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New Mexico Home Prices and Home Values

  • Zillow Home Value Index

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    Zillow Home Value Index
    Mid-point of Zestimate valuations for New Mexico. Half the Zestimates are above this number and half are below it.

  • Median list price ($)

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    Median list price ($)
    Mid-point of the list price for homes listed on Zillow in New Mexico, or the asking price.

  • Median sale price ($)

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    Median sale price ($)
    Mid-point of the price homes have sold for in New Mexico. Half the homes sold above this number and half sold below.

  • Median value per sq. ft. ($)

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    Median value per sq. ft. ($)
    Mid-point of the value of all homes in New Mexico, per square foot. This is derived by taking the Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Zestimate of $200k has a $200 value/sq foot).

  • Median sale price per sq. ft. ($)

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    Median sale price per sq. ft. ($)
    Mid-point of New Mexicos sold prices when divided by the square footage of a home (e.g. a 1,000 sq ft home that sold for $200k has a sold price/sq ft of $200).

  • Sold for loss (%)

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    Sold for loss (%)
    The percentage of homes in New Mexico that sold for less than the previous purchase price (e.g. a home purchased for $250k and then sold for $225k). This excludes foreclosure transactions.

  • Sold for gain (%)

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    Sold for gain (%)
    The percentage of homes sold for more than their previous purchase price (e.g. a home purchased for $225k and then sold for $250k).

  • Homes foreclosed (%)

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    Homes foreclosed (%)
    The percentage of all homes in New Mexico that were foreclosed in a given month. A foreclosure is when a homeowner loses their home to their lending institution of it is sold to a third party at an auction.

  • Foreclosure re-sales (%)

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    Foreclosure re-sales (%)
    The percentage of home sales in a given month in New Mexico where the home was foreclosed upon within the previous 12 months (e.g. sales of bank-owned homes after the bank repossessed a home during a foreclosure).

  • Median down payment ($)

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    Median down payment ($)
    Mid-point amount of down payments made on homes in New Mexico.

  • Median down payment (%)

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    Median down payment (%)
    Mid-point of the percentage of home value made in a down payment (e.g. a down payment of $20k on a $100k home is a down payment of 20%). The percentage takes into account all down payments made in New Mexico.

  • Increasing values (%)

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    Increasing values (%)
    The percentage of homes in New Mexico whose values have increased in the past year.

  • Decreasing values (%)

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    Decreasing values (%)
    The percentage of all homes in New Mexico whose value has fallen in the last year.

  • Sold in past year (%)

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    Sold in past year (%)
    The percentage of all homes in New Mexico that were sold in the past 12 months.

  • Property tax ($)

  • $105,400
  • -- Y-o-Y
  • Calculated 07/01/2009*
  • *Includes data and transactions through 03/31/2009
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This data is not available for New Mexico.

RegionId
Region
M-o-M
Q-o-Q
Y-o-Y
Current
41
New Mexico
105400
394305
Alamogordo Metro
133400
394312
Albuquerque Metro
0.9%
2.9%
-5.6%
178800
394443
Carlsbad Metro
394478
Clovis Metro
394529
Deming Metro
394574
Espanola Metro
247600
394588
Farmington Metro
394626
Gallup Metro
394642
Grants Metro
394683
Hobbs Metro
394773
Las Cruces Metro
1.3%
3.6%
-0.4%
155100
394774
Las Vegas Metro
394805
Los Alamos Metro
394996
Portales Metro
395040
Roswell Metro
395041
Ruidoso Metro
395066
Santa Fe Metro
-1.0%
-3.7%
-18.1%
236300
395100
Silver City Metro
395149
Taos Metro

 
Compare States Near New Mexico
Zillow Home Value Index Y-o-Y
New Mexico $105,400 --
Colorado $204,300 --
Arizona $166,400 --
Texas $79,300 --
Utah $209,300 --
Oklahoma $101,600 --
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For Sale New Mexico Homes

13 Camino De La Placita, Arroyo Hondo, NM Recently Sold Home

1473 43rd St, Los Alamos, NM Recently Sold Home

5032 Silver Sands Ave, El Paso, TX Recently Sold Home

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Zillow Home Values

Zillow calculates home values, average listing prices, sold prices, time on market, price reductions, foreclosure statistics, down payment amounts and many more metrics for the state of New Mexico. Get started by finding real estate or home values in all New Mexico counties.

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