All Home Types
Las Cruces, NM Housing Market
What is the housing market like in Las Cruces today?
In October 2024, Las Cruces home prices were up 6.9% compared to last year, selling for a median price of $309K. On average, homes in Las Cruces sell after 40 days on the market compared to 20 days last year. There were 124 homes sold in October this year, up from 88 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$308,685
+6.9% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Las Cruces, NM
$308,685
+6.9%
United States
Las Cruces Migration & Relocation Trends
In Sep '24 - Nov '24, 34% of Las Cruces homebuyers searched to move out of Las Cruces, while 66% looked to stay within the metropolitan area.
- Across the nation, 0.18% of homebuyers searched to move into Las Cruces from outside metros.
- Los Angeles homebuyers searched to move into Las Cruces more than any other metro followed by Phoenix and Albuquerque.
Where are people moving to Las Cruces from?
- 66% of Las Cruces homebuyers searched to stay within the Las Cruces metropolitan area.
- Austin was the most popular destination among Las Cruces homebuyers followed by San Antonio and Dallas.
Where are people from Las Cruces moving to?
Number of People Moving to Las Cruces
least
most
People are moving to Las Cruces from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 220 | ||
| 2 | 138 | ||
| 3 | 89 | ||
| 4 | 70 | ||
| 5 | 68 | ||
| 6 | 67 | ||
| 7 | 62 | ||
| 8 | 61 | ||
| 9 | 51 | ||
| 10 | 48 | ||
People are leaving Las Cruces for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 80 | ||
| 2 | 70 | ||
| 3 | 49 | ||
| 4 | 12 | ||
| 5 | 11 | ||
| 6 | 9 | ||
| 7 | 7 | ||
| 8 | 6 | ||
| 9 | 5 | ||
| 10 | 5 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Transportation in Las Cruces
Learn about the walkability, bikeability, and transit-friendliness of Las Cruces
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