Las Vegas, NM Metro Area - Investment Guide
Metro Area • 6 Cities • 7 ZIP Codes
Avg Home Value
$294,784
Avg Monthly Rent
$963
Avg Cap Rate
3.21%
Avg Investability
2.6 ★
Cities
6
ZIP Codes
7
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Market Trends
Metro Home Value History
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
☀️
WARM MARKET
Las Vegas, NM Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
4.6%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of August 29, 2026 — updated weekly
Best ZIP codes in Las Vegas, NM
Every ZIP in the metro, ranked four ways. Free.
Cities in Las Vegas, NM
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 88401 | Tucumcari | NM | $77,286 | $873 | 8.81% | |
| 88401 | Tucumcari | NM | $82,419 | $873 | 8.26% | |
| 88401 | Tucumcari | NM | $76,591 | $873 | 8.89% | |
| 88401 | Tucumcari | NM | $82,354 | $873 | 8.27% | |
| 88401 | Tucumcari | NM | $77,713 | $873 | 8.76% | |
| 88401 | Tucumcari | NM | $79,987 | $873 | 8.51% | |
| 88401 | Tucumcari | NM | $77,713 | $873 | 8.76% | |
| 87701 | Las Vegas | NM | $237,089 | $918 | 3.02% | |
| 87701 | Las Vegas | NM | $229,973 | $918 | 3.11% | |
| 87701 | Las Vegas | NM | $240,364 | $918 | 2.98% | |
| 87701 | Las Vegas | NM | $215,281 | $918 | 3.33% | |
| 87701 | Las Vegas | NM | $240,697 | $918 | 2.97% | |
| 87701 | Las Vegas | NM | $215,281 | $918 | 3.33% | |
| 87701 | Las Vegas | NM | $241,761 | $918 | 2.96% | |
| 87552 | Pecos | NM | $327,908 | $1,323 | 3.15% | |
| 87562 | San Jose | NM | $383,179 | $909 | 1.85% | |
| 87538 | Pecos | NM | $271,511 | $909 | 2.61% | |
| 87742 | Rociada | NM | $373,671 | $900 | 1.88% | |
| 87552 | Pecos | NM | $305,586 | $1,323 | 3.38% | |
| 87745 | Sapello | NM | $359,380 | $909 | 1.97% | |
| 87562 | San Jose | NM | $354,047 | $909 | 2.00% | |
| 87742 | Rociada | NM | $351,885 | $900 | 1.99% | |
| 87538 | Pecos | NM | $301,846 | $909 | 2.35% | |
| 87745 | Sapello | NM | $340,264 | $909 | 2.08% | |
| 87552 | Pecos | NM | $326,737 | $1,323 | 3.16% | |
| 87562 | San Jose | NM | $385,744 | $909 | 1.84% | |
| 87538 | Pecos | NM | $271,658 | $909 | 2.61% | |
| 87742 | Rociada | NM | $372,061 | $900 | 1.89% | |
| 87552 | Pecos | NM | $293,534 | $1,323 | 3.52% | |
| 87745 | Sapello | NM | $379,763 | $909 | 1.87% | |
| 87562 | San Jose | NM | $351,159 | $909 | 2.02% | |
| 87742 | Rociada | NM | $343,472 | $900 | 2.04% | |
| 87538 | Pecos | NM | $297,542 | $909 | 2.38% | |
| 87745 | Sapello | NM | $322,579 | $909 | 2.20% | |
| 87552 | Pecos | NM | $324,541 | $1,323 | 3.18% | |
| 87562 | San Jose | NM | $376,788 | $909 | 1.88% | |
| 87538 | Pecos | NM | $271,658 | $909 | 2.61% | |
| 87742 | Rociada | NM | $358,700 | $900 | 1.96% | |
| 87552 | Pecos | NM | $293,534 | $1,323 | 3.52% | |
| 87745 | Sapello | NM | $365,091 | $909 | 1.94% | |
| 87562 | San Jose | NM | $351,159 | $909 | 2.02% | |
| 87742 | Rociada | NM | $343,472 | $900 | 2.04% | |
| 87538 | Pecos | NM | $294,406 | $909 | 2.41% | |
| 87745 | Sapello | NM | $322,579 | $909 | 2.20% | |
| 87552 | Pecos | NM | $326,612 | $1,323 | 3.16% | |
| 87562 | San Jose | NM | $377,570 | $909 | 1.88% | |
| 87742 | Rociada | NM | $368,614 | $900 | 1.90% | |
| 87538 | Pecos | NM | $299,839 | $909 | 2.36% | |
| 87745 | Sapello | NM | $365,308 | $909 | 1.94% |
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About Las Vegas, NM Real Estate Market
The Las Vegas, NM metropolitan statistical area (MSA) encompasses 6 cities and 7 ZIP codes. The average home value across the metro is $294,784, with an average monthly rent of $963. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.