Featuring Property Focus AI™
New Mexico Housing Market Trends
Market Summary
Property Focus is a top real estate property search platform that provides in-depth property insights, transaction histories, and ownership data across the U.S. In the past 12 months, New Mexico saw 32,436 residential properties sold. As of June 2026, the median price for a single-family home is $337,120, with a median AVM value of $307,000 for properties sold in the last year.
There are 25,522 involuntary liens on 21,774 properties, 1,872 in pre-foreclosure, and 598,672 properties with more than 50% equity in New Mexico. The market also includes 405,077 fully paid-off homes, offering unique opportunities for buyers and investors.
Market Stats Overview
Total Residential Properties
830,420
Total Home Sales
32,436 12 mo. trend
Median Home Price
$337,12012 mo. trend
Average Loan-to-Value
21.12%
Current Pre-foreclosures
1,872
% of Properties in Distress
0.23%
Total Involuntary Liens
25,522
% of High Equity Homes
72.09%
New Mexico Real Estate Markets
The cities and zip codes listed below represent the highest-value real estate markets in New Mexico based strictly on median home sale prices. Leading markets include Lamy ($868,000), Corrales ($758,000), 87506 ($1,106,000), and 87540 ($870,000), which consistently rank among the state's highest value residential areas over the past 12 months. These locations showcase the top-tier property markets across New Mexico. Search other nearby counties to discover their top markets.