House Prices

House Prices & Home Values La Luz, NM 2026


Average Data

average house price$615,580
average size per house2123 ft²
average price per ft²291 $ / ft²

04/17/2026 - The value range (VR) for house prices in La Luz, NM is $464/ sqft to $464/ sqft. An average home with 2123 sqft costs approximately $985,072 to $985,072. La Luz, NM includes 1 ZIP codes and it is located in Otero county. The lowest prices are found in ZIP 88337, while the highest are in ZIP 88337. The average price per sqare feet is $291. Our analysis is based on 10 property listings.

Avergage prices by ZIP codes La Luz

88337464 $ / ft²




Historical development of home values in La Luz

Year Estimated value (USD) Change vs. 2025
2010 $285,886 -53.6%
2011 $274,831 -55.4%
2012 $274,091 -55.5%
2013 $284,336 -53.8%
2014 $298,475 -51.5%
2015 $313,793 -49.0%
2016 $330,169 -46.4%
2017 $347,990 -43.5%
2018 $367,229 -40.3%
2019 $384,256 -37.6%
2020 $404,121 -34.4%
2021 $459,644 -25.3%
2022 $535,841 -13.0%
2023 $565,069 -8.2%
2024 $597,759 -2.9%
2025 $615,580 0.0%

Graph: estimated home values in La Luz over time (USD)



Example: 100% financing house in La Luz

Loan amount: $615,580

Interest rate: 6.00%

Fixed monthly payment: $3,690.71

Breakdown in the 1st month:
Interest portion: $3,077.90  –  Principal portion: $612.81

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $36,729.16 $7,559.39 $608,020.61
2 $36,262.92 $8,025.64 $599,994.96
3 $35,767.91 $8,520.65 $591,474.32
4 $35,242.38 $9,046.18 $582,428.14
5 $34,684.43 $9,604.13 $572,824.01
6 $34,092.07 $10,196.49 $562,627.52
7 $33,463.17 $10,825.39 $551,802.13
8 $32,795.48 $11,493.07 $540,309.06
9 $32,086.62 $12,201.94 $528,107.12
10 $31,334.03 $12,954.53 $515,152.59
11 $30,535.02 $13,753.54 $501,399.05
12 $29,686.73 $14,601.83 $486,797.22
13 $28,786.12 $15,502.43 $471,294.79
14 $27,829.97 $16,458.59 $454,836.20
15 $26,814.84 $17,473.72 $437,362.48
16 $25,737.10 $18,551.46 $418,811.02
17 $24,592.88 $19,695.67 $399,115.34
18 $23,378.10 $20,910.46 $378,204.88
19 $22,088.38 $22,200.17 $356,004.71
20 $20,719.13 $23,569.43 $332,435.28
21 $19,265.42 $25,023.14 $307,412.13
22 $17,722.04 $26,566.51 $280,845.62
23 $16,083.48 $28,205.08 $252,640.54
24 $14,343.85 $29,944.71 $222,695.84
25 $12,496.93 $31,791.63 $190,904.21
26 $10,536.09 $33,752.47 $157,151.74
27 $8,454.31 $35,834.25 $121,317.49
28 $6,244.13 $38,044.42 $83,273.07
29 $3,897.64 $40,390.92 $42,882.15
30 $1,406.41 $42,882.15 $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 La Luz, NM


1500 sqft3900 sqft
Ø selling price$528,166$1,123,551
Ø fast selling$480,151$1,011,196
Ø high price sale$576,180$1,235,907

In 2026, houses in La Luz, NM will be offered at an average price of $291 per square foot. A 1,500 sqft home priced at $528,166 is 22.98% more expensive per square foot than a 3,900 sqft home priced at $1,123,551. Home prices in La Luz, NM vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $777,844. Sellers who can wait longer may achieve a higher price of up to $950,698.

FAQ – Home Values in La Luz

What is the median home value in La Luz in 2026?

In 2026, the typical home value in La Luz is about $615,580 for an average home size of 2123 square feet. This corresponds to an average price of roughly $291 per square foot.

What is the average cost per square foot in La Luz?

In 2026, homes in La Luz sell for an average of around $291 per square foot, with a typical range between $464 and $464 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 La Luz is about 2123 square feet, with an estimated 2026 value around $615,580.



Locations close to La Luz, NM

Lincoln, NM150 $ / ft²
Mayhill, NM182 $ / ft²
Mescalero, NM308 $ / ft²
Hondo, NM148 $ / ft²
Holloman Air Force Base, NM137 $ / ft²
High Rolls Mountain Park, NM666 $ / ft²
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