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NM area data

Las vegas, NM

Las vegas, NM.

Population: 17,339 (Census ACS)

Home values & appreciation

Median home value
$237,089
1-year appreciation
+10.5%
3-year appreciation
+15.7%
5-year appreciation
+18.6%
10-year appreciation
+62.9%
All-time peak (2026-04)
$242,396
House Price Index
406.5 (+0.8% YoY)

Market activity

Median sale price
$340,000
Median list price
$339,500
Median days on market
38 days
Sale-to-list ratio
100.0%
Active listings
1
1-year forecast
-0.9%
New listings (monthly)
12

Rents

2-bedroom fair-market rent (HUD reference)
$1,319/mo
3BR fair-market rent
$1,715/mo

Affordability

Cost of living index (Below Average)
92.5 (100 = US avg)
Electricity rate (state-level)
15.1¢/kWh
Natural gas rate (state-level)
$9.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
13
Elementary schools
6
Middle schools
4
High schools
3
Charter schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
inlandFlooding, lightning, wildfire, winterWeather
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
50.0°F
Average high
69.0°F
Average low
31.0°F
Annual precipitation
15.8 in

Walkability & transit

Walkability index
7.2 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
2
Nearest national park
Fort Union National Monument (26 mi)
Nearest airport
Las Vegas Municipal Airport (LVS) (14 mi)
Nearest major airport
Las Vegas Municipal Airport (LVS) (14 mi)
Hospitals nearby (~15 mi)
1
Solar radiation rating
Good (5.5 kWh/m²/day)

Migration

Net migration
-88 tax filers

Housing stock

Median year housing built
1,974
Median annual property tax
$1,157
Mean commute to work
17 min
Households with broadband internet
54.2%

Employment & development

Total county employment
4,640
Average weekly wage
$653
Top industries (by employment)
Construction, Finance & Insurance, Other Services

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents