House Prices

House Prices & Home Values Luna, NM 2026


Average Data

average house price$377,500
average size per house3108 ft²
average price per ft²122 $ / ft²

06/26/2026 - The value range (VR) for house prices in Luna, NM is $121/ sqft to $121/ sqft. An average home with 3108 sqft costs approximately $376,068 to $376,068. Luna, NM includes 1 ZIP codes and it is located in Catron county. The lowest prices are found in ZIP 87824, while the highest are in ZIP 87824. The average price per sqare feet is $122. Our analysis is based on 2 property listings.

Avergage prices by ZIP codes Luna

87824125 $ / ft²




Historical development of home values in Luna

Year Estimated value (USD) Change vs. 2025
2010 $175,318 -53.6%
2011 $168,538 -55.4%
2012 $168,084 -55.5%
2013 $174,367 -53.8%
2014 $183,037 -51.5%
2015 $192,431 -49.0%
2016 $202,474 -46.4%
2017 $213,402 -43.5%
2018 $225,200 -40.3%
2019 $235,642 -37.6%
2020 $247,824 -34.4%
2021 $281,873 -25.3%
2022 $328,601 -13.0%
2023 $346,525 -8.2%
2024 $366,572 -2.9%
2025 $377,500 0.0%

Graph: estimated home values in Luna over time (USD)



Example: 100% financing house in Luna

Loan amount: $377,500

Interest rate: 6.00%

Fixed monthly payment: $2,263.30

Breakdown in the 1st month:
Interest portion: $1,887.50  –  Principal portion: $375.80

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $22,523.89 $4,635.74 $372,864.26
2 $22,237.97 $4,921.67 $367,942.59
3 $21,934.41 $5,225.22 $362,717.36
4 $21,612.13 $5,547.50 $357,169.86
5 $21,269.98 $5,889.66 $351,280.20
6 $20,906.71 $6,252.92 $345,027.27
7 $20,521.05 $6,638.59 $338,388.68
8 $20,111.59 $7,048.04 $331,340.64
9 $19,676.89 $7,482.75 $323,857.88
10 $19,215.37 $7,944.27 $315,913.61
11 $18,725.38 $8,434.26 $307,479.35
12 $18,205.17 $8,954.46 $298,524.89
13 $17,652.88 $9,506.76 $289,018.13
14 $17,066.53 $10,093.11 $278,925.02
15 $16,444.01 $10,715.63 $268,209.39
16 $15,783.09 $11,376.55 $256,832.84
17 $15,081.41 $12,078.23 $244,754.61
18 $14,336.45 $12,823.19 $231,931.42
19 $13,545.54 $13,614.10 $218,317.32
20 $12,705.86 $14,453.78 $203,863.54
21 $11,814.38 $15,345.26 $188,518.28
22 $10,867.92 $16,291.72 $172,226.55
23 $9,863.08 $17,296.56 $154,929.99
24 $8,796.26 $18,363.38 $136,566.62
25 $7,663.65 $19,495.99 $117,070.63
26 $6,461.18 $20,698.46 $96,372.17
27 $5,184.55 $21,975.09 $74,397.08
28 $3,829.17 $23,330.47 $51,066.61
29 $2,390.20 $24,769.44 $26,297.17
30 $862.47 $26,297.17 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Luna, NM


1500 sqft3900 sqft
Ø selling price$221,431$471,043
Ø fast selling$201,301$423,938
Ø high price sale$241,561$518,147

In 2026, houses in Luna, NM will be offered at an average price of $122 per square foot. A 1,500 sqft home priced at $221,431 is 23.74% more expensive per square foot than a 3,900 sqft home priced at $471,043. Home prices in Luna, NM vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $326,106. Sellers who can wait longer may achieve a higher price of up to $398,575.


Explore Luna, New Mexico

Discover the quiet charm of Luna, NM, a small unincorporated community tucked into the high country of Catron County.

Overview

Situated near the Arizona border along US-180, Luna, New Mexico offers sweeping views of the Mogollon Mountains and vast ponderosa forests.
Its rural setting appeals to travelers seeking dark skies, open roads, and a slow pace.

History & Culture

Founded by ranching families and named after early settlers, Luna preserves a frontier heritage visible in local homesteads and seasonal gatherings.
Visitors can explore nearby historic towns and ghost sites that tell the story of mining, timber, and cattle drives across the Southwest.

Outdoor Recreation & Nature

The area?s cool summers and snowy winters invite hiking, dispersed camping, and wildlife viewing in the Gila National Forest.
Anglers and photographers will find clear streams, open meadows, and abundant elk and deer along backroads and trailheads.

Travel Tips & Nearby

Luna is a scenic stop between Alpine, AZ and Reserve, NM, with basic services in neighboring communities and cell coverage that can be spotty.
Plan fuel and food ahead, check forest road conditions, and respect private ranchlands when exploring.

For road-trippers and nature lovers, Luna NM delivers big-sky serenity, wide-open adventure, and a genuinely unhurried New Mexico experience.



FAQ – Home Values in Luna

What is the median home value in Luna in 2026?

In 2026, the typical home value in Luna is about $377,500 for an average home size of 3108 square feet. This corresponds to an average price of roughly $122 per square foot.

What is the average cost per square foot in Luna?

In 2026, homes in Luna sell for an average of around $122 per square foot, with a typical range between $121 and $121 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Luna is about 3108 square feet, with an estimated 2026 value around $377,500.



Locations close to Luna, NM

Magdalena, NM200 $ / ft²
Pie Town, NM170 $ / ft²
Polvadera, NM214 $ / ft²
Lemitar, NM87 $ / ft²
Datil, NM234 $ / ft²
Aragon, NM248 $ / ft²
  imprint  Privacy