Is Las Cruces, NM 88005 a buyer’s or seller’s market?
Las Cruces is a balanced market. With about 5.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Competition score34/ 100
More competitive than 32% of U.S. ZIP codes, and #28 of 52 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending July 31, 2026. See the breakdown
Months of supply5.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market46Listing to accepted offer
Median price per sq ft$168▼ −1.8% vs. last year
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Nearby markets
Anthony 88021Seller’s market $184 /sq ftGarfield 87936 — /sq ftHatch 87937 — /sq ftLa Mesa 88044Balanced $187 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology