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Short Sale Listings in Las Cruces, NM

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Las Cruces, NM Foreclosures

How much do homes sell for in Las Cruces, NM?
The average home price is currently $307,486.
In Las Cruces, NM, how many homes are available?
There are currently 79 active home listings available in Las Cruces.
What’s the average rental cost in Las Cruces, NM?
The average rental price in Las Cruces is $1,138.
What is the most expensive home in Las Cruces?
The most expensive home sold in Las Cruces had a price of $13,249,425.
What is currently the cheapest priced home in Las Cruces, NM?
The cheapest home for sale in Las Cruces is priced at $11,929.

Living in Las Cruces, NM

Las Cruces, NM, offers a unique blend of rich history and modern amenities. With its stunning desert landscapes and access to outdoor activities, the city is perfect for those who appreciate nature and culture. The strong ties to New Mexico State University foster a lively environment, making it an attractive place for families and individuals alike.

Current Market Conditions in Las Cruces, NM

The current real estate market in Las Cruces shows steady growth, with demand for homes increasing as more people discover the benefits of living in this picturesque city. The median home price is rising, reflecting a broader trend seen throughout New Mexico as buyers are attracted to the affordability relative to other regions.

An influx of new residents, particularly retirees and remote workers, has created a competitive edge in the housing market. The availability of affordable housing combined with a low cost of living has led to a vibrant community willing to invest in long-term homes.

Home Value Estimator For Las Cruces, NM

There are currently 50,243 real estate properties in Las Cruces, NM, with a median automated valuation model (AVM) price of $270,620.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Las Cruces, NM, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Las Cruces, NM, is $307,486.00, with the most expensive house in Las Cruces, NM, topping out at $13,249,425.00 and the cheapest home in Las Cruces, NM, clocking in at $11,929.00. In other words, there’s something for every potential homebuyer or savvy investor in Las Cruces, NM!

Rent Prices In Las Cruces, NM

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Las Cruces, NM, is on a rollercoaster ride. The average rent price in Las Cruces, NM, is $1,138.00. Indeed, when looking to rent in Las Cruces, NM, you can expect to pay as little as $480.00 or as much as $2,960.00, with the average rent median estimated to be $1,100.00. The good news is that finding an affordable and desirable property to rent in Las Cruces, NM -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Las Cruces, NM Short Sale Listings


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