What is the housing market like in Las Esperanzas today?
In October 2024, Las Esperanzas home prices were up 70.9% compared to last year, selling for a median price of $235K. On average, homes in Las Esperanzas sell after 14 days on the market compared to 40 days last year. There were 5 homes sold in October this year, up from 2 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$235,000
+70.9% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Las Esperanzas, NM
$235,000
+70.9%
United States
To compare other locations to the Las Esperanzas and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Las Cruces add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Las Esperanzas housing market?
Learn what it takes to have a winning offer
All Home Types
Homes Sold Above List PriceAll Home Types
Homes Sold Above List Price
(All Home Types)
0.0%
0.0 pt YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Las Esperanzas housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Las Esperanzas.
Flood Factor - Minor
3% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Las Esperanzas has a minor risk of flooding. 13 properties in Las Esperanzas are likely to be
severely affected
by flooding over the next 30 years. This represents 3% of all properties in Las Esperanzas. Flood risk is increasing slower than the national average.
11% of properties are at risk of wildfire over the next 30 years
Fire Factor
Las Esperanzas has a moderate risk of wildfire. There are 124 properties in Las Esperanzas that have some risk of being affected by wildfire over the next 30 years. This represents 11% of all properties in Las Esperanzas.
Las Esperanzas has minimal risk of severe winds over the next 30 years
Wind Factor
Las Esperanzas has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.