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New Mexico Real Estate & Property Data

New Mexico Real Estate Market Trends
Last Updated: September 27, 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 25,507 residential properties sold in the New Mexico real estate market over the past 12 months. As of August 2025, the median home price in NM on single-family homes is $321,875. The median single-family home value for properties over the last 12 months is $311,100. Currently, the State of New Mexico has 113 properties in foreclosure and 22 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 797,027
Total Commercial Properties 28,762
Avg. Home Age (Single Family Home) 42 Years
Avg. Square Feet (Single Family Home) 1,874
Total 2025 Residential Sales (year-to-date) 12,815
% of Homes Seriously Underwater (Q3 2025) 0.91%
Total 2024 Residential Sales 25,390
% of Equity Rich Homes (Q3 2025) 32.23%
Effective 2024 Property Tax 0.63%
Total Foreclosure Filings (year-to-date) 1,039
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New Mexico Real Estate Overview

There were 25,507 residential properties sold in the past year in New Mexico. The median home value in New Mexico is $311,100. There are a total of 797,027 residential properties in the NM.

Median Sales Price i
$321,875
(Jul 2025)
-2.8%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • July '25 Jul '25 $321,875
  • June '25 Jun '25 $330,106
  • May '25 May '25 $332,244
  • April '25 Apr '25 $316,648
  • March '25 Mar '25 $323,438
  • February '25 Feb '25 $320,000
  • January '25 Jan '25 $311,506
  • December '24 Dec '24 $325,126
  • November '24 Nov '24 $320,512
  • October '24 Oct '24 $331,875
  • September '24 Sep '24 $315,425
  • August '24 Aug '24 $325,000
Median Down Payment i
$59,500
(Jul 2025)
-3.3%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • July '25 Jul '25 $59,500
  • June '25 Jun '25 $63,000
  • May '25 May '25 $62,500
  • April '25 Apr '25 $60,533
  • March '25 Mar '25 $60,000
  • February '25 Feb '25 $57,000
  • January '25 Jan '25 $55,313
  • December '24 Dec '24 $56,375
  • November '24 Nov '24 $56,850
  • October '24 Oct '24 $65,313
  • September '24 Sep '24 $58,500
  • August '24 Aug '24 $61,281
Number of Homes Sold i
1,987
(Jul 2025)
-16.8%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • July '25 Jul '25 1,987
  • June '25 Jun '25 1,952
  • May '25 May '25 1,871
  • April '25 Apr '25 1,922
  • March '25 Mar '25 1,900
  • February '25 Feb '25 1,658
  • January '25 Jan '25 1,525
  • December '24 Dec '24 1,854
  • November '24 Nov '24 1,769
  • October '24 Oct '24 2,243
  • September '24 Sep '24 2,000
  • August '24 Aug '24 2,438
Number of Purchase Loans i
1,457
(Jul 2025)
-13.5%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • July '25 Jul '25 1,457
  • June '25 Jun '25 1,491
  • May '25 May '25 1,428
  • April '25 Apr '25 1,425
  • March '25 Mar '25 1,477
  • February '25 Feb '25 1,305
  • January '25 Jan '25 1,328
  • December '24 Dec '24 1,584
  • November '24 Nov '24 1,351
  • October '24 Oct '24 1,695
  • September '24 Sep '24 1,443
  • August '24 Aug '24 1,702
Number of REFI Loans i
1,364
(Jul 2025)
+28.6%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • July '25 Jul '25 1,364
  • June '25 Jun '25 1,319
  • May '25 May '25 1,346
  • April '25 Apr '25 1,488
  • March '25 Mar '25 1,245
  • February '25 Feb '25 1,086
  • January '25 Jan '25 1,172
  • December '24 Dec '24 1,240
  • November '24 Nov '24 1,146
  • October '24 Oct '24 1,389
  • September '24 Sep '24 1,281
  • August '24 Aug '24 1,140
Number of HELOC Loans i
395
(Jul 2025)
-5%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • July '25 Jul '25 395
  • June '25 Jun '25 367
  • May '25 May '25 352
  • April '25 Apr '25 403
  • March '25 Mar '25 307
  • February '25 Feb '25 307
  • January '25 Jan '25 286
  • December '24 Dec '24 298
  • November '24 Nov '24 250
  • October '24 Oct '24 342
  • September '24 Sep '24 325
  • August '24 Aug '24 389

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 113 New Mexico properties with a foreclosure filing in July 2025. Lenders started the foreclosure process on 69 New Mexico properties and repossessed 22 New Mexico properties through completed foreclosures (REOs) in July 2025.

Total Foreclosure Filings i
113
(Jul 2025)
+22.8%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • July '25 Jul '25 113
  • June '25 Jun '25 142
  • May '25 May '25 178
  • April '25 Apr '25 190
  • March '25 Mar '25 147
  • 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
Foreclosure Starts i
69
(Jul 2025)
+50%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • July '25 Jul '25 69
  • June '25 Jun '25 96
  • May '25 May '25 115
  • April '25 Apr '25 143
  • March '25 Mar '25 89
  • 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
Completed Foreclosures (REOs) i
22
(Jul 2025)
-8.3%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • July '25 Jul '25 22
  • June '25 Jun '25 22
  • May '25 May '25 21
  • April '25 Apr '25 12
  • March '25 Mar '25 27
  • 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
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