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Las Campanas

Learn about the people, housing, costs and businesses in Las Campanas, New Mexico

Median Home$885,671
Median Rent$1,201/month
Population1,501
Leading IndustriesArts, Food & Hospitality · Healthcare · Wholesale Trade17% arts, food & hospitality
Home Value Growth⬆⬆⬆+27.6% over 2 years
Retirees33% of residentstop 4% nationally
Homeowners87% of occupied units
NotableTransit89/100 · excellent transit access
NotableHigh Incomes$145k/year · top 4% nationally
Las Campanas
NM

Frequently Asked Questions

What are today's mortgage rates in Las Campanas?

As of today, the 30-year fixed mortgage rate for Las Campanas is approximately 6.995% (7.035% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Las Campanas?

The median home value in Las Campanas is $886k. The median monthly rent is $1,201. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Las Campanas?

Home values in Las Campanas have increased 27.6% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Las Campanas?

Based on a typical all-in ownership cost of $1,634/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $70k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Las Campanas is $145k/year.

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What industries drive the economy in Las Campanas?

The largest employment sectors in Las Campanas are healthcare (20%) and arts, food, and hospitality (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.