RealTrends Market Report
New Mexico, NM
Single-Family Homes
Want your own branded market report? Visit altosresearch.com.
New Mexico, NM
Wed Jan 29 2025
This week the median list price for New Mexico, NM is $399,000 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has held steady at or around 4,410.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Real-Time Market Profile
| Median List Price | $399,000 | |
| Median Price of New Listings | $394,900 | |
| Per Square Foot | $203 | |
| Average Days on Market | 125 | |
| Median Days on Market | 91 | |
| Price Decreased | 29% | |
| Price Increased | 3% | |
| Relisted | 6% | |
| Inventory | 4,410 | |
| Median Rent | ||
| Market Action | 35 | |
| Slight Seller's Advantage | ||
Click for more charts
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $875,000 | 3,040 | 0.5 - 1 acre | 4 | 3 | 24 | 83 | 77 | 112 |
| $475,000 | 2,175 | 4,500 - 6,500 sqft | 3 | 2.5 | 21 | 100 | 98 | 91 |
| $347,000 | 1,808 | 4,500 - 6,500 sqft | 3 | 2 | 25 | 109 | 155 | 84 |
| $200,000 | 1,436 | 6,500 - 8,000 sqft | 3 | 2 | 61 | 85 | 142 | 84 |