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La Luz, NM Home Values and Rents
The typical home value in La Luz is $270,352, 144th highest of 150 cities and towns in New Mexico. Median rent is $765 a month.
- Typical home value
- $270,352
- 144th of 150 in NM
- Median rent
- $765/mo
- ACS 2020-2024
- Price change, 1 year
- +2.8%
- Sep 2026
- Homeownership
- 76.1%
- NM: 70.0%
Typical home value in La Luz
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | La Luz |
|---|---|
| Sep 2026 | $270,352 |
| Dec 2025 | $260,203 |
| Dec 2024 | $260,761 |
| Dec 2023 | $246,983 |
| Dec 2022 | $232,449 |
| Dec 2021 | $204,347 |
| Dec 2020 | $181,320 |
| Dec 2019 | $162,029 |
Over five years, La Luz prices changed +36.9%.
Source: Zillow Research · Last updated 09/01/2026
Home values by ZIP code
Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index
Swipe the table sideways to see more columns.
| # | ZIP code | Median value | Median rent | 1-year | 5-year |
|---|---|---|---|---|---|
| 1 | 88337 | $158,600 | $790 | - | +32.2% |
Frequently asked questions
- What is the typical home value in La Luz, NM?
- The typical home value in La Luz is $270,352 (Zillow Home Value Index, Sep 2026). The New Mexico median is $248,100.
- How much is rent in La Luz?
- The median rent in La Luz is $765 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,014.
- Are home prices going up in La Luz?
- The typical home value in La Luz changed +2.8% over one year and +36.9% over five years, as of Sep 2026.
- How does La Luz compare with the rest of New Mexico?
- La Luz has the 144th highest median home value of 150 cities and towns with 1,000+ residents in New Mexico.
- Which ZIP code in La Luz has the highest home values?
- ZIP code 88337 has the highest median home value at $158,600.