Housing in La Union

A typical La Union home is worth roughly $252,000

The median sale price was $365,000 in April 2026.

Typical home value

$252K

NM $248K

Estimate

Median sale price

$365K

April 2026 · Redfin

Homes sold

in April

2-bedroom rent

$970

a month, utilities in · HUD

Median tax bill

$1,936

NM $1,731

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

Affordability

A typical home costs 4.5 years of income

More than across New Mexico (3.9 years). Try your own numbers below.

You could afford about

$222,000

Typical La Union home $252K

That’s $30K short of a typical La Union home.

The typical home, each month

$1,480

Loan $1,250Tax $160Insurance $70

A two-bedroom rents for about $970 a month here, $510 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, La Union’s typical property tax (0.77% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $970

Fair Market Rent a month, utilities included

Studio$700

1 bedroom$890

2 bedrooms$970

3 bedrooms$1,350

4 bedrooms$1,480

13%

of households rent · NM 30%

renter households

100%

of renters spend 30%+ of income on rent · NM 50%

21%

of the median income, for a two-bedroom

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Las Cruces, NM MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

88% of La Union households own their home

Half of La Union’s homes were built before 1989.

Owners and renters

Own 88%Rent 13%

New Mexico: 70% own.

1989

typical home built · NM 1985

$1,936

median property tax bill · NM $1,731

0.77%

of a home’s value, a year in tax · NM 0.70%

U.S. Census Bureau, American Community Survey 2020-2024.

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What La Union buyers, sellers and renters are saying.

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, April 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.