Cities with the most expensive homes in New Mexico
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.
The typical home value in the United States was $361,371 in February, 0.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of March 19, the sits at 6.22%.
Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
compiled a list of cities with the most expensive homes in New Mexico using data from . Cities are ranked by the Zillow Home Values Index for all homes as of February 2026. The charts in this story were created automatically using .
Metros with the most cities in the top 30 in New Mexico
#1. Albuquerque, NM: 12
#2. Santa Fe, NM: 6
#3. Las Vegas, NM: 3
#3. Taos, NM: 3
#5. Espa-娄ola, NM: 1
#5. Los Alamos, NM: 1
#5. Las Cruces, NM: 1
#5. Ruidoso, NM: 1
#5. Roswell, NM: 1
#30. Albuquerque
- Typical home value: $338,329
- 1-year price change: +1.0%
- 5-year price change: +41.0%
- Metro area: Albuquerque, NM
#29. Glorieta
- Typical home value: $344,852
- 1-year price change: +3.5%
- 5-year price change: +32.8%
- Metro area: Santa Fe, NM
#28. Rociada
- Typical home value: $346,504
- 1-year price change: +6.9%
- 5-year price change: data not available
- Metro area: Las Vegas, NM
#27. Jemez Pueblo
- Typical home value: $346,527
- 1-year price change: +3.8%
- 5-year price change: +27.8%
- Metro area: Albuquerque, NM
#26. Mayhill
- Typical home value: $347,955
- 1-year price change: -1.3%
- 5-year price change: +42.9%
- Metro area: Roswell, NM
#25. Mesilla Park
- Typical home value: $349,925
- 1-year price change: -0.8%
- 5-year price change: +32.3%
- Metro area: Las Cruces, NM
#24. Sapello
- Typical home value: $351,681
- 1-year price change: +3.0%
- 5-year price change: data not available
- Metro area: Las Vegas, NM
#23. Rio Rancho
- Typical home value: $356,585
- 1-year price change: +0.3%
- 5-year price change: +41.8%
- Metro area: Albuquerque, NM
#22. Edgewood
- Typical home value: $371,900
- 1-year price change: +0.8%
- 5-year price change: +28.1%
- Metro area: Santa Fe, NM
#21. Cerrillos
- Typical home value: $373,356
- 1-year price change: -2.3%
- 5-year price change: +12.3%
- Metro area: Santa Fe, NM
#20. Algodones
- Typical home value: $374,275
- 1-year price change: -1.4%
- 5-year price change: +13.8%
- Metro area: Albuquerque, NM
#19. Pecos
- Typical home value: $378,165
- 1-year price change: +2.6%
- 5-year price change: data not available
- Metro area: Las Vegas, NM
#18. Stanley
- Typical home value: $394,763
- 1-year price change: +0.5%
- 5-year price change: +10.5%
- Metro area: Santa Fe, NM
#17. Abiquiu
- Typical home value: $396,367
- 1-year price change: -5.5%
- 5-year price change: +10.4%
- Metro area: Espa-娄ola, NM
#16. Peralta
- Typical home value: $396,947
- 1-year price change: +3.8%
- 5-year price change: +35.0%
- Metro area: Albuquerque, NM
#15. Ranchos de Taos
- Typical home value: $407,102
- 1-year price change: +0.0%
- 5-year price change: +16.9%
- Metro area: Taos, NM
#14. Bosque Farms
- Typical home value: $418,885
- 1-year price change: +8.9%
- 5-year price change: +49.5%
- Metro area: Albuquerque, NM
#13. Tijeras
- Typical home value: $426,970
- 1-year price change: +2.1%
- 5-year price change: +34.6%
- Metro area: Albuquerque, NM
#12. Taos
- Typical home value: $431,554
- 1-year price change: -1.9%
- 5-year price change: -0.4%
- Metro area: Taos, NM
#11. Cedar Crest
- Typical home value: $448,147
- 1-year price change: +3.6%
- 5-year price change: +36.1%
- Metro area: Albuquerque, NM
#10. El Prado
- Typical home value: $488,831
- 1-year price change: -2.3%
- 5-year price change: +11.6%
- Metro area: Taos, NM
#9. Angel Fire
- Typical home value: $490,651
- 1-year price change: -1.3%
- 5-year price change: +44.3%
- Metro area: not in a metro area
#8. Sandia Park
- Typical home value: $520,844
- 1-year price change: +1.5%
- 5-year price change: +29.9%
- Metro area: Albuquerque, NM
#7. Alto
- Typical home value: $562,800
- 1-year price change: +5.0%
- 5-year price change: +32.1%
- Metro area: Ruidoso, NM
#6. Santa Fe
- Typical home value: $570,822
- 1-year price change: -0.8%
- 5-year price change: +25.2%
- Metro area: Santa Fe, NM
#5. Los Alamos
- Typical home value: $573,146
- 1-year price change: -0.7%
- 5-year price change: +31.5%
- Metro area: Los Alamos, NM
#4. Placitas
- Typical home value: $635,970
- 1-year price change: -1.4%
- 5-year price change: +32.4%
- Metro area: Albuquerque, NM
#3. Corrales
- Typical home value: $682,749
- 1-year price change: +3.8%
- 5-year price change: +39.5%
- Metro area: Albuquerque, NM
#2. Los Ranchos de Albuquerque
- Typical home value: $685,558
- 1-year price change: +5.2%
- 5-year price change: +43.9%
- Metro area: Albuquerque, NM
#1. Lamy
- Typical home value: $812,179
- 1-year price change: -0.3%
- 5-year price change: +29.7%
- Metro area: Santa Fe, NM