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New Mexico Real Estate & Property Data

New Mexico Real Estate Market Trends
Last Updated: April 22, 2025

Get access to New Mexico real estate data and housing market reports powered by the industry’s leading provider of real estate and property data, ATTOM. There have been 26,058 residential properties sold in the New Mexico real estate market over the past 12 months. As of January 2026, the median home price in NM on single-family homes is $316,442. The median single-family home value for properties over the last 12 months is $295,500. Currently, the State of New Mexico has 148 properties in foreclosure and 25 REOs (real estate bank owned).

See how easy it is to locate target properties in NM, build bespoke property reports, and create marketing lists from ATTOM’s New Mexico real estate data.

New Mexico Real Estate Market Trends
Get property data for any address in New Mexico or the country:
Total Residential Properties 797,135
Total Commercial Properties 28,850
Avg. Home Age (Single Family Home) 42 Years
Avg. Square Feet (Single Family Home) 1,875
Total 2026 Residential Sales (year-to-date) 3,041
% of Homes Seriously Underwater (Q2 2025) 0.9%
Total 2025 Residential Sales 24,770
% of Equity Rich Homes (Q2 2025) 31.33%
Effective 2025 Property Tax 0.64%
Total Foreclosure Filings (year-to-date) 269
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New Mexico Real Estate Overview

There were 26,058 residential properties sold in the past year in New Mexico. The median home value in New Mexico is $295,500. There are a total of 797,135 residential properties in the NM.

Median Sales Price i
$316,442
(Feb 2025)
+1.6%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 $316,442
  • January '25 Jan '25 $309,261
  • December '24 Dec '24 $325,000
  • November '24 Nov '24 $327,781
  • October '24 Oct '24 $330,000
  • September '24 Sep '24 $315,425
  • August '24 Aug '24 $324,748
  • July '24 Jul '24 $330,687
  • June '24 Jun '24 $322,326
  • May '24 May '24 $330,000
  • April '24 Apr '24 $323,154
  • March '24 Mar '24 $317,822
Median Down Payment i
$56,250
(Feb 2025)
-2.6%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 $56,250
  • January '25 Jan '25 $55,200
  • December '24 Dec '24 $56,000
  • November '24 Nov '24 $57,928
  • October '24 Oct '24 $65,313
  • September '24 Sep '24 $58,312
  • August '24 Aug '24 $61,250
  • July '24 Jul '24 $61,353
  • June '24 Jun '24 $61,125
  • May '24 May '24 $61,750
  • April '24 Apr '24 $58,928
  • March '24 Mar '24 $58,750
Number of Homes Sold i
1,585
(Feb 2025)
-15.2%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 1,585
  • January '25 Jan '25 1,456
  • December '24 Dec '24 1,804
  • November '24 Nov '24 1,633
  • October '24 Oct '24 2,203
  • September '24 Sep '24 1,972
  • August '24 Aug '24 2,396
  • July '24 Jul '24 2,330
  • June '24 Jun '24 2,141
  • May '24 May '24 2,368
  • April '24 Apr '24 2,272
  • March '24 Mar '24 2,028
Number of Purchase Loans i
1,254
(Feb 2025)
-11.7%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 1,254
  • January '25 Jan '25 1,254
  • December '24 Dec '24 1,518
  • November '24 Nov '24 1,274
  • October '24 Oct '24 1,664
  • September '24 Sep '24 1,423
  • August '24 Aug '24 1,677
  • July '24 Jul '24 1,595
  • June '24 Jun '24 1,530
  • May '24 May '24 1,746
  • April '24 Apr '24 1,672
  • March '24 Mar '24 1,552
Number of REFI Loans i
1,079
(Feb 2025)
+10.9%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 1,079
  • January '25 Jan '25 1,143
  • December '24 Dec '24 1,232
  • November '24 Nov '24 1,121
  • October '24 Oct '24 1,391
  • September '24 Sep '24 1,275
  • August '24 Aug '24 1,137
  • July '24 Jul '24 1,051
  • June '24 Jun '24 917
  • May '24 May '24 1,062
  • April '24 Apr '24 1,063
  • March '24 Mar '24 1,045
Number of HELOC Loans i
305
(Feb 2025)
+7.4%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 305
  • January '25 Jan '25 283
  • December '24 Dec '24 294
  • November '24 Nov '24 246
  • October '24 Oct '24 341
  • September '24 Sep '24 325
  • August '24 Aug '24 390
  • July '24 Jul '24 413
  • June '24 Jun '24 335
  • May '24 May '24 365
  • April '24 Apr '24 354
  • March '24 Mar '24 323

New Mexico Real Estate Market Overview

Last 30 days
  • County
    Median Est. Value
  • County
    Median Est. Value
  • County
    Median Est. Value

New Mexico Foreclosure Activity

There were a total of 148 New Mexico properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 99 New Mexico properties and repossessed 25 New Mexico properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i
148
(Feb 2025)
+13%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 148
  • January '25 Jan '25 121
  • December '24 Dec '24 148
  • November '24 Nov '24 90
  • October '24 Oct '24 130
  • September '24 Sep '24 114
  • August '24 Aug '24 74
  • July '24 Jul '24 92
  • June '24 Jun '24 103
  • May '24 May '24 116
  • April '24 Apr '24 147
  • March '24 Mar '24 63
Foreclosure Starts i
99
(Feb 2025)
-2.9%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 99
  • January '25 Jan '25 76
  • December '24 Dec '24 88
  • November '24 Nov '24 76
  • October '24 Oct '24 105
  • September '24 Sep '24 95
  • August '24 Aug '24 48
  • July '24 Jul '24 46
  • June '24 Jun '24 64
  • May '24 May '24 63
  • April '24 Apr '24 80
  • March '24 Mar '24 45
Completed Foreclosures (REOs) i
25
(Feb 2025)
+13.6%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '25 Feb '25 25
  • January '25 Jan '25 18
  • December '24 Dec '24 15
  • November '24 Nov '24 41
  • October '24 Oct '24 16
  • September '24 Sep '24 22
  • August '24 Aug '24 20
  • July '24 Jul '24 24
  • June '24 Jun '24 22
  • May '24 May '24 31
  • April '24 Apr '24 16
  • March '24 Mar '24 19
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