Home Prices in New Mexico

$258,000
Median home value
+45%
5-yr change
≈ $650,000
Santa Fe median

Historical data

Coming soon

Long-run charts for this indicator are on the way.

Compared to the United States

IndicatorNew MexicoUnited States
5-yr home price growth (%)4540

National ranking

New Mexico ranks #29 of 33 states by median sale price.

#1California$786,000
#2Massachusetts$625,000
#3Colorado$545,000
#4New Jersey$520,000
#5Utah$510,000
#6Oregon$465,000
#7New York$460,000
#8Rhode Island$459,000
#9New Hampshire$450,000
#10Arizona$440,000
#11Virginia$420,000
#12Florida$400,000
#13Delaware$382,000
#14Georgia$345,000
#15North Carolina$340,000
#16Wisconsin$310,000
#17Washington$310,000
#18Minnesota$309,000
#19Texas$302,000
#20South Dakota$300,000
#21Illinois$285,000
#22Michigan$260,000
#23Missouri$255,000
#24Indiana$245,000
#25Ohio$235,000
#26Louisiana$203,000
#27Kentucky$186,000
#28Oklahoma$176,000
#29New Mexico45%
#30Vermont$27
#31Wyoming27%
#32Maine5%
#33Montana4%

Overview

New Mexico's home prices stands at $258,000, a key indicator for anyone evaluating home prices in the state. Additional figures include 5-yr change: +45%, santa fe median: ≈ $650,000, giving a fuller picture of home prices trends across New Mexico. Home prices in New Mexico have risen roughly 45% since 2020, driven by demand in Santa Fe and Albuquerque, though the state remains more affordable than most Western neighbors.

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