24Alpha

Luna County, NM Housing Market Brief

county · NM · score computed October 2026

Deep Buyer's

What is Luna County, NM’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
●8
Inventory Health25%
●5

Population band 3 of 5 (population 20,431–39,126) · comparable within its band

Affordability20%
●29
Economic Strength20%
●29
Rental Yield15%
●61

Where is Luna County, NM in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Luna County, NM is classified as Recovering — turning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Luna County, NM?

County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Luna County, NM housing market data

MetricValueYoYSource
Median Sale Price$234K▲ +9.1%Redfin
Median Days on Market68 days▲ +172%Redfin
Months of Supply5.3▼ -19.7%Redfin
Homes for Sale71▲ +7.6%Redfin
Homes Sold13▲ +30%Redfin
Median Price / Sq Ft$156▲ +21.1%Redfin

How has Luna County, NM’s Alpha Score moved?

Now: 24
2-period trend
Median sale price · 12 mo

Markets like Luna County, NM

Frequently asked questions

Is Luna County, NM a buyer's or seller's market?

In the scores computed October 2026, Luna County, NM is classified as a Deep Buyer's Market, based on its Alpha Score of 24 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Luna County, NM?

The median sale price in Luna County, NM is $234K, having risen 9.1% over the past year, according to Redfin.

How affordable is Luna County, NM?

Luna County, NM scores 29 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Luna County, NM's Alpha Score?

Luna County, NM's strongest dimension is Rental Yield (61/100) and its weakest is Inventory Health (5/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Luna County, NM? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.