Why Live in Las Vegas
Las Vegas, nestled in the Sangre de Cristo Mountains of New Mexico, is a quiet town with a population of 13,000, including county workers, students, artists, and retirees. Known for its historic charm, the town features early 19th-century adobe buildings in Old Town and Victorian and Italianate homes in New Town, reflecting its rich past. The area is a state-designated arts and cultural district, boasting over 900 buildings on the National Register of Historic Places. Attractions include antique stores, art galleries, and eateries housed in historic buildings across three commercial districts. The Rough Rider Motorcycle Rally and historic building tours are notable events. The housing market offers a mix of historic homes, fixer-uppers, and newer homes from the 1960s to 1980s, with median home prices around $215,000. Recreational opportunities abound with over two dozen community parks, trails, and nearby national forests, although the area is prone to wildfires. Storrie Lake State Park offers camping, fishing, and boating, and the Taos Ski Valley is about 100 miles north. Las Vegas is served by two public school districts and is home to New Mexico Highlands University. Healthcare is available at Alta Vista Regional Hospital, and the town is connected to Santa Fe, 70 miles away, via I-25. The property crime rate has decreased over recent years, comparing it to the national average.
Home Trends in Las Vegas, NM
On average, homes in Las Vegas, NM sell after 106 days on the market compared to the national average of 50 days. The median sale price for homes in Las Vegas, NM over the last 12 months is $215,000, up 1% from the median home sale price over the previous 12 months.
Median Sale Price
$215,000
Median Single Family Sale Price
$215,000
Average Price Per Sq Ft
$163
Number of Homes for Sale
13
Last 12 months Home Sales
35
Median List Price
$270,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
1%
