better place to live.

The median home cost in Las Cruces is $269,700. Home appreciation the last 10 years has been 65.2%. Home Appreciation in Las Cruces is up 18.3%.

Average Age of Homes
- The median age of Las Cruces real estate is 29 years old
The Rental Market in Las Cruces
- Renters make up 39.8% of the Las Cruces population
- 2.7% of houses and apartments in Las Cruces, are available to rent

DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingLas Cruces, New MexicoUnited States
  48,157.0139,647,020.0
  3342
  $269,700$338,100
  18.3%16.6%
  57.5%57.0%
  65.2%101.1%
  $8.15$10.98
  $1,368$2,690
  51.3%57.4%
  8.6%11.2%
  40.0%31.4%
  Vacant Housing
  2.7%1.9%
  0.3%0.4%
  0.7%0.7%
  0.0%0.4%
  2.0%3.6%
  2.9%4.1%
  Value of Owner-Occupied Housing
  4.4%2.6%
  2.3%2.4%
  1.9%2.8%
  3.6%3.9%
  5.2%4.5%
  21.6%11.3%
  27.5%13.0%
  21.5%20.1%
  7.7%13.6%
  1.5%8.3%
  2.1%9.7%
  0.4%3.9%
  0.0%2.2%
  0.0%0.8%
  0.3%1.1%
  Housing Units by Year Structure Built
  0.3%0.2%
  19.9%13.6%
  19.9%13.6%
  15.0%13.6%
  16.9%13.2%
  15.5%14.8%
  15.0%13.6%
  8.9%10.0%
  2.1%4.7%
  2.6%12.2%
Reviews for Las Cruces
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I've lived in Las Cruces for six months now. Before moving here I was in Albuquerque (3 hrs north) for four years and before that I lived in Northern Utah most of my  More

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Over 1 years ago

Las Cruces is a hidden gem! Homes are still affordable, you're not far from bigger city entertainment/transportation, and the scenery in beautiful. It's not all dry  More

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Over 3 years ago

It depends on what you are looking for; for me Las Cruces is and ideal place. I am retired and the kind of places I seek to live in have changed over the years. I have  More

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