Call or Text (240) SELL-123

New Mexico Real Estate Market

March 2026 · Source: Realtor.com
Buyer's Market
March 2026

Market Snapshot — New Mexico

Median Listing Price
$389,450
▼ 0.2% vs $390,410 last year
Active Listings
5,963
▲ 15.5% vs 5,163 last year
Median Days on Market
74
▲ 7.2% vs 69 days last year
New Listings
2,416
added this month
Pending Listings
2,895
under contract

24-Month Trends — New Mexico

Metro Areas in New Mexico

Metro AreaActive ListingsMedian PriceDays on Market
Albuquerque, NM 2,858 $409,950 61 days
Las Cruces, NM 1,556 $369,000 63 days
Santa Fe, NM 785 $798,500 69 days
Alamogordo, NM 365 $293,850 94 days
Clovis, NM 358 $224,950 73 days
Taos, NM 339 $588,500 126 days
Carlsbad-Artesia, NM 255 $297,500 56 days
Roswell, NM 227 $246,500 67 days
Farmington, NM 226 $403,721 55 days
Hobbs, NM 168 $318,950 54 days
Silver City, NM 156 $340,625 93 days
Espanola, NM 127 $429,000 89 days
Deming, NM 121 $218,750 109 days
Las Vegas, NM 87 $412,500 140 days
Gallup, NM 78 $269,700 106 days

Top Cities in New Mexico

← National Dashboard    Top counties in New Mexico →