State market data for agents
New Mexico housing market — data for agents
The latest New Mexico home prices, inventory, and days-on-market — the numbers to quote when you set a seller's expectations or reassure a buyer — with month-over-month and year-over-year trends and how it stacks up nationally. When a client says “but I heard the market is…,” you can show them the typical New Mexico home is 13.6% lower than the U.S. typical value of $370K.
Data as of May 2026.
Latest snapshot — quote these in your CMA
Home value
$320K
May 2026
Sale price
$396K
May 2026
Days on market
53 days
May 2026
Inventory
4,270
May 2026
Months supply
5
May 2026
Homes sold
868
May 2026
Sale-to-list
98.9%
May 2026
What to tell your buyers and sellers
Drop these lines straight into a listing presentation or a pricing conversation — each one is the current New Mexico figure with its trend, not an opinion.
- ·Typical home value (ZHVI) is $319,816 — +0.1% month over month, +1.2% year over year.
- ·Median sale price is $395,500 — +8.7% month over month, +10.4% year over year.
- ·Median days on market is 53 days — -10.2% month over month, +12.8% year over year.
- ·Homes for sale is 4,270 — -1.4% month over month, -2.4% year over year.
13-month trends — the story behind your pricing
Metro areas in New Mexico
All real estate is local — drill into your client's metro for the numbers that actually move a pricing conversation.
| Metro area | Typical home value |
|---|---|
| Albuquerque, NM | $353K |
| Las Cruces, NM | $288K |
| Santa Fe, NM | $559K |
Sources & methodology
Every figure on this page is drawn from authoritative public housing and mortgage data, refreshed monthly — so you can quote it in a listing appointment or CMA and back it with a link when a client pushes back. Home values shown as ZHVI are a smoothed typical-value index, not raw sale prices.