New Mexico Housing Market
Buyer-Friendly (Score: 60/100)Median Sale Price
$379,100
+6.8% YoY
Active Inventory
4,007
Days on Market
77 days
Price Drops
20.2%
Demographics & Economics
Source: U.S. Census ACSPopulation
2,114,768
Median Household Income
$62,125
Census Median Home Value
$232,200
Homeownership Rate
69.3%
Vacancy Rate
13.1%
Price-to-Income Ratio
6.1x
Affordability: The median home in New Mexico costs 6.1x the median household income.
This is above the historically affordable threshold of 3-4x income, suggesting stretched affordability.
Cost of Living & Safety
Sources: HUD, BEA, FBI UCRCost of Living Index
92.212
7.8% below national avg
Cost context: New Mexico has a Regional Price Parity of 92.212 (national average = 100).
Living costs are meaningfully below the national average, making take-home pay stretch further here.
Environment & Risk
Sources: EPA, FEMA NRI, FEMA NFIPOverall Risk Rating
Relatively Low
EAL Score
30.4
expected annual loss index
Expected Annual Loss
$972,283,002
from natural hazards
earthquake
hurricane
tornado
flooding
wildfire
heat Wave
cold Wave
drought
hail
winter Weather
strong Wind
lightning
Water Violations
501
total SDWIS violations
Flood Insurance Policies
245,872
active NFIP policies
Flood Claims Filed
1,925
historical NFIP claims
Water quality note: EPA SDWIS tracks regulatory violations for public water systems. For the most current and detailed tap water quality in your area with stricter health-based guidelines, visit the EWG Tap Water Database.
Price Trend
Inventory Trend
60
Buyer-Friendly
0 50 100
New Mexico Market Score: 60/100
This score reflects how buyer- or seller-friendly the New Mexico market is right now, based on days on market, price cuts, sale-to-list ratio, inventory levels, and year-over-year price movement.
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