RealTrends Market Report

New Mexico, NM

Single-Family Homes

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New Mexico, NM

Sun Dec 07 2025
This week the median list price for New Mexico, NM is $415,000 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has decreased to 5,838. 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

Sun Dec 07 2025
This week the median list price for New Mexico, NM is $415,000 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has decreased to 5,838. 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 $415,000
Median Price of New Listings $365,000
Per Square Foot $209
Average Days on Market 132
Median Days on Market 91
Price Decreased 38%
Price Increased 2%
Relisted 6%
Inventory 5,838
Median Rent
Market Action 33
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
$899,000 3,055 1 - 2.5 acres 4 3 24 53 86 119
$497,500 2,230 8,000 - 10,000 sqft 3 2.5 22 76 137 98
$350,000 1,832 6,500 - 8,000 sqft 3 2 24 74 195 84
$219,900 1,435 6,500 - 8,000 sqft 3 2 57 112 217 84