Market Overview
Home Prices in Los Lunas, NM
The median home value in Los Lunas, NM is $327,874 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.8% compared to a year ago and up 1.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Los Lunas are priced20% below average. Los Lunas is part of the Albuquerque, NM metro area.
Over the past five years, Los Lunas home values have risen by approximately31.5%, reflecting strong long-term appreciation in this market.
Price History
Los Lunas Home Price Trend
City Comparison
Los Lunas vs. National Median
At $327,874, homes in Los Lunas cost 20% below the national median of $410,000. This makes Los Lunas a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Los Lunas?
20% Down Payment
$65,575
on $327,874
Monthly P&I
$1,710/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,172/mo
incl. taxes & insurance
Income Needed
$86,880
gross annual (30% rule)
10% Down Option
$32,787
+ PMI applies
Loan Amount (20% dn)
$262,299
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Los Lunas, NM?
The median home value in Los Lunas is $327,874 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.8% year-over-year.
How much have home prices changed in Los Lunas?
Over the past year, home values in Los Lunas have increased by 2.8%. Over five years, prices have risen approximately 31.5%.
How much do I need to earn to buy a home in Los Lunas?
To comfortably afford the median home price of $327,874 with a 20% down payment ($65,575) at today's rates (6.8%), you'd need a gross annual income of approximately $86,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Los Lunas compare to the national average home price?
The national median home value is approximately $410,000. At $327,874, homes in Los Lunas are 20% below the national average.
What metro area is Los Lunas part of?
Los Lunas is part of the Albuquerque, NM metropolitan area. Home prices and market conditions can vary across the broader metro region.