Home values, rents and more in New Mexico
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open New Mexico in ProMap- Under $150k
- $150k–$180k
- $180k–$230k
- $230k–$310k
- $310k+
- No data
How New Mexico compares
The typical home in New Mexico is worth about $316,000, according to the Zillow Home Value Index for September 2026. Home values in New Mexico are 14% below the U.S. typical value ($366,000).
Over the past year, home values in New Mexico rose 1.7%, compared with +1.2% nationally.
Typical rent is $1,584 a month (Zillow Observed Rent Index), 18% below the U.S. ($1,932). Rents rose 4.1% over the past year.
The median household income is $64,059, against $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 2,125,498 people live in New Mexico (Census Bureau estimate for July 2025).
New Mexico has the 20th-lowest typical home value of the 51 states in the United States with Zillow figures.
More for New Mexico in ProMap Plus
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- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- School test scores
- Flood, wildfire and natural hazard risk
- Property-tax rate
- Unemployment and job growth
- Building permits
- Mortgage delinquency
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby states
Metro areas in New Mexico
- Alamogordo, NM $230,000
- Albuquerque, NM $349,000
- Carlsbad-Artesia, NM $248,000
- Clovis, NM $160,000
- Deming, NM $164,000
- Española, NM $331,000
- Farmington, NM $274,000
- Gallup, NM $216,000
- Hobbs, NM $197,000
- Las Cruces, NM $285,000
- Las Vegas, NM $247,000
- Los Alamos, NM $579,000
- Roswell, NM $171,000
- Ruidoso, NM $336,000
- Santa Fe, NM $549,000
- Silver City, NM $179,000
- Taos, NM $425,000
Counties in New Mexico
- Bernalillo County, NM $348,000
- Catron County, NM $212,000
- Chaves County, NM $171,000
- Cibola County, NM $159,000
- Colfax County, NM $245,000
- Curry County, NM $160,000
- De Baca County, NM $101,000
- Doña Ana County, NM $285,000
- Eddy County, NM $248,000
- Grant County, NM $179,000
- Hidalgo County, NM $106,000
- Lea County, NM $197,000
- Lincoln County, NM $336,000
- Los Alamos County, NM $579,000
- Luna County, NM $164,000
- McKinley County, NM $216,000
- Otero County, NM $230,000
- Quay County, NM $96,160
- Rio Arriba County, NM $331,000
- Roosevelt County, NM $144,000
- San Juan County, NM $274,000
- San Miguel County, NM $246,000
- Sandoval County, NM $373,000
- Santa Fe County, NM $549,000
- Sierra County, NM $180,000
- Socorro County, NM $197,000
- Taos County, NM $425,000
- Torrance County, NM $217,000
- Union County, NM $107,000
- Valencia County, NM $318,000
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.