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Old Las Vegas Corridor Housing Market Report May 2025•Santa Fe County, New Mexico
Housing Prices in Old Las Vegas Corridor, NM
How much do homes in Old Las Vegas Corridor, NM cost?
Housing Market Conditions
Is Old Las Vegas Corridor, NM a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Old Las Vegas Corridor is a Seller's Market
Difference Since May 2024
At the same time last year, Old Las Vegas Corridor was a Buyer's Market.
Insight
Old Las Vegas Corridor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$940,000$361/SqFt
+$90,000
+10.6%
Based on all homes sold in the last 12 months
Insight
Homes in Old Las Vegas Corridor have sold for 10.6% more than they did a year ago.
Summary: The median home sold price in Old Las Vegas Corridor was $940,000 in May 2025, up 10.6% from last year, and the median price per square foot was $361.
Median Sold Price By Bedrooms
| Beds | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | $370K | N/A |
| 22 Bedrooms | $530K | $950K | +79.2% |
| 33 Bedrooms | $850K | $855K | +0.6% |
| 44 Bedrooms | $933.5K | $975K | +4.4% |
| 55+ Bedrooms | - | $1.6M | N/A |
Summary: Old Las Vegas Corridor housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +79.2%. The home price for 3 bedroom homes increased by +0.6%. The home price for 4 bedroom homes increased by +4.4%. The home price for 5 bedroom homes did not change.
How does Old Las Vegas Corridor, NM compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Old Las Vegas Corridor, NM
Housing supply in Old Las Vegas Corridor, NM
How many homes are available in Old Las Vegas Corridor, NM?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 15Last MonthMay 2025 | ||
| 132 months agoApr 2025 | +15.4 % Change MoMApr – May |
Summary: The Old Las Vegas Corridor real estate market had 15 homes for sale in May 2025, a 15.4 % increase compared to Apr 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 3Last MonthMay 2025 | ||
| 02 months agoApr 2025 | +100.0 % Change MoMApr – May |
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 2 | 2 | 0.0% |
| 22 Bedrooms | 0 | 0 | 0.0% |
| 33 Bedrooms | 3 | 4 | +33.3% |
| 44 Bedrooms | 7 | 8 | +14.3% |
| 55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Old Las Vegas Corridor housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +33.3%. The inventory for 4 bedroom homes increased by +14.3%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Old Las Vegas Corridor, NM cost?
Over Asking Price1 Home
At Asking Price1 Home
Under Asking Price1 Home
Insight
If you're buying a home in Old Las Vegas Corridor, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Old Las Vegas Corridor in May 2025, up by 100.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and and 33% were sold over asking.
Days on Market for Old Las Vegas Corridor, NM
How long does it take to sell a home in Old Las Vegas Corridor, NM?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days0 Home
Over 90 Days1 Home
Insight
Many homes in Old Las Vegas Corridor are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 3 homes were sold in Old Las Vegas Corridor; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 38 DaysThis YearMay 2025 | ||
| 3 Days1 year agoMay 2024 | +1177.8 % Change YoYMay 2024 – May 2025 |
Summary: Homes in Old Las Vegas Corridor had an average listing age of 38 days in May 2025, up by 1177.8% compared to the previous year.
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Newest Listings in Old Las Vegas Corridor, NM
What homes are available in Old Las Vegas Corridor, NM?
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MLS Disclaimers and Copyright
Based on information from Santa Fe MLS, and Southwest Multiple Listing Service for the period 06/01/2023 - 06/01/2025
The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright © 2025 Santa Fe Association of REALTORS® All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/5/2025, 11:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/5/2025, 11:45:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.