New Mexico · Home Values · 2024
New Mexico home prices 2024 — median, average and county breakdown
According to the US Census Bureau's American Community Survey 5-Year Estimates (2020–2024), the median home value in New Mexico is $248,100. Across the 33 counties measured, home values range from $70,000 in Harding, NM to $495,800 in Los Alamos, NM.
New Mexico median home value, 2024
Most expensive counties in New Mexico
| County | Median home value |
|---|---|
| Los Alamos, NM | $495,800 |
| Santa Fe, NM | $446,300 |
| Taos, NM | $382,800 |
| Sandoval, NM | $313,800 |
| Bernalillo, NM | $292,900 |
Most affordable counties in New Mexico
| County | Median home value |
|---|---|
| Harding, NM | $70,000 |
| McKinley, NM | $78,700 |
| Quay, NM | $87,200 |
| Guadalupe, NM | $110,000 |
| Hidalgo, NM | $111,000 |
How does New Mexico compare nationally?
New Mexico ranks #36 of 50 states. The New Mexico median of $248,100 is 17% below the national median of $299,950.
Among the 13 West states, New Mexico has the lowest median home value; the next most affordable are Alaska ($352,900) and Wyoming ($309,700).
New Mexico has a wide county-level price spread: Los Alamos, NM ($495,800) is 7.1× more expensive than Harding, NM ($70,000).
The Census also reports a median monthly rent of $1,067 and a price-to-income ratio of 3.9× for New Mexico — both from the same 2020–2024 ACS 5-Year Estimates release.
Explore New Mexico on the map
The figures above are static snapshots. The full county-level breakdown — including rent burden, price-to-income ratio, owner cost burden, and population change — is available on the interactive map.
Open New Mexico on the USInsights map →Compare with other states
See the same home-price breakdown for any other US state, or compare New Mexico side-by-side with the national rankings: