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 27,811 residential properties sold. As of June 2025, the median price for a single-family home is $325,000, with a median AVM value of $300,000 for properties sold in the last year.
There are 24,956 involuntary liens on 21,250 properties, 867 in pre-foreclosure, and 614,520 properties with more than 50% equity in New Mexico. The market also includes 448,089 fully paid-off homes, offering unique opportunities for buyers and investors.
Market Stats Overview
Total Residential Properties
831,464
Total Home Sales
27,811 12 mo. trend
Median Home Price
$325,00012 mo. trend
Average Loan-to-Value
18.45%
Current Pre-foreclosures
867
% of Properties in Distress
0.1%
Total Involuntary Liens
24,956
% of High Equity Homes
73.91%
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 ($884,500), Corrales ($704,000), 87506 ($1,120,000), and 87540 ($886,000), 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.