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1 / 10#10. Garfield, NM
- Typical home value: $186,910
- 1-year price change: +4.0%
- 5-year price change: +22.3%
Cities with the most expensive homes in the Las Cruces metro area
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Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.
The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
compiled a list of cities with the most expensive homes in the Las Cruces metro area using data from . Charts show the monthly typical home value since January 2018. All 10 cities and towns with data available were included in the list.
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2 / 10#9. Mesquite, NM
- Typical home value: $222,083
- 1-year price change: +1.5%
- 5-year price change: +43.3%
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3 / 10#8. Sunland Park, NM
- Typical home value: $226,688
- 1-year price change: +1.1%
- 5-year price change: +39.8%
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4 / 10#7. Chaparral, NM
- Typical home value: $228,579
- 1-year price change: -2.1%
- 5-year price change: +23.0%
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5 / 10#6. Anthony, NM
- Typical home value: $239,239
- 1-year price change: +0.7%
- 5-year price change: +33.9%
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6 / 10#5. Vado, NM
- Typical home value: $272,954
- 1-year price change: +1.3%
- 5-year price change: +26.8%
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7 / 10#4. La Mesa, NM
- Typical home value: $283,222
- 1-year price change: +1.7%
- 5-year price change: +16.8%
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8 / 10#3. Las Cruces, NM
- Typical home value: $290,170
- 1-year price change: -0.7%
- 5-year price change: +27.8%
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9 / 10#2. Santa Teresa, NM
- Typical home value: $317,541
- 1-year price change: -0.7%
- 5-year price change: +25.4%
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10 / 10#1. Mesilla Park, NM
- Typical home value: $366,074
- 1-year price change: +1.8%
- 5-year price change: +26.3%
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