Market Intelligence Report — NM-740

Las Cruces, NM

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-NM-06
As of the latest 2026 data

Median Listing

$380K
+1.5% YoY

Pending Ratio

0.49
+15.0% YoY

Active Inventory

998
+24.3% YoY

Median DOM

75 Days
+10.7% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's Las Cruces market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Las Cruces, NM.

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Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

Las Cruces market outlook.

Historical Analysis

Market Trends

Median Price

$380K+1.3% MoM

Active Inventory

998+24.3% YoY

Days on Market

75+10.7% YoY

Sold Score™

51+15.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

51
Jun 23May 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Jul 23Jun 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Jul 23Feb 24Sep 24Apr 25Nov 25Jun 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Supply Dynamics

998 active listings represent the current floor, with new supply arriving at roughly 262 per month.

Pricing Pressure
12.6%

of active listings carry a price reduction, -4.7% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -1.0% year-over-year.

Absorption
0.49

Pending-to-active ratio — supply and demand dynamics are mixed.

The Monthly Briefing

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Metro Demographics

Metro Area
Las Cruces, NM
CBSA Code
29740
State
NM

ZIPs in Las Cruces, NM

Sorted by active inventory · click a ZIP for its full report