Cities with the fastest-growing home prices in New Mexico

Written by:
April 28, 2026
scarp577 // Shutterstock

Cities with the fastest-growing home prices in New Mexico

The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.

The typical home value in the United States was $365,545 in March, 0.8% higher than the year before.

Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.

compiled a list of cities with the fastest-growing home prices in New Mexico using data from . Cities are ranked by the dollar change in the Zillow Home Values Index for all homes from the 12 months ending March 2026. The charts in this story were created automatically using . Data was available for 50 cities and towns in New Mexico.

You may also like: Counties with the oldest homes in New Mexico
1 / 50
爆料TV

#50. Mountainair

- Typical home value: $173,788
- 1-year price change: +$5,467 (+3.2%)
- 5-year price change: data not available
- Metro area: Albuquerque, NM

2 / 50
爆料TV

#49. Hobbs

- Typical home value: $207,135
- 1-year price change: +$5,527 (+2.7%)
- 5-year price change: -35,015.96899979928 (-14.5%)
- Metro area: Hobbs, NM

3 / 50
爆料TV

#48. Edgewood

- Typical home value: $382,908
- 1-year price change: +$5,627 (+1.5%)
- 5-year price change: +$81,464 (+27.0%)
- Metro area: Santa Fe, NM

4 / 50
爆料TV

#47. Bernalillo

- Typical home value: $347,987
- 1-year price change: +$5,751 (+1.7%)
- 5-year price change: +$86,707 (+33.2%)
- Metro area: Albuquerque, NM

5 / 50
爆料TV

#46. Sacramento

- Typical home value: $251,443
- 1-year price change: +$5,835 (+2.4%)
- 5-year price change: +$74,677 (+42.2%)
- Metro area: Alamogordo, NM

You may also like: Baldest states: See how New Mexico ranks for hair-loss medication prescriptions
6 / 50
爆料TV

#45. Deming

- Typical home value: $163,668
- 1-year price change: +$5,838 (+3.7%)
- 5-year price change: +$22,611 (+16.0%)
- Metro area: Deming, NM

7 / 50
爆料TV

#44. Raton

- Typical home value: $152,896
- 1-year price change: +$6,578 (+4.5%)
- 5-year price change: +$34,866 (+29.5%)
- Metro area: not in a metro area

8 / 50
爆料TV

#43. Sandia Park

- Typical home value: $533,462
- 1-year price change: +$7,037 (+1.3%)
- 5-year price change: +$115,603 (+27.7%)
- Metro area: Albuquerque, NM

9 / 50
爆料TV

#42. Ruidoso Downs

- Typical home value: $229,511
- 1-year price change: +$7,227 (+3.3%)
- 5-year price change: -3,620.922095895832 (-1.6%)
- Metro area: Ruidoso, NM

10 / 50
爆料TV

#41. Nogal

- Typical home value: $392,012
- 1-year price change: +$7,471 (+1.9%)
- 5-year price change: data not available
- Metro area: Ruidoso, NM

You may also like: Counties with the most born-and-bred residents in New Mexico
11 / 50
爆料TV

#40. Elephant Butte

- Typical home value: $233,337
- 1-year price change: +$7,921 (+3.5%)
- 5-year price change: +$63,301 (+37.2%)
- Metro area: not in a metro area

12 / 50
爆料TV

#39. Aztec

- Typical home value: $274,928
- 1-year price change: +$8,330 (+3.1%)
- 5-year price change: +$53,229 (+24.0%)
- Metro area: Farmington, NM

13 / 50
爆料TV

#38. Waterflow

- Typical home value: $247,861
- 1-year price change: +$8,421 (+3.5%)
- 5-year price change: +$34,024 (+15.9%)
- Metro area: Farmington, NM

14 / 50
爆料TV

#37. Jemez Springs

- Typical home value: $345,203
- 1-year price change: +$9,077 (+2.7%)
- 5-year price change: +$78,999 (+29.7%)
- Metro area: Albuquerque, NM

15 / 50
爆料TV

#36. Stanley

- Typical home value: $421,157
- 1-year price change: +$9,092 (+2.2%)
- 5-year price change: +$38,976 (+10.2%)
- Metro area: Santa Fe, NM

