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 $372,057 in June, 1.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of July 16, the sits at 6.55%.
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 June 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卤ola, NM: 1
#5. Los Alamos, NM: 1
#5. Las Cruces, NM: 1
#5. Ruidoso, NM: 1
#5. Roswell, NM: 1
#30. Carnuel
- Typical home value: $351,527
- 1-year price change: +4.0%
- 5-year price change: +34.7%
- Metro area: Albuquerque, NM
#29. Glorieta
- Typical home value: $362,483
- 1-year price change: +6.6%
- 5-year price change: +29.3%
- Metro area: Santa Fe, NM
#28. Mayhill
- Typical home value: $364,522
- 1-year price change: -2.4%
- 5-year price change: +34.6%
- Metro area: Roswell, NM
#27. Mesilla Park
- Typical home value: $365,299
- 1-year price change: +0.9%
- 5-year price change: +28.6%
- Metro area: Las Cruces, NM
#26. Rio Rancho
- Typical home value: $365,636
- 1-year price change: +0.3%
- 5-year price change: +32.0%
- Metro area: Albuquerque, NM
#25. Rociada
- Typical home value: $368,439
- 1-year price change: +4.9%
- 5-year price change: data not available
- Metro area: Las Vegas, NM
#24. Jemez Pueblo
- Typical home value: $369,675
- 1-year price change: +4.7%
- 5-year price change: +25.8%
- Metro area: Albuquerque, NM
#23. Sapello
- Typical home value: $385,146
- 1-year price change: +11.6%
- 5-year price change: data not available
- Metro area: Las Vegas, NM
#22. Edgewood
- Typical home value: $390,517
- 1-year price change: +3.4%
- 5-year price change: +22.8%
- Metro area: Santa Fe, NM
#21. Cerrillos
- Typical home value: $391,426
- 1-year price change: +1.3%
- 5-year price change: +4.9%
- Metro area: Santa Fe, NM
#20. Algodones
- Typical home value: $400,534
- 1-year price change: +1.9%
- 5-year price change: +10.1%
- Metro area: Albuquerque, NM
#19. Pecos
- Typical home value: $401,790
- 1-year price change: +5.7%
- 5-year price change: data not available
- Metro area: Las Vegas, NM
#18. Peralta
- Typical home value: $414,517
- 1-year price change: +4.2%
- 5-year price change: +27.8%
- Metro area: Albuquerque, NM
#17. Abiquiu
- Typical home value: $418,656
- 1-year price change: -3.6%
- 5-year price change: +4.8%
- Metro area: Espa卤ola, NM
#16. Ranchos de Taos
- Typical home value: $423,568
- 1-year price change: +0.8%
- 5-year price change: +10.1%
- Metro area: Taos, NM
#15. Stanley
- Typical home value: $429,034
- 1-year price change: +7.4%
- 5-year price change: +7.2%
- Metro area: Santa Fe, NM
#14. Bosque Farms
- Typical home value: $429,156
- 1-year price change: +7.1%
- 5-year price change: +39.4%
- Metro area: Albuquerque, NM
#13. Taos
- Typical home value: $447,021
- 1-year price change: -0.8%
- 5-year price change: -4.7%
- Metro area: Taos, NM
#12. Tijeras
- Typical home value: $451,838
- 1-year price change: +3.0%
- 5-year price change: +27.1%
- Metro area: Albuquerque, NM
#11. Cedar Crest
- Typical home value: $471,780
- 1-year price change: +3.3%
- 5-year price change: +28.9%
- Metro area: Albuquerque, NM
#10. El Prado
- Typical home value: $501,746
- 1-year price change: -1.6%
- 5-year price change: +7.6%
- Metro area: Taos, NM
#9. Angel Fire
- Typical home value: $514,350
- 1-year price change: -3.0%
- 5-year price change: +32.5%
- Metro area: not in a metro area
#8. Sandia Park
- Typical home value: $544,291
- 1-year price change: +1.1%
- 5-year price change: +22.5%
- Metro area: Albuquerque, NM
#7. Santa Fe
- Typical home value: $589,611
- 1-year price change: +0.3%
- 5-year price change: +18.1%
- Metro area: Santa Fe, NM
#6. Alto
- Typical home value: $590,415
- 1-year price change: +4.3%
- 5-year price change: +24.7%
- Metro area: Ruidoso, NM
#5. Los Alamos
- Typical home value: $593,334
- 1-year price change: -1.1%
- 5-year price change: +26.5%
- Metro area: Los Alamos, NM
#4. Placitas
- Typical home value: $653,739
- 1-year price change: -2.5%
- 5-year price change: +21.0%
- Metro area: Albuquerque, NM
#3. Corrales
- Typical home value: $713,957
- 1-year price change: +2.5%
- 5-year price change: +30.3%
- Metro area: Albuquerque, NM
#2. Los Ranchos de Albuquerque
- Typical home value: $718,625
- 1-year price change: +3.9%
- 5-year price change: +34.0%
- Metro area: Albuquerque, NM
#1. Lamy
- Typical home value: $841,458
- 1-year price change: +0.8%
- 5-year price change: +20.2%
- Metro area: Santa Fe, NM