Las Vegas, NM Real Estate Market 2026

Investor-grade market analytics for Las Vegas, New Mexico. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.

Median Home Price

$238,609

+4.4% year-over-year

12-Month Forecast

-6.1%

base case (Zillow ZHVF)

-6.1% year-over-year

Las Vegas Market Summary

Las Vegas, NM shows steady growth at 4.4% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability is moderately stretched with a price-to-income ratio of 5.0x, above the national average of 4.8x. Climate risk remains low (18/100), favorable for long-term investment stability.

Affordability

Affordability Score71/100
Price-to-Income Ratio5.0x (national avg 4.8x)
Median Household Income$47,700

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case-9.2%
Base Case-6.1%
Bull Case-3.1%

Climate & Natural Hazard Risk

Las Vegas, NM's primary climate exposure is wildfire (50/100). The composite climate risk score of 18/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

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Las Vegas Real Estate Market Data 2026 | Lotlytics | Lotlytics