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 $366,712 in April, 0.7% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of May 14, the sits at 6.36%.
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 April 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. Jemez Springs
- Typical home value: $347,809
- 1-year price change: +3.2%
- 5-year price change: +29.3%
- Metro area: Albuquerque, NM
#29. Mayhill
- Typical home value: $352,685
- 1-year price change: -2.6%
- 5-year price change: +38.6%
- Metro area: Roswell, NM
#28. Mesilla Park
- Typical home value: $358,035
- 1-year price change: -0.2%
- 5-year price change: +30.2%
- Metro area: Las Cruces, NM
#27. Jemez Pueblo
- Typical home value: $362,137
- 1-year price change: +5.0%
- 5-year price change: +28.4%
- Metro area: Albuquerque, NM
#26. Glorieta
- Typical home value: $362,201
- 1-year price change: +5.9%
- 5-year price change: +33.0%
- Metro area: Santa Fe, NM
#25. Rio Rancho
- Typical home value: $362,476
- 1-year price change: +0.4%
- 5-year price change: +36.8%
- Metro area: Albuquerque, NM
#24. Rociada
- Typical home value: $363,172
- 1-year price change: +6.4%
- 5-year price change: data not available
- Metro area: Las Vegas, NM
#23. Sapello
- Typical home value: $371,934
- 1-year price change: +6.5%
- 5-year price change: data not available
- Metro area: Las Vegas, NM
#22. Edgewood
- Typical home value: $382,303
- 1-year price change: +2.2%
- 5-year price change: +25.6%
- Metro area: Santa Fe, NM
#21. Cerrillos
- Typical home value: $383,273
- 1-year price change: -0.2%
- 5-year price change: +8.4%
- Metro area: Santa Fe, NM
#20. Algodones
- Typical home value: $391,145
- 1-year price change: +0.5%
- 5-year price change: +11.6%
- Metro area: Albuquerque, NM
#19. Pecos
- Typical home value: $392,129
- 1-year price change: +4.4%
- 5-year price change: data not available
- Metro area: Las Vegas, NM
#18. Peralta
- Typical home value: $403,713
- 1-year price change: +4.2%
- 5-year price change: +31.5%
- Metro area: Albuquerque, NM
#17. Abiquiu
- Typical home value: $405,116
- 1-year price change: -5.3%
- 5-year price change: +9.1%
- Metro area: Espa-娄ola, NM
#16. Stanley
- Typical home value: $407,357
- 1-year price change: +3.7%
- 5-year price change: +9.3%
- Metro area: Santa Fe, NM
#15. Bosque Farms
- Typical home value: $422,647
- 1-year price change: +8.3%
- 5-year price change: +45.1%
- Metro area: Albuquerque, NM
#14. Ranchos de Taos
- Typical home value: $424,483
- 1-year price change: +1.0%
- 5-year price change: +14.5%
- Metro area: Taos, NM
#13. Tijeras
- Typical home value: $442,066
- 1-year price change: +2.3%
- 5-year price change: +30.4%
- Metro area: Albuquerque, NM
#12. Taos
- Typical home value: $445,278
- 1-year price change: -0.9%
- 5-year price change: -1.7%
- Metro area: Taos, NM
#11. Cedar Crest
- Typical home value: $459,632
- 1-year price change: +3.4%
- 5-year price change: +32.1%
- Metro area: Albuquerque, NM
#10. Angel Fire
- Typical home value: $498,634
- 1-year price change: -2.5%
- 5-year price change: +39.3%
- Metro area: not in a metro area
#9. El Prado
- Typical home value: $501,468
- 1-year price change: -1.1%
- 5-year price change: +11.3%
- Metro area: Taos, NM
#8. Sandia Park
- Typical home value: $534,456
- 1-year price change: +1.1%
- 5-year price change: +25.5%
- Metro area: Albuquerque, NM
#7. Santa Fe
- Typical home value: $580,746
- 1-year price change: -0.3%
- 5-year price change: +21.0%
- Metro area: Santa Fe, NM
#6. Alto
- Typical home value: $581,410
- 1-year price change: +5.9%
- 5-year price change: +29.3%
- Metro area: Ruidoso, NM
#5. Los Alamos
- Typical home value: $584,242
- 1-year price change: -0.6%
- 5-year price change: +29.1%
- Metro area: Los Alamos, NM
#4. Placitas
- Typical home value: $646,638
- 1-year price change: -1.8%
- 5-year price change: +26.5%
- Metro area: Albuquerque, NM
#3. Corrales
- Typical home value: $703,312
- 1-year price change: +3.7%
- 5-year price change: +34.4%
- Metro area: Albuquerque, NM
#2. Los Ranchos de Albuquerque
- Typical home value: $705,804
- 1-year price change: +4.4%
- 5-year price change: +39.2%
- Metro area: Albuquerque, NM
#1. Lamy
- Typical home value: $826,863
- 1-year price change: +0.3%
- 5-year price change: +24.0%
- Metro area: Santa Fe, NM