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Market Intelligence · NM / Doña Ana County

Las Cruces, NM housing market

5 ZIP markets liveData updated June 2026Typical value$295K1-yr changeDown0.8%

The median home value in Las Cruces, NM is $295K as of June 2026, down 0.8% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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The coverage

Las Cruces, by the numbers.

Typical home valueZillow ZHVI, June 2026
$295K
1-yr changeMedian across Las Cruces ZIPs
-0.8%
ZIP markets live8 tracked in Las Cruces
5
County
Doña Ana County

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12-month value trend

-0.8% over 12 months

Typical home value in Las Cruces over the last 12 months: $298K in Jun 2025 to $295K in Jun 2026 (-0.8%).

Jun 2025$298K

Jun 2026$295K

Median Zillow home value index across Las Cruces's ZIP codes.

Context

Zillow's home value index puts the typical Las Cruces home at $295,265 as of June 2026, a 12-month move of -0.8%. Realtor.com's June 2026 listing data shows 655 homes on the market, 208 newly listed, and a median asking price of $437,200. The median listing spends 63 days on market, and 14.3% of active listings have reduced their asking price. These figures describe a softening market in which realistic pricing is what moves a home.

The numbers

What is the housing market like in Las Cruces, NM?

Typical home value

$295K

Down0.8%YoY

Median list price

$437K

Days on market

63

Homes for sale

655

Price cuts

14.3%

New listings

208

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026)

Figures reflect Las Cruces's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

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The markets

Which Las Cruces ZIP codes have the highest home values?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of June 2026. 1-yr change compares it to the same ZIP a year earlier. We track 8 Las Cruces ZIP codes in total; the remaining 3 publish as their data clears editorial QA.

Zillow ZHVI, June 2026

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Nearby markets

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