Housing · La Plata

La Plata, NM housing market

The typical La Plata home is worth about $324,000, up 7.3% in a year, close to the New Mexico typical home.

Home values, sales, trends and how La Plata compares with the towns next door — updated as new data is published.

The market right now

La Plata at a glance

Typical home value
$324K
▲ 7.3% in a year · Zillow
Median sale price
$195K
April 2026 · Redfin
Homes sold
1
in April · 2 for sale

Only 1 sale in April 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

Ten-year trend

Typical home value, 2021–2026

La PlataNew Mexico
$225K$250K$275K$300K$325K 202220242026 La Plata $324K New Mexico $318K
Show as a table
JanuaryLa PlataNew Mexico
2022$255,000$263,000
2023$275,000$287,000
2024$293,000$302,000
2025$304,000$313,000
2026$321,000$315,000
August 2026$324,000$318,000
Nearby

La Plata and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr changeDays on marketMedian income
La Plata $324K +7.3% — $57,071
Farmington $290K +7.1% 11 $68,784
Affordability

5.7 years of income

The typical La Plata home costs about 5.7 years of the town's median household income, more than across New Mexico (5 years).

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
82.9%
New Mexico: 70%
Median tax bill
$1,491
New Mexico: $1,731
Median rent
$938
New Mexico: $1,067
Typical home built
1990
New Mexico: 1985

U.S. Census Bureau, ACS 2020-2024.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, April 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.

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La Plata

New Mexico · NM
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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/19 · 2025-01-01