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
    Number of homes in New Mexico that have been foreclosed but not yet resold to a private party. Expressed as a ratio (foreclosed homes per 10,000 total homes). It does not include homes for which the foreclosure process has started but not yet finished.
  • 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.
  • $176,300
  • -2.2%Y-o-Y
  • Calculated 07/18/2014*
  • *Includes data and transactions through 06/30/2014
 
 
 
 
Close

This data is not available for New Mexico.

RegionId
Region
M-o-M
Q-o-Q
Y-o-Y
Jun 2014
41
-0.6%
-1.5%
-2.2%
176300
394305
394312
-1.4%
-3.2%
-2.9%
175200
394443
394478
394529
394574
394588
394626
394642
394683
394773
-0.4%
-2.2%
-3.6%
138800
394774
394805
394996
395040
395041
395066
-1.8%
-4.8%
-0.8%
315600
395100
395149
 
Zillow Home Value IndexY-o-Y
New Mexico$176,300-2.2%
Colorado$245,4008.0%
Arizona$187,7008.2%
Utah$213,2001.5%
Oklahoma$108,7006.7%
Wyoming$197,8002.3%
Mortgage Rates
 
Homes for Sale
  1. 3031 Alameda Ave, El Paso, TX Home For Sale
    3031 Alameda Ave, El Paso, TX 79905

     For Sale: $105,000

    • Beds: 0
    • Sqft: 5994
    • Baths: --
    • Lot: 6970
  2. 11329 Alameda Ave, Socorro, TX Home For Sale
    11329 Alameda Ave, Socorro, TX 79927

     For Sale: $575,000

    • Beds: 0
    • Sqft: 174240
    • Baths: --
    • Lot: --
  3. 2200 Beech, Portales, NM Home For Sale
    2200 Beech, Portales, NM 88130

     For Sale: $219,900

    • Beds: 3
    • Sqft: --
    • Baths: 3.0
    • Lot: --
Coming Soon
  1. 1529 Peppoli Loop SE, Rio Rancho, NM ComingSoon Home
    1529 Peppoli Loop SE, Rio Rancho, NM 87124

     Coming Soon: $215K

    • Beds: 4
    • Sqft: 2596
    • Baths: 2.5
    • Lot: 6098
  2. 932 Everest Rd SE, Rio Rancho, NM ComingSoon Home
    932 Everest Rd SE, Rio Rancho, NM 87124

     Coming Soon: $125K

    • Beds: 3
    • Sqft: 1289
    • Baths: 2.0
    • Lot: 21780
Home Design Ideas and Photos