RealTrends Market Report

New Mexico, NM

Single-Family Homes

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New Mexico, NM

Tue Jul 01 2025
This week the median list price for New Mexico, NM is $429,000 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has held steady at or around 5,817. Click here to stay informed with the New Mexico market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

New Mexico, NM

Tue Jul 01 2025
This week the median list price for New Mexico, NM is $429,000 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has held steady at or around 5,817. Click here to stay informed with the New Mexico market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Real-Time Market Profile

Never miss important changes in the New Mexico market.
Median List Price $429,000
Median Price of New Listings $397,900
Per Square Foot $213
Average Days on Market 109
Median Days on Market 63
Price Decreased 38%
Price Increased 2%
Relisted 7%
Inventory 5,817
Median Rent
Market Action 35
Slight Seller's Advantage

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
$919,750 3,108 1 - 2.5 acres 4 3 24 105 115 70
$515,000 2,223 0.25 - 0.5 acre 3 2.5 22 128 130 63
$370,000 1,900 6,500 - 8,000 sqft 3 2 23 142 178 56
$234,000 1,490 6,500 - 8,000 sqft 3 2 52 164 209 63