Las Vegas, NM · Houses & Market Data

Las Vegas, New Mexico houses and real estate market data.

Houses in Las Vegas, NM (San Miguel County) — Census median home value $143,900, county listing prices up about 14.9% over the past year. Market data for Las Vegas houses and the broader area.

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Las Vegas, NM is in San Miguel County, New Mexico — this guide covers houses in Las Vegas and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 13,120, with a median household income of $42,732. Census data puts the median value of houses in Las Vegas at $143,900.

Info from government sites and builders may have provided source info.

Market overview

Las Vegas housing market

Las Vegas is in San Miguel County, New Mexico. Manifest Census and county price-trend data provide baseline context for houses in Las Vegas and the surrounding county market.

Median home value (Census ACS)

$143,900

Population (Census ACS)

13,120

Median household income

$42,732

County price trend (2025)

14.92% YoY

Population, income, and median home value from the project batch manifest (Census ACS 2023 5-year). County price trend from FHFA county HPI when present in the manifest row.

At a glance

Las Vegas market snapshot

Population

13,120

County

San Miguel County

Median Household Income

$42,732

Median Home Value (city)

$143,900

Median Gross Rent

$731/mo

Price Trend (YoY)

+14.9%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About

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Why Las Vegas

What makes Las Vegas different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Las Vegas's median home value — across all owner-occupied homes, not just recent sales — at $143,900.

County Price Trend

San Miguel County's FHFA house price index shows a 14.92% annual change in 2025.

Population & Income

Las Vegas has an estimated population of 13,120 and a median household income of $42,732, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Las Vegas's Census-reported median home value works out to about 3.4x the area's median household income, and median gross rent runs roughly 21% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

Nearby

Places around Las Vegas

County guide: San Miguel County — cities, market context, and local resources for the county that includes Las Vegas.

USAHouses.com also helps visitors looking in nearby San Miguel County and other New Mexico communities. Some locations may not yet have dedicated pages, but many licensed professionals in this region assist surrounding communities.

Nearby communities include Tecolote, Soham, San Jose, Ribera, North San Ysidro, Pueblo, Sena, East Pecos, Villanueva, Pecos, Tecolotito, Rowe, Conchas Dam.

More New Mexico cities with market guides: Rio Rancho, Santa Fe, Roswell, Farmington, Hobbs, Clovis, South Valley, Carlsbad.

Adjacent-county Census places with USAHouses.com pages: Watrous (~18.3 mi), Mora (~25.6 mi), Anton Chico (~28.6 mi), La Cueva (~29.1 mi), Llano del Medio (~29.3 mi), Glorieta (~30.7 mi), Valencia (~32.3 mi), Cañoncito (~35.3 mi), Cañada de los Alamos (~36.1 mi), Santa Fe Foothills (~38.3 mi), Hyde Park (~38.3 mi), Lamy (~38.5 mi), Sunlit Hills (~39.6 mi), Wagon Mound (~39.7 mi), Seton Village (~40.3 mi), Eldorado at Santa Fe (~40.7 mi).

New construction: New homes near Las Vegas (Albuquerque) · New Mexico new construction.

Census & home facts

Las Vegas data from published sources

Population (ACS 2023)

13,120

Median home value (ACS 2023)

$143,900

Median household income (ACS 2023)

$42,732

Median gross rent (ACS 2023)

$731

County FHFA annual change (2025)

14.92%

Census place type

city

County

San Miguel County

Land area (Census Gazetteer 2024)

8.62 sq mi

Census GEOID

3539940

Census ACS, FHFA, and FRED figures are labeled with the year present in existing CSVs. Subject to change / confirm locally.

Local life

Life in Las Vegas

Schools

WEST LAS VEGAS PUBLIC SCHOOLS — 10 schools, 1,555 students enrolled, per the U.S. Department of Education's Common Core of Data. San Miguel addresses may be served by WEST LAS VEGAS PUBLIC SCHOOLS, but attendance zones vary by street — confirm assigned schools with the district before making a move.

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Common questions

Las Vegas FAQ

What are houses worth in Las Vegas, NM?

The Census Bureau's American Community Survey puts the median value of houses in Las Vegas at $143,900.

How much do houses cost in Las Vegas, NM?

For owner-occupied houses in Las Vegas, Census ACS data shows a median value of $143,900. Active listing prices in San Miguel County may differ — see the market snapshot above.

What types of houses are in Las Vegas, NM?

Las Vegas houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding San Miguel County communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.

What is the population of Las Vegas, NM?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Las Vegas's population at approximately 13,120.

What's the median rent in Las Vegas, NM?

The Census ACS estimates median gross rent in Las Vegas at approximately $731 per month.

What is the median household income in Las Vegas, NM?

Census ACS data puts the median household income in Las Vegas at approximately $42,732.

Is the Las Vegas housing market growing?

San Miguel County's FHFA house price index shows a 14.92% annual change in 2025.

Is Las Vegas, NM affordable relative to income?

Census ACS data puts Las Vegas's median home value at about 3.4 times the median household income, with median gross rent equal to roughly 21% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

What school district serves Las Vegas, NM?

Manifest and public school-directory data suggest WEST LAS VEGAS PUBLIC SCHOOLS for many Las Vegas addresses, but attendance zones vary by street — verify your assigned schools with the district before making a move.

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