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New Mexico Real Estate Market

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

Market Snapshot — New Mexico

Median Listing Price
$387,250
▼ 0.3% vs $388,278 last year
Active Listings
5,835
▲ 17.6% vs 4,963 last year
Median Days on Market
95
▲ 6.7% vs 89 days last year
New Listings
1,800
added this month
Pending Listings
2,258
under contract

24-Month Trends — New Mexico

Hottest Counties in New Mexico

Nat'l RankCountyHotness ScoreDemandSupplyMedian PriceDays on Market
293 Lea County, NM
74.0
61.9 86 $309,900 63 days
710 Bernalillo County, NM
52.3
57.2 47.4 $398,500 81 days
754 Chaves County, NM
50.3
37.4 63.3 $248,500 74 days
797 San Juan County, NM
49.0
53.7 44.3 $389,000 82 days
1,033 Sandoval County, NM
39.5
42 37 $450,000 86 days
1,054 Eddy County, NM
38.6
29.8 47.4 $305,000 81 days
1,127 Santa Fe County, NM
35.4
59.7 11.2 $820,000 104 days
1,401 Curry County, NM
22.1
5.1 39 $219,900 85 days
1,410 Do�a Ana County, NM
21.8
11.7 31.9 $359,000 88 days
1,454 Mckinley County, NM
19.3
19.4 19.2 $235,250 97 days
1,472 Grant County, NM
17.5
34 1.1 $329,000 128 days
1,474 Valencia County, NM
17.3
9 25.5 $349,000 92 days
1,495 Taos County, NM
15.7
29.7 1.7 $639,000 124 days
1,500 San Miguel County, NM
15.6
30.7 0.5 $420,000 138 days
1,523 Rio Arriba County, NM
13.5
26.7 0.3 $399,900 140 days

Metro Areas in New Mexico

Metro AreaActive ListingsMedian PriceDays on Market
Albuquerque, NM 2,577 $403,140 85 days
Las Cruces, NM 1,345 $359,000 88 days
Santa Fe, NM 762 $820,000 104 days
Alamogordo, NM 363 $315,000 112 days
Clovis, NM 359 $215,000 87 days
Taos, NM 317 $639,000 124 days
Farmington, NM 223 $389,000 82 days
Carlsbad-Artesia, NM 212 $305,000 81 days
Roswell, NM 211 $248,500 74 days
Hobbs, NM 146 $309,900 63 days
Silver City, NM 144 $329,000 128 days
Espanola, NM 118 $399,900 141 days
Las Vegas, NM 86 $420,000 132 days
Gallup, NM 69 $239,999 101 days

Top Cities in New Mexico

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