Home Values
- - Zillow Home Value Index
  - List price ($)
  - Sale price ($)
  - Rent list price ($)
  - Zillow Rent Index
  - - Total homes sold
    - Value per sq. ft. ($)
    - List price / sq. ft. ($)
    - Sale price / sq. ft. ($)
    - Rent estimate / sq. ft. ($)
    - Rent list / sq. ft. ($)
    - Sale-to-list price ratio
    - Listings w/ price cut (%)
    - Amount of price cut (%)
    - Sold for loss (%)
    - Sold for gain (%)
    - Homes foreclosed
    - Foreclosure re-sales (%)
    - Increasing values (%)
    - Decreasing values (%)
    - Sold in past year (%)
    MoreFewer metrics
- Time Period
  - 1 year
  - 5 years
  - 10 years
- Compare
  - Metros
  - Counties
  - Cities
- Filter
  - Home Type
  - Price Tier
  - No. of Bedrooms

New Mexico Home Prices and Home Values

Zillow Home Value Index
What's this?
Close
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 ($)
What's this?
Close
Median list price ($)
Mid-point of the list price for homes listed on Zillow in New Mexico, or the asking price.
Median sale price ($)
What's this?
Close
Median sale price ($)
Mid-point of the price homes have sold for in New Mexico. Half the homes sold above this number and half sold below.
Zillow Rent Index
What's this?
Close
Zillow Rent Index
Mid-point of Rent Zestimates—Zillow's estimated monthly rent price—for homes in New Mexico. Half the Rent Zestimates are above this number and half are below it.
Median rent list price ($)
What's this?
Close
Median rent list price ($)
Mid-point of the rental price for homes listed for rent on Zillow in the New Mexico. Half the homes have rent prices above this number and half are below.
Total homes sold
What's this?
Close
Total homes sold
Total number of homes sold in New Mexico during the prior 30 days.
Median value per sq. ft. ($)
What's this?
Close
Median value per sq. ft. ($)
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 $200 value/sq foot).
Median list price / sq. ft. ($)
What's this?
Close
Median list price / sq. ft. ($)
Mid-point of New Mexicos list prices when divided by the square footage of a home (e.g. a 1,000 sq ft home with a list price of $200k has a list price/sq ft of $200).
Median sale price / sq. ft. ($)
What's this?
Close
Median sale price / sq. ft. ($)
Mid-point of New Mexicos sale prices when divided by the square footage of a home (e.g. a 1,000 sq ft home that sold for $200k has a sale price/sq ft of $200).
Rent estimate / sq. ft. ($)
What's this?
Close
Rent estimate / sq. ft. ($)
Mid-point of the estimated monthly rent price of all homes in New Mexico, per square foot. This is derived by taking the Rent Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Rent Zestimate of $2000 per month has a $2 value/sq foot).
Median rent list price / sq. ft. ($)
What's this?
Close
Median rent list price / sq. ft. ($)
Mid-point of New Mexicos rent when divided by the square footage of a home (e.g. a 1,000 sq ft home with a rent of $1,200 has a rent/sq ft of $12).
Median sale-to-list price ratio
What's this?
Close
Median sale-to-list price ratio
Mid-point of the ratio between the sale price and the list price for all homes in New Mexico (e.g. if a home with a list price of $200k sells for $250k, its ratio would be 5:4 or 1.25).
Listings with price cut (%)
What's this?
Close
Listings with price cut (%)
The percentage of current listings on Zillow in New Mexico whose price has been reduced in the last 30 days.
Median price cut (%)
What's this?
Close
Median price cut (%)
Mid-point of the percentage of price reduction for homes in New Mexico whose prices have been reduced in the past full month.
Sold for loss (%)
What's this?
Close
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 (%)
What's this?
Close
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
What's this?
Close
Homes foreclosed
The number of homes in the New Mexico per 10,000 that were foreclosed in a given month. A foreclosure is when a homeowner loses their home to their lending institution or it is sold to a third party at an auction.
Foreclosure re-sales (%)
What's this?
Close
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).
Increasing values (%)
What's this?
Close
Increasing values (%)
The percentage of homes in New Mexico whose values have increased in the past year.
Decreasing values (%)
What's this?
Close
Decreasing values (%)
The percentage of all homes in New Mexico whose value has fallen in the last year.
Sold in past year (%)
What's this?
Close
Sold in past year (%)
The percentage of all homes in New Mexico that were sold in the past 12 months.

$164,800
3.5%Y-o-Y

Calculated 05/15/2013^*
^*Includes data and transactions through 04/30/2013

RegionId	Region	M-o-M	Q-o-Q	Y-o-Y	Apr 2013
41	New Mexico	-0.9%	-1.7%	3.5%	164800
394305	Alamogordo Metro
394312	Albuquerque Metro	-2.2%	-3.3%	0.8%	157100
394443	Carlsbad Metro
394478	Clovis Metro
394529	Deming Metro
394574	Espanola Metro
394588	Farmington Metro
394626	Gallup Metro
394642	Grants Metro
394683	Hobbs Metro
394773	Las Cruces Metro	-0.8%	-3.7%	-0.2%	132200
394774	Las Vegas Metro
394805	Los Alamos Metro
394996	Portales Metro
395040	Roswell Metro
395041	Ruidoso Metro
395066	Santa Fe Metro
395100	Silver City Metro
395149	Taos Metro

Zillow Home Value Index		Y-o-Y
New Mexico	$164,800	3.5%
Colorado	$222,300	9.9%
Arizona	$162,900	19.6%
Utah	$215,100	11.2%
Oklahoma	$98,500	2.7%
Wyoming	$209,700	7.8%

Nearby Cities

Home Values

Time Period

Compare

Filter

New Mexico Home Prices and Home Values

Zillow Home Value Index

Median list price ($)

Median sale price ($)

Zillow Rent Index

Median rent list price ($)

Total homes sold

Median value per sq. ft. ($)

Median list price / sq. ft. ($)

Median sale price / sq. ft. ($)

Rent estimate / sq. ft. ($)

Median rent list price / sq. ft. ($)

Median sale-to-list price ratio

Listings with price cut (%)

Median price cut (%)

Sold for loss (%)

Sold for gain (%)

Homes foreclosed

Foreclosure re-sales (%)

Increasing values (%)

Decreasing values (%)

Sold in past year (%)

This data is not available for New Mexico.

Compare States Near New Mexico

Mortgage Rates

Homes for Sale