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Las Vegas 87701

ZIP codeThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.New Mexico
$74K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
2
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$173K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Apr 2026 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Housing Stock

HomesHow many homes we have records for in this area.8,907
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$173K
Median sizeThe middle home size here, measured in square feet.1,050 ft²
Median bedroomsThe middle bedroom count for homes here.3
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1987
Single familyThe share of homes here that are single-family houses.66%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.68%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.4.0%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.64%
Company ownedThe share of homes owned by a company or trust instead of a person.4.5%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.0%
Typical ownership tenureHow long the typical owner here has held their home.18.0 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.113
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.91
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.65

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.83%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.16%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.22%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.18,322
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.10 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$41K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$58K
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.18 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.76%

How Las Vegas 87701 compares

By median home value, Las Vegas 87701 is the 11th most expensive of 12 ZIP codes in San Miguel County, and its typical home is worth more than 36% of all homes in San Miguel County.

Home values in Las Vegas 87701

Share of homes at each estimated value.

Median
$67K$457K
ZIP codes in San Miguel County ranked by median home value
#San Miguel CountyMedian valueHomes
1Pecos 87552$393K1,304
2Tererro 87573$294K219
3Sapello 87745$289K297
4Rociada 87742$281K356
5Rowe 87562$276K167
6Ilfeld 87538$272K176
7Montezuma 87731$257K127
8San Jose 87565$249K109
9Ribera 87560$235K455
10Serafina 87569$185K130
11Las Vegas 87701$173K8,907
12Conchas Dam 88416$148K584

About the Las Vegas 87701 market

What is the median home price in Las Vegas 87701, NM?

The median sale price in Las Vegas 87701, NM is $73,500 (data through April 2026), based on deeds recorded with the county.

How many homes sell in Las Vegas 87701, NM each year?

2 homes sold in Las Vegas 87701, NM over the last 12 months (data through April 2026). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

How many homes are there in Las Vegas 87701, NM?

Las Vegas 87701, NM contains 8,907 residential properties, with a median of 1,050 square feet, 3 bedrooms, built around 1987. The median TopHap Estimate is $173K.

How does Las Vegas 87701, NM compare to the rest of San Miguel County?

By median home value, Las Vegas 87701, NM is the 11th most expensive of 12 ZIP codes in San Miguel County. Its typical home is worth more than 36% of all homes in San Miguel County. Serafina 87569 ranks just above it and Conchas Dam 88416 just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Las Vegas 87701, NM?

64% of homes in Las Vegas 87701, NM are owner-occupied. 4% are held by a company rather than an individual.

How much equity do owners in Las Vegas 87701, NM hold?

68% of mortgaged homes in Las Vegas 87701, NM are equity-rich, meaning the loan balance is under half the home's value. 4.0% owe more than the home is worth.

Nearby markets

Browse addresses

Every street and address TopHap holds is browsable by state, county and city. Browse NM property records.

Explore Las Vegas 87701 on the map

See every recorded sale, price heat map, school zone and flood overlay across Las Vegas 87701in TopHap’s interactive 3D map.

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