You may also like: Highest-rated Class of 2026 football recruits from New Mexico
16 / 50
爆料TV

#35. Tijeras

- Typical home value: $440,973
- 1-year price change: +$9,420 (+2.2%)
- 5-year price change: +$108,444 (+32.6%)
- Metro area: Albuquerque, NM

17 / 50
爆料TV

#34. Estancia

- Typical home value: $211,927
- 1-year price change: +$9,626 (+4.8%)
- 5-year price change: data not available
- Metro area: Albuquerque, NM

18 / 50
爆料TV

#33. Socorro

- Typical home value: $190,942
- 1-year price change: +$9,811 (+5.4%)
- 5-year price change: +$24,046 (+14.4%)
- Metro area: not in a metro area

19 / 50
爆料TV

#32. Farmington

- Typical home value: $276,499
- 1-year price change: +$10,230 (+3.8%)
- 5-year price change: +$83,867 (+43.5%)
- Metro area: Farmington, NM

20 / 50
爆料TV

#31. Carnuel

- Typical home value: $338,145
- 1-year price change: +$10,940 (+3.3%)
- 5-year price change: +$96,234 (+39.8%)
- Metro area: Albuquerque, NM

You may also like: Coldest Septembers in New Mexico since 1895
21 / 50
爆料TV

#30. Moriarty

- Typical home value: $232,493
- 1-year price change: +$11,220 (+5.1%)
- 5-year price change: +$29,423 (+14.5%)
- Metro area: Albuquerque, NM

22 / 50
爆料TV

#29. Fruitland

- Typical home value: $274,420
- 1-year price change: +$11,320 (+4.3%)
- 5-year price change: +$70,047 (+34.3%)
- Metro area: Farmington, NM

23 / 50
爆料TV

#28. Chimayo

- Typical home value: $339,441
- 1-year price change: +$11,876 (+3.6%)
- 5-year price change: +$49,866 (+17.2%)
- Metro area: Espa-娄ola, NM

24 / 50
爆料TV

#27. Hillsboro

- Typical home value: $241,441
- 1-year price change: +$12,377 (+5.4%)
- 5-year price change: +$31,960 (+15.3%)
- Metro area: not in a metro area

25 / 50
爆料TV

#26. Pecos

- Typical home value: $392,458
- 1-year price change: +$12,878 (+3.4%)
- 5-year price change: data not available
- Metro area: Las Vegas, NM

You may also like: Coldest Februarys in New Mexico since 1895
26 / 50
爆料TV

#25. Espanola

- Typical home value: $335,152
- 1-year price change: +$13,350 (+4.1%)
- 5-year price change: +$96,720 (+40.6%)
- Metro area: Espa-娄ola, NM

27 / 50
爆料TV

#24. Cuba

- Typical home value: $230,921
- 1-year price change: +$13,450 (+6.2%)
- 5-year price change: +$28,469 (+14.1%)
- Metro area: Gallup, NM

28 / 50
爆料TV

#23. Bloomfield

- Typical home value: $252,908
- 1-year price change: +$13,453 (+5.6%)
- 5-year price change: +$48,801 (+23.9%)
- Metro area: Farmington, NM

29 / 50
爆料TV

#22. Flora Vista

- Typical home value: $303,288
- 1-year price change: +$13,647 (+4.7%)
- 5-year price change: +$72,910 (+31.6%)
- Metro area: Farmington, NM

30 / 50
爆料TV

#21. Peralta

- Typical home value: $404,893
- 1-year price change: +$14,978 (+3.8%)
- 5-year price change: +$100,690 (+33.1%)
- Metro area: Albuquerque, NM

You may also like: Easy as pie: See the most uniquely popular pie in New Mexico
31 / 50
爆料TV

#20. Cedar Crest

- Typical home value: $458,447
- 1-year price change: +$15,544 (+3.5%)
- 5-year price change: +$116,594 (+34.1%)
- Metro area: Albuquerque, NM

32 / 50
爆料TV

#19. Jemez Pueblo

- Typical home value: $363,670
- 1-year price change: +$15,766 (+4.5%)
- 5-year price change: +$80,275 (+28.3%)
- Metro area: Albuquerque, NM

