The median home value in Las Cruces, NM is $220,713. This is lower than the county median home value of $235,000. The national median home value is $308,980. The average price of homes sold in Las Cruces, NM is $220,713. Approximately 53% of Las Cruces homes are owned, compared to 39% rented, while 8% are vacant. Las Cruces 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 Cruces real estate agent to arrange a tour today! Learn more about Las Cruces Real Estate.