Las Vegas NM Multi-family Properties For Sale
The median home value in Las Vegas, NM is $164,300. This is lower than the county median home value of $168,200. The national median home value is $338,100. The average price of homes sold in Las Vegas, NM is $164,300. Approximately 49.97% of Las Vegas homes are owned, compared to 33.91% rented, while 16.12% are vacant. Las Vegas real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Las Vegas real estate agent to arrange a tour today!
Learn More About Las Vegas Real EstateStatistics & facts
13,247
Population
$164K
Medium Home Value
5,561
# of Households
16.12%
Housing Vacancy
38.22%
Future Job Growth
3.80%
Unemployment Rate
For Sale
$1,385,000
10,600
sqft
1801 Plaza Unit 1801,180
Las Vegas, NM 87701
Listing Courtesy of: David Barker - Barker Realty LLC 505-982-9836 505-982-9836
For Sale
$400,000
4,200
sqft
909 5th Street
Las Vegas, NM 87701
Listing Courtesy of: Mack Crow - Rocky Mountain Real Estate 505-425-3586 505-425-3586
The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange (“IDX”) program of the New Mexico MLS. Real Estate listings held by brokers other than Xome Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Copyright 2025 New Mexico MLS, Inc. MLS. All rights reserved.
Population
Las Vegas has a population of approximately 13,247 and experiences a population change rate of -9.05%. The population density is 1,693.3 / sq mi.
Household
The median household income for Las Vegas is $34,335, with 5,561 households and an average household size of 2.15.
Cost of Living
The cost of living index in Las Vegas is 83.4%.
Home Value
The median value of a home in Las Vegas is $164,300 with an appreciation rate of 12.5%. 50.0% of housing in the city is owned while 33.9% is rented.
Employment
The unemployment rate in Las Vegas is 3.80%, and recent job growth is at 4.87%. Future job growth is projected at 38.22%.
Taxes
The sales tax rate in Las Vegas is 8.27%, while the income tax rate is 4.90%.
Education
School expenditures in Las Vegas are $15,947, and the school ratio is 14.7:1.
Weather
The average high temperature in July is 84.3 degrees, with an average low temperature in January of 14.2 degrees. The average rainfall is approximately 17.6 inches per year, with 30.3 inches of snow per year.
Education near Las Vegas NM
| Metric | City | County |
|---|---|---|
| High School Graduates | 86.03 | 84.72 |
| College Degree - 2 year | 8.27 | 9.45 |
| College Degree - 4 year | 27.27 | 23.88 |
| Graduate Degree | 8.69 | 9.18 |
| Expenditures per Student | $15,947 | $15,947 |
| Students per Teacher | 14.70 | 14.70 |
Elementary Schools near Las Vegas NM
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Don Cecilio Mtz Elementary School | KG - 05 | 148 | 14.5 | 87701 |
| Legion Park Elementary School | 01 - 05 | 166 | 16.8 | 87701 |
| Los Ninos Elementary School | KG - 05 | 185 | 17.6 | 87701 |
| Luis E. Armijo Elementary | KG - 01 | 163 | 13.1 | 87701 |
| LVCS Early Childhood | KG - KG | 94 | 15.7 | 87501 |
| Mike Sena Elementary School | KG - 05 | 49 | 16.3 | 87701 |
| Paul D. Henry Elementary | PK - 05 | 174 | 17.4 | 87701 |
| Rio Gallinas School | KG - 08 | 101 | 11.5 | 87701 |
| Sierra Vista Elementary School | 01 - 05 | 184 | 14.2 | 87701 |
| Tony Serna Junior Elementary School | 02 - 05 | 152 | 18.1 | 87701 |
| Union Elementary School | 02 - 05 | 77 | 14.9 | 87701 |
| Valley Elementary School | KG - 05 | 64 | 11.2 | 87701 |
Middle Schools near Las Vegas NM
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Memorial Middle School | 06 - 08 | 398 | 18.1 | 87701 |
| Valley Middle School | 06 - 08 | 36 | 8 | 87701 |
| W Las Vegas Middle School | 06 - 08 | 301 | 14.3 | 87701 |
High Schools near Las Vegas NM
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Robertson High School | 09 - 12 | 443 | 17.7 | 87701 |
| W Las Vegas High School | 09 - 12 | 428 | 18.2 | 87701 |
| WLV Family Partnership School | 07 - 12 | 56 | 14 | 87701 |
