New Mexico Real Estate Market
September 2026 · Source: Realtor.com
Buyer's Market
September 2026
Market Snapshot — New Mexico
Median Listing Price
$399,475
▼ 0.1% vs $400,000 last year
Active Listings
7,322
▲ 7.7% vs 6,799 last year
Median Days on Market
80
▲ 6.7% vs 75 days last year
New Listings
2,018
added this month
Pending Listings
2,566
under contract
24-Month Trends — New Mexico
Metro Areas in New Mexico
| Metro Area | Active Listings | Median Price | Days on Market |
|---|
| Albuquerque, NM |
3,413 |
$410,750 |
67 days |
| Las Cruces, NM |
1,300 |
$366,475 |
93 days |
| Santa Fe, NM |
1,055 |
$776,500 |
81 days |
| Alamogordo, NM |
440 |
$313,488 |
83 days |
| Taos, NM |
407 |
$593,500 |
115 days |
| Clovis, NM |
340 |
$239,950 |
68 days |
| Farmington, NM |
269 |
$393,250 |
52 days |
| Carlsbad-Artesia, NM |
264 |
$305,000 |
84 days |
| Roswell, NM |
254 |
$240,000 |
63 days |
| Silver City, NM |
169 |
$311,000 |
94 days |
| Hobbs, NM |
166 |
$328,725 |
48 days |
| Espanola, NM |
135 |
$425,000 |
107 days |
| Las Vegas, NM |
114 |
$385,000 |
86 days |
| Deming, NM |
93 |
$236,000 |
59 days |
| Gallup, NM |
82 |
$304,123 |
78 days |
Top Cities in New Mexico
#1
1,969 listings · $426,664 median
#2
939 listings · $958,170 median
#3
890 listings · $374,005 median
#4
706 listings · $422,050 median
#5
379 listings · $399,000 median
#6
316 listings · $364,938 median
#7
276 listings · $240,000 median
#8
262 listings · $360,415 median
#9
242 listings · $260,125 median
#10
235 listings · $285,375 median
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