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New Mexico
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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 days listed on Zillow
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Median days listed on Zillow

Mid-point of number of days homes in New Mexico have been listed as active on Zillow.
Homes for sale on Zillow
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Homes for sale on Zillow

Total number of homes listed on Zillow that are for sale in New Mexico.
Total homes sold
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Total homes sold

Total number of homes sold in New Mexico during the prior 30 days.
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 $200 value/sq foot).
Median list price per sq. ft. ($)
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Median list price per 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 $200).
Median sale price per sq. ft. ($)
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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).
Median list-to-sale price ratio
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Median list-to-sale price ratio

Mid-point of the ratio between the list price and the sold price for all homes in New Mexico (e.g. if a home with a list price of $250k sells for $200k, its ratio would be 5:4 or 1.25).
Listings with price cut (%)
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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 (%)
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Median price cut (%)

The 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 (%)
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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 or 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).
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.

$229,900
-3.8% Y-o-Y

Calculated 11/02/2009^*
^*Includes data and transactions through 10/31/2009

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RegionId	Region	M-o-M	Q-o-Q	Y-o-Y	Oct 2009
41	New Mexico	0.0%	-1.5%	-3.8%	229900
394305	Alamogordo Metro	0.0%	1.7%	-1.2%	158000
394312	Albuquerque Metro	0.0%	-0.0%	-4.3%	224900
394443	Carlsbad Metro	8.0%	-0.7%	14.7%	149000
394478	Clovis Metro	0.0%	4.0%	7.2%	155500
394529	Deming Metro	-0.7%	-0.3%	-5.1%	149000
394574	Espanola Metro	2.6%	2.6%	8.5%	205000
394588	Farmington Metro	0.9%	-0.9%	-3.9%	217000
394626	Gallup Metro	-0.5%	-3.3%	0.0%	188000
394642	Grants Metro	-9.7%	52.3%	73.4%	140000
394683	Hobbs Metro	0.0%	-3.4%	78.9%	170000
394773	Las Cruces Metro	0.0%	-0.0%	-13.0%	199900
394774	Las Vegas Metro	0.5%	0.0%	11.4%	199900
394805	Los Alamos Metro	5.5%	3.9%	-3.2%	269000
394996	Portales Metro	0.0%	-5.5%	-33.0%	119900
395040	Roswell Metro	3.2%	-4.1%	3.2%	159900
395041	Ruidoso Metro	-1.1%	-5.2%	-7.3%	227500
395066	Santa Fe Metro	2.4%	-0.9%	2.4%	435000
395100	Silver City Metro	0.2%	0.2%	-4.8%	199900
395149	Taos Metro	0.0%	-4.0%	-7.4%	310000

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Compare States Near New Mexico

Median list price ($)		Y-o-Y
New Mexico	$229,900	-3.8%
Colorado	$274,000	-5.5%
Arizona	$189,900	-17.1%
Texas	$184,800	-0.1%
Utah	$239,900	-12.2%
Oklahoma	$140,100	-6.5%

See more states near New Mexico

Zillow Mortgage Marketplace

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Average Rates	Today	Last Week
30 Year Fixed	4.63%	4.67%
15 Year Fixed	4.18%	4.23%

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Rate

30 year fixed	5.12%	0 min ago
30 year fixed	4.50%	1 min ago
30 year fixed	4.75%	1 min ago
30 year fixed	4.50%	1 min ago
30 year fixed	4.75%	1 min ago
30 year fixed	4.75%	1 min ago
30 year fixed	4.75%	1 min ago
30 year fixed	4.75%	1 min ago
5/1 ARM	3.75%	1 min ago
30 year fixed	4.75%	1 min ago
30 year fixed	4.25%	1 min ago
30 year fixed	4.62%	1 min ago
3/1 ARM	4.25%	1 min ago
7/1 ARM	4.12%	1 min ago
7/1 ARM	4.12%	1 min ago
5/1 ARM	3.75%	1 min ago
5/1 ARM	4.00%	1 min ago
30 year fixed	4.38%	1 min ago
30 year fixed	4.25%	1 min ago
30 year fixed	4.50%	1 min ago
30 year fixed	4.38%	1 min ago
30 year fixed	4.25%	1 min ago
30 year fixed	4.75%	3 min ago
30 year fixed	4.38%	3 min ago
30 year fixed	4.50%	3 min ago
5/1 ARM	3.50%	3 min ago
15 year fixed	4.25%	3 min ago
10 year fixed	4.50%	3 min ago
30 year fixed	4.62%	3 min ago
3/1 ARM	3.62%	3 min ago
10 year fixed	4.12%	3 min ago
7/1 ARM	3.88%	3 min ago
30 year fixed	4.25%	3 min ago
20 year fixed	4.50%	3 min ago
5/1 ARM	3.38%	3 min ago
30 year fixed	4.62%	3 min ago
15 year fixed (FHA ...	4.25%	3 min ago
30 year fixed (FHA ...	4.75%	3 min ago
20 year fixed	4.25%	3 min ago
5/1 ARM	3.62%	3 min ago
20 year fixed	4.50%	3 min ago
15 year fixed	4.25%	3 min ago
30 year fixed	4.75%	3 min ago
30 year fixed (VA)	5.50%	3 min ago
15 year fixed	4.00%	3 min ago
5/1 ARM	3.25%	3 min ago
5/1 ARM	3.50%	3 min ago
15 year fixed	4.25%	3 min ago
30 year fixed	4.62%	3 min ago

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For Sale New Mexico Homes

$295,000
48 Upper Red River Valley Rd, Red River, NM 87558

$374,900
Agua Fria St APT D, Santa Fe, NM 87501

$132,900
9 Racr 178, Ojo Caliente, NM 87549

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New Mexico Home Prices and Home Values

Zillow Home Value Index

Median list price ($)

Median sale price ($)

Median days listed on Zillow

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Total homes sold

Median value per sq. ft. ($)

Median list price per sq. ft. ($)

Median sale price per sq. ft. ($)

Median list-to-sale 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 (%)

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New Mexico Home Prices and Home Values

Zillow Home Value Index

Median list price ($)

Median sale price ($)

Median days listed on Zillow

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Total homes sold

Median value per sq. ft. ($)

Median list price per sq. ft. ($)

Median sale price per sq. ft. ($)

Median list-to-sale 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.

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