Luna County, NM Home Values & Market Trends

The median home price in Luna County, NM is $142,827.99. There were 119 home sales in Luna County, NM over the past 12 months. The median residential Luna County, NM home value for transactions over the previous year is $2,250. The number of current listings in Luna County, NM is 34, and the percentage of properties for sale is 34.00%. The county has 1 foreclosures, 1 bank owned properties, 0 headed for auction, and 34 properties for sale.

Luna County, NM Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Deming

$ 226,827

$ 157/sqft

Columbus

$ --

$ --

Housing Market Summary for Luna County, NM

Mar 2023February 2024Change
Median Listing Price$160K$159.2K-0.47%
Median Sold Price$183.5K$159.2K-13.22%
Homes For Sale313822.58%
Homes Sold8865-26.14%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Luna County, NM

Luna County, NM home values range from $26,609 to $1,255,130. Deming is the priciest city with a median listing home price of $192,500, and Deming is most affordable with average house prices of around $192,500.

Foreclosure
There are 2 cities within Luna County, NM; within these cities, the median estimated home value for homes in foreclosure ranges from $90,083 in Deming to the lowest value of $90,083 in Deming. Foreclosure homes account for 0.00% of properties in Luna County, NM with Deming containing 1 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Luna County, NM with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 2 cities within Luna County, NM; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Luna County, NM ranges from the highest value of $90,083 in Deming to the lowest value of $90,083 in Deming. Bank owned homes and properties account for 0.01% of properties in Luna County, NM. There are 2 cities within Luna County, NM; Deming containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of Luna County, NM. Auction homes and other auction properties account for 0% of all properties in Luna County, NM. There are 2 cities within Luna County, NM; of those cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.26% of residential properties in Luna County, NM with Deming containing 34 homes for sale, the highest number of listed properties in a single city. There are 2 cities within Luna County, NM; homes for sale in those cities, have a range of median values from $1,200,000 in Deming to the lowest value of $45,712 in Deming.
    Sold Homes
    The median value for recently sold homes ranges from $116,483 in Columbus to the lowest price of $42,827 in Columbus. There are 2 cities within Luna County, NM. Deming has 66 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 0.53% of properties in Luna County, NM.

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      Guide for Luna County, NM

      gavel for real estate auction
      Home Buying Guides & Tips
      New Mexico Foreclosure Laws
      Market Reports
      Wichita Real Estate Market Thrives: Property Values and Sale Prices Soar in 2023-2024
      Market Reports
      Newark Real Estate Market Report, March 2024
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      See More Articles
      gavel for real estate auction
      New Mexico Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Learn more about the New Mexico foreclosure laws, the NM judicial foreclosure process and timelines on RealtyTrac

      Wichita Real Estate Market Thrives: Property Values and Sale Prices Soar in 2023-2024
      Market Reports|posted 22 March 2024

      A comparative analysis of nearby cities shows diverse market dynamics in the Wichita real estate market in the first three months of 2024.

      Newark Real Estate Market Report, March 2024
      Market Reports|posted 22 March 2024

      The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Recently Listed Homes Luna County, NM

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