Why Live in Los Lunas
Los Lunas, New Mexico, located in the Rio Grande Valley east of the Manzano Mountains, is a rapidly growing village with a population nearing 20,000. Situated about 24 miles south of Albuquerque, Los Lunas has seen significant economic growth, partly due to new job opportunities from major employers like Amazon, Meta, and upcoming projects such as an aluminum can sheet rolling mill. The village benefits from several Opportunity Zone Areas, promoting economic success through tax cuts. Commuters have access to Interstate 25, state Route 314, and the New Mexico Rail Runner Express, which connects to Albuquerque and Santa Fe. Housing in Los Lunas includes Pueblo Revival, Spanish-influenced styles, and modern constructions, with new developments in areas like Cerro Vista and Meadow Lake. The village features a mix of independent and big-box stores, with dining options ranging from New Mexican to Mexican cuisine. The seasonal Los Lunas Farmers Market at Heritage Park offers locally grown produce. Recreational sites include Riverside Park along the Rio Grande River and El Cerro de Los Lunas nature preserve, known for its trails and desert wildlife. Los Lunas Public Schools serve around 8,500 students and are recognized for their high-end technology and healthy food initiatives. The village hosts various holiday celebrations and events like the King of the Hill races. Nearby, the Isleta Pueblo offers cultural and entertainment venues, including the Isleta Amphitheater.
Home Trends in Los Lunas, NM
On average, homes in Los Lunas, NM sell after 64 days on the market compared to the national average of 51 days. The median sale price for homes in Los Lunas, NM over the last 12 months is $335,000, up 9% from the median home sale price over the previous 12 months.
Median Sale Price
$335,000
Median Single Family Sale Price
$352,000
Median Townhouse Sale Price
$240,000
Average Price Per Sq Ft
$203
Number of Homes for Sale
253
Last 12 months Home Sales
557
Median List Price
$359,990
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
9%