Topics
Dive into each indicator for New Mexico.
$258,000
Median home value
$1,050
Median monthly rent
2023
68.0%
Homeownership rate
970,000
Total housing units
14.5%
Vacancy rate
≈ 5,900
Building permits
2023
0.67%
Effective property tax
Historical data
Long-run evolution of the key indicators, so you can see the trend — not just today's snapshot.
Median home value
1990–2024$258,000▲ 268%
Census / Zillow ZHVI, nominal dollars.
Homeownership rate
1990–202368%▼ 1%
Census Housing Vacancy Survey.
Data table
| Median home value | $258,000 | |
| Median monthly rent | $1,050 | 2023 |
| Homeownership rate | 68.0% | |
| Total housing units | 970,000 | |
| Vacancy rate | 14.5% | |
| Building permits | ≈ 5,900 | 2023 |
| Effective property tax | 0.67% |
Compared to the United States
Coming soon
Side-by-side comparison of New Mexico vs. the U.S. average.
National ranking
Coming soon
The national ranking against every other state will appear here as more states are published.