New Mexico Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $191,250
    2% ( $4,300 ) vs Mar 2015
  • Median Sales Price
    $109,650
    6% ( $6,313 ) vs Mar 2015
  • Median Foreclosure Sales Price
    $117,687
    2% ( $2,250 ) vs Mar 2015
  • Foreclosures View
    Homes for Sale 8,761
    Recently Sold 5,308

Market Summary

There are currently (contact us for foreclosure counts) properties in NM that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 8,761.

In April, the number of properties that received a foreclosure filing in NM was 16% higher than the previous month and 72% higher than the same time last year.

Home sales for March 2016 were down 8% compared with the previous month, and up 540% compared with a year ago. The median sales price of a non-distressed home was $109,650. The median sales price of a foreclosure home was $117,687, or 7% higher than non-distressed home sales.

Sales Prices - New Mexico


  • Foreclosure Discount
    NOT AVAILABLE


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$117,687 (Median Foreclosure Sales Price) $115,438 (Median Foreclosure Sales Price) $107,950 (Median Foreclosure Sales Price) $84,343 (Median Foreclosure Sales Price) $86,000 (Median Foreclosure Sales Price) $101,000 (Median Foreclosure Sales Price) $109,650 (Median Sales Price) $103,338 (Median Sales Price) $87,173 (Median Sales Price) $92,929 (Median Sales Price) $116,450 (Median Sales Price) $143,882 (Median Sales Price) $117,687 (Median Foreclosure Sales Price) $115,438 (Median Foreclosure Sales Price) $107,950 (Median Foreclosure Sales Price) $84,343 (Median Foreclosure Sales Price) $86,000 (Median Foreclosure Sales Price) $101,000 (Median Foreclosure Sales Price) $109,650 (Median Sales Price) $103,338 (Median Sales Price) $87,173 (Median Sales Price) $92,929 (Median Sales Price) $116,450 (Median Sales Price) $143,882 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
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Top Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Las Cruces
314
1552.6
% (y-o-y)
Data not available
Data not available
Albuquerque
231
122.1
% (y-o-y)
$110,075
0.0
% (y-o-y)
Data not available
Rio Rancho
95
66.7
% (y-o-y)
$90,322
0.0
% (y-o-y)
Data not available
Santa Fe
70
150.0
% (y-o-y)
Data not available
Data not available
Los Lunas
51
410.0
% (y-o-y)
Data not available
Data not available
Alamogordo
45
164.7
% (y-o-y)
Data not available
Data not available
Belen
14
180.0
% (y-o-y)
Data not available
Data not available
Edgewood
9
80.0
% (y-o-y)
Data not available
Data not available
Cerrillos
4
300.0
% (y-o-y)
Data not available
Data not available
Chaparral
4
100.0
% (y-o-y)
Data not available
Data not available

Local Info For New Mexico

Population:
2,013,122
Schools: 1061   
Household Median Income: $43,820
Unemployment: 6.10%
Percentage of vacant homes: 14.84%

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