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Foreclosure Homes 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 $307,548.
In Las Cruces, NM, how many homes are available?
There are currently 176 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 $14,152,353.
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, is a charming city nestled in the Mesilla Valley, surrounded by the beautiful Organ Mountains. It combines a rich cultural heritage with modern amenities, making it an attractive place for families and retirees alike. The area features outdoor recreational opportunities, a strong sense of community, and diverse dining and shopping options.

Current Market Conditions in Las Cruces, NM

Las Cruces has seen steady growth in its real estate market, with both home prices and sales increasing over the last year. The demand for homes is rising, driven by the city's economic development and quality of life. Buyers are particularly interested in single-family homes and townhouses, creating a competitive market for sellers.

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 $270,827.00. 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 $307,548.00, with the most expensive house in Las Cruces, NM, topping out at $14,152,353.00 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 Foreclosures


Market Trend for Las Cruces, NM

Total Listings Available: 176

Market Values:

Home Prices from $11,929 to $14,152,353

Average Sales Price: $307,548

Rental Values:

Rental from $480 to $2,960

Average Rent Value: $1,138 / month

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