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Foreclosure Homes in Las Vegas, NM

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Las Vegas, NM Foreclosures

How much do homes sell for in Las Vegas, NM?
The average home price is currently $189,709.
In Las Vegas, NM, how many homes are available?
There are currently 8 active home listings available in Las Vegas.
What’s the average rental cost in Las Vegas, NM?
The average rental price in Las Vegas is $939.
What is the most expensive home in Las Vegas?
The most expensive home sold in Las Vegas had a price of $2,941,200.
What is currently the cheapest priced home in Las Vegas, NM?
The cheapest home for sale in Las Vegas is priced at $20,710.

Living in Las Vegas, NM

Las Vegas, NM is a quaint town with a rich history and vibrant arts culture. Nestled in the beautiful Sangre de Cristo Mountains, it provides a perfect blend of outdoor activities and community warmth. With rich cultural heritage, local amenities, and beautiful landscapes, it's an ideal spot for those seeking both adventure and tranquility.

Current Market Conditions in Las Vegas, NM

The Las Vegas real estate market is currently experiencing a moderate level of activity. Home prices are stable and show signs of gradual appreciation as the area attracts interest from those seeking affordable living options within New Mexico.

Overall, the market is characterized by a good balance of supply and demand, attracting both first-time homebuyers and investors looking for rental properties, given the town's growing popularity.

Home Value Estimator For Las Vegas, NM

There are currently 3,943 real estate properties in Las Vegas, NM, with a median automated valuation model (AVM) price of $181,190.00. 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 Vegas, 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 Vegas, NM, is $189,709.00, with the most expensive house in Las Vegas, NM, topping out at $2,941,200.00 and the cheapest home in Las Vegas, NM, clocking in at $20,710.00. In other words, there’s something for every potential homebuyer or savvy investor in Las Vegas, NM!

Rent Prices In Las Vegas, NM

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Las Vegas, NM, is on a rollercoaster ride. The average rent price in Las Vegas, NM, is $939.00. Indeed, when looking to rent in Las Vegas, NM, you can expect to pay as little as $630.00 or as much as $2,040.00, with the average rent median estimated to be $900.00. The good news is that finding an affordable and desirable property to rent in Las Vegas, 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 Vegas, NM Foreclosures


Market Trend for Las Vegas, NM

Total Listings Available: 8

Market Values:

Home Prices from $20,710 to $2,941,200

Average Sales Price: $189,709

Rental Values:

Rental from $630 to $2,040

Average Rent Value: $939 / month

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