$6,413 Closing Credit*
$540,000
2,441 SqFt
3 Beds
•2 Full Baths
Janis Paul, Listing Office: ERA Sellers & Buyers Real Esta
Housing Prices in Fairacres, NM
How much do homes in Fairacres, NM cost?
Median List Price
$525,000
$202/sqft
Based on all homes listed in December 2024.
Difference Since Last Month
+$15,000(+2.9%)
Key Takeaway
The list price of homes in Fairacres has increased by 2.9% since November.
Summary: The median home list price in Fairacres was $525,000 in December 2024, up 2.9% from the previous month, and the median price per square foot was $202.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $540K | N/A |
| 4 Bedrooms | $510K | $510K | 0.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Fairacres housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Las Cruces | $510K | $540K | +5.9% |
| Fairacres | $510K | $525K | +2.9% |
| Mesilla | $510K | $510K | 0.0% |
Housing Supply in Fairacres, NM
How many homes are available in Fairacres, NM?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Summary: The Fairacres real estate market had 2 homes for sale in December 2024, a 100.0% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 0 | 1 | +100.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Fairacres housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Fairacres, NM
How long does it take to sell a home in Fairacres, NM?
Average Listing Age
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 23 Days | 38 Days | +67.4% |
Summary: Homes in Fairacres had an average listing age of 38 days in Dec 2024, up by 67.4% compared to the previous month.
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater El Paso Association of REALTORS®. Real estate listings held by other brokerage firms are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers.