Las Vegas, NM Housing Market

Market data powered by Zillow Research. Last updated: 2026-04-02

Las Vegas, NM is showing healthy, moderate growth.

  • •Steady price growth of 5.9% year-over-year — a balanced market.

Median Home Value

$244,115

ZHVI

Year-over-Year

+5.9%

Price change

5-Year Change

+23.2%

Since 2021

State Avg

$310,375

New Mexico

Home Value Trends

5-year Zillow Home Value Index for Las Vegas, NM vs. state and national averages.

Other Markets in New Mexico

Los Alamos, NM$573,267Santa Fe, NM$542,596Taos, NM$427,833Albuquerque, NM$342,449Espa-¦ola, NM$328,723Las Cruces, NM$283,613
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Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.