New Mexico Property Value Indicators (2024)

Median Value

$248,100

Total Properties

585,937
Owner-Occupied

High Value ($1M+)

2.4%
Market Share

Low Value (<$25k)

5.8%
Affordability Floor

New Mexico Property Value Distribution (2024)

Value Distribution for
Figure 1: Percentage of owner-occupied housing units by valuation tier in .



Property Value FAQs for New Mexico

The median property value in New Mexico is $248,100.

In recent years, median home values in New Mexico have increased by 56.6%.