Median price for residential apartments in La Luz, NM as of Feb, 2023.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
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7 La Luz, NM, USA apartments for sale
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SINGLE FAMILY, COMMERCIAL, CURR.USE CHANGE, OTHER, RES LOT(S)
199 Alamo Street, La Luz, Otero County, NM 88337, USAStudio
1 Bath
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SITE BUILT HOME
4, 4 Valley Drive, La Luz, Otero County, NM 88337, USA3 Bed
2 Bath
1,280 Sq Ft
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MH LOT(S), SINGLE FAMILY, COMMERCIAL, CURR.USE CHANGE, OTHER
199 Alamo Street, La Luz, Otero County, NM 88337, USAStudio
1 Bath
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SINGLE FAMILY, COMMERCIAL, CURR.USE CHANGE, OTHER, RES LOT(S)
201 Alamo Street, La Luz, Otero County, NM 88310, USAStudio
1 Bath
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Property For Sale In La Luz, New Mexico
5 Running Indian Road, Otero County, NM 88337, USAStudio
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Home For Sale In La Luz, New Mexico
10 Alicia Drive, La Luz, Otero County, NM 88337, USA2 Bed
1 Bath
1,024 Sq Ft
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Home For Sale In La Luz, New Mexico
4 Valley View Drive, La Luz, Otero County, NM 88337, USA3 Bed
2 Bath
1,920 Sq Ft
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Plot For Sale In La Luz, New Mexico
22 Aniana Lane, La Luz, Otero County, NM 88337, USAn/a
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SITE BUILT HOME
4, 4 Valley Drive, La Luz, Otero County, NM 88337, USA3 Bed
2 Bath
1,280 Sq Ft
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Plot For Sale In La Luz, New Mexico
Canyon View Drive, La Luz, Otero County, NM 88337, USAn/a
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Plot For Sale In La Luz, New Mexico
Canyon View Drive, La Luz, Otero County, NM 88337, USAn/a
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Plot For Sale In Alamogordo, New Mexico
Shady Grove RV Park, US 54, 70, La Luz, Otero County, NM 88337, USAn/a
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SINGLE FAMILY, COMMERCIAL, CURR.USE CHANGE, OTHER, RES LOT(S)
199 Alamo Street, La Luz, Otero County, NM 88337, USAStudio
1 Bath
SoldView Photos
MH LOT(S), SINGLE FAMILY, COMMERCIAL, CURR.USE CHANGE, OTHER
199 Alamo Street, La Luz, Otero County, NM 88337, USAStudio
1 Bath
SoldView Photos
SINGLE FAMILY, COMMERCIAL, CURR.USE CHANGE, OTHER, RES LOT(S)
201 Alamo Street, La Luz, Otero County, NM 88310, USAStudio
1 Bath
SoldView Photos
Plot For Sale In Alamogordo, New Mexico
Shady Grove RV Park, US 54, 70, La Luz, Otero County, NM 88337, USAn/a
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Plot For Sale In Alamogordo, New Mexico
89 Running Indian Road, Otero County, NM 88310, USAn/a
La Luz
According to statistics, the population in La Luz, NM amounts to 1,455, which shows decline -16% compared to the previous year. The median age of the city’s residents is 54. The average household income is $31,667, shifting decline -20% from the past year, and the average property value in La Luz, NM decline -5% to $74,600 throughout the year.
| Population | 1,455 |
| Median Age | 53.7 |
| Poverty Rate | 26% |
| Household Income | $31,667 |
| Number Of Employees | 538 |
| Median Property Value | $74,600 |
Household Income
The average household income in La Luz, NM declined from $39,766 to $31,667 in the past year. This data is an estimate based upon 662 households in La Luz, NM . The chart below presents how household income is distributed in La Luz, NM in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in La Luz, NM shifted from $78,800 to $74,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in La Luz, NM in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of La Luz, NM properties falls in the '$60,000 to $69,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in La Luz, NM compared to median property taxes around the country. The prevalent amount of property taxes in La Luz, NM equals $800, which is less than the national average.
Housing Trends
How much does an apartment cost in La Luz, NM, USA
Average apartment sale in La Luz: $85,740 (+6.4%)
| Apartment Size | Feb | vs Last Month |
|---|---|---|
| Studio apartments | $77,175 | +7.8% |
| 3-bed apartments | $120,000 | +0% |
During February 2023, the average price for an apartment in/near La Luz, NM increased by 6.4% to $85,740.
Knowing the current property prices is key if you plan to buy a studio in La Luz, NM. The average price for a studio has increased since the last month, currently being $77,175. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $120,000.
| Listing Type | Feb | vs Last Month |
|---|---|---|
| Land for sale | $200,000 | +35.7% |
| Houses for sale | $57,175 | +0% |
According to statistics, average house is still $57,175 with no significant changes this month. The average price of the land for sale in La Luz, NM has increased by 35.7%, and now equals $200,000.
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