33 / 50
爆料TV

#18. Sapello

- Typical home value: $365,705
- 1-year price change: +$15,889 (+4.5%)
- 5-year price change: data not available
- Metro area: Las Vegas, NM

34 / 50
爆料TV

#17. Quemado

- Typical home value: $250,192
- 1-year price change: +$16,489 (+7.1%)
- 5-year price change: data not available
- Metro area: not in a metro area

35 / 50
爆料TV

#16. Glorieta

- Typical home value: $364,107
- 1-year price change: +$16,809 (+4.8%)
- 5-year price change: +$91,227 (+33.4%)
- Metro area: Santa Fe, NM

You may also like: Best colleges in New Mexico
36 / 50
爆料TV

#15. Datil

- Typical home value: $217,957
- 1-year price change: +$17,077 (+8.5%)
- 5-year price change: data not available
- Metro area: not in a metro area

37 / 50
爆料TV

#14. Pena Blanca

- Typical home value: $282,203
- 1-year price change: +$17,695 (+6.7%)
- 5-year price change: +$30,184 (+12.0%)
- Metro area: Albuquerque, NM

38 / 50
爆料TV

#13. La Plata

- Typical home value: $314,746
- 1-year price change: +$18,024 (+6.1%)
- 5-year price change: +$79,306 (+33.7%)
- Metro area: Farmington, NM

39 / 50
爆料TV

#12. San Jose

- Typical home value: $303,380
- 1-year price change: +$18,810 (+6.6%)
- 5-year price change: data not available
- Metro area: Las Vegas, NM

40 / 50
爆料TV

#11. Las Vegas

- Typical home value: $241,426
- 1-year price change: +$21,206 (+9.6%)
- 5-year price change: +$51,234 (+26.9%)
- Metro area: Las Vegas, NM

You may also like: Highest-rated stouts in New Mexico
41 / 50
爆料TV

#10. Taos Ski Valley

- Typical home value: $565,703
- 1-year price change: +$22,337 (+4.1%)
- 5-year price change: data not available
- Metro area: Taos, NM

42 / 50
爆料TV

#9. Reserve

- Typical home value: $211,879
- 1-year price change: +$22,412 (+11.8%)
- 5-year price change: data not available
- Metro area: not in a metro area

43 / 50
爆料TV

#8. Rociada

- Typical home value: $354,983
- 1-year price change: +$22,851 (+6.9%)
- 5-year price change: data not available
- Metro area: Las Vegas, NM

44 / 50
爆料TV

#7. Pie Town

- Typical home value: $250,710
- 1-year price change: +$23,091 (+10.1%)
- 5-year price change: data not available
- Metro area: not in a metro area

45 / 50
爆料TV

#6. Corrales

- Typical home value: $703,889
- 1-year price change: +$26,232 (+3.9%)
- 5-year price change: +$189,892 (+36.9%)
- Metro area: Albuquerque, NM

You may also like: Highest-earning counties in New Mexico
46 / 50
爆料TV

#5. Capitan

- Typical home value: $261,728
- 1-year price change: +$31,017 (+13.4%)
- 5-year price change: data not available
- Metro area: Ruidoso, NM

47 / 50
爆料TV

#4. Los Ranchos de Albuquerque

- Typical home value: $705,207
- 1-year price change: +$32,548 (+4.8%)
- 5-year price change: +$207,716 (+41.8%)
- Metro area: Albuquerque, NM

48 / 50
爆料TV

#3. Alto

- Typical home value: $573,116
- 1-year price change: +$32,853 (+6.1%)
- 5-year price change: +$136,433 (+31.2%)
- Metro area: Ruidoso, NM

49 / 50
爆料TV

#2. Arroyo Seco

- Typical home value: $628,574
- 1-year price change: +$34,148 (+5.7%)
- 5-year price change: data not available
- Metro area: Taos, NM

50 / 50
爆料TV

#1. Bosque Farms

- Typical home value: $429,396
- 1-year price change: +$34,550 (+8.8%)
- 5-year price change: +$138,211 (+47.5%)
- Metro area: Albuquerque, NM

You may also like: Most expensive homes for sale in New Mexico

Trending Now