Cities with the fastest-growing home prices in New Mexico

Written by:
April 21, 2025
ungvar // Shutterstock

Cities with the fastest-growing home prices in New Mexico

The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.

The typical home value in the United States was $359,741 in March, 1.2% higher than the year before.

Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.

Stacker compiled a list of cities with the fastest-growing home prices in New Mexico using data from Zillow. Cities are ranked by the dollar change in the Zillow Home Values Index for all homes from the 12 months ending March 2025. The charts in this story were created automatically using Matplotlib. Data was available for 50 cities and towns in New Mexico.

You may also like: Counties with the highest rates of high blood pressure in New Mexico
1 / 50
Stacker

#50. Bernalillo

- Typical home value: $336,298
- 1-year price change: +$11,216 (+3.5%)
- 5-year price change: +$108,479 (+47.6%)
- Metro area: Albuquerque, NM

2 / 50
Stacker

#49. Mesquite

- Typical home value: $212,553
- 1-year price change: +$11,301 (+5.6%)
- 5-year price change: +$87,416 (+69.9%)
- Metro area: Las Cruces, NM

3 / 50
Stacker

#48. La Plata

- Typical home value: $295,684
- 1-year price change: +$11,334 (+4.0%)
- 5-year price change: data not available
- Metro area: Farmington, NM

4 / 50
Stacker

#47. Edgewood

- Typical home value: $363,098
- 1-year price change: +$11,430 (+3.3%)
- 5-year price change: +$114,338 (+46.0%)
- Metro area: Santa Fe, NM

5 / 50
Stacker

#46. Bloomfield

- Typical home value: $226,426
- 1-year price change: +$11,669 (+5.4%)
- 5-year price change: +$37,455 (+19.8%)
- Metro area: Farmington, NM

You may also like: How enrollment of students with disabilities compares in New Mexico
6 / 50
Stacker

#45. Garfield

- Typical home value: $175,145
- 1-year price change: +$11,677 (+7.1%)
- 5-year price change: +$66,621 (+61.4%)
- Metro area: Las Cruces, NM

7 / 50
Stacker

#44. Algodones

- Typical home value: $385,657
- 1-year price change: +$11,690 (+3.1%)
- 5-year price change: +$84,026 (+27.9%)
- Metro area: Albuquerque, NM

8 / 50
Stacker

#43. Mesilla Park

- Typical home value: $359,698
- 1-year price change: +$12,101 (+3.5%)
- 5-year price change: +$117,177 (+48.3%)
- Metro area: Las Cruces, NM

9 / 50
Stacker

#42. Artesia

- Typical home value: $220,165
- 1-year price change: +$12,105 (+5.8%)
- 5-year price change: +$29,594 (+15.5%)
- Metro area: Carlsbad-Artesia, NM

10 / 50
Stacker

#41. Cochiti Lake

- Typical home value: $281,686
- 1-year price change: +$12,151 (+4.5%)
- 5-year price change: +$112,193 (+66.2%)
- Metro area: Albuquerque, NM

You may also like: Counties in New Mexico where landslides pose the greatest threat
11 / 50
Stacker

#40. Las Vegas

- Typical home value: $213,317
- 1-year price change: +$12,292 (+6.1%)
- 5-year price change: +$50,041 (+30.6%)
- Metro area: Las Vegas, NM

12 / 50
Stacker

#39. Rociada

- Typical home value: $338,820
- 1-year price change: +$12,388 (+3.8%)
- 5-year price change: data not available
- Metro area: Las Vegas, NM

13 / 50
Stacker

#38. Waterflow

- Typical home value: $224,116
- 1-year price change: +$12,633 (+6.0%)
- 5-year price change: data not available
- Metro area: Farmington, NM

14 / 50
Stacker

#37. La Jara

- Typical home value: $228,793
- 1-year price change: +$13,082 (+6.1%)
- 5-year price change: data not available
- Metro area: Albuquerque, NM

15 / 50
Stacker

#36. Flora Vista

- Typical home value: $276,104
- 1-year price change: +$13,354 (+5.1%)
- 5-year price change: +$66,820 (+31.9%)
- Metro area: Farmington, NM

You may also like: These are the most prevalent disabilities in New Mexico
16 / 50
Stacker

#35. Carlsbad

- Typical home value: $230,307
- 1-year price change: +$13,521 (+6.2%)
- 5-year price change: +$15,049 (+7.0%)
- Metro area: Carlsbad-Artesia, NM

17 / 50
Stacker

#34. Glorieta

- Typical home value: $334,589
- 1-year price change: +$13,548 (+4.2%)
- 5-year price change: +$101,005 (+43.2%)
- Metro area: Santa Fe, NM

18 / 50
Stacker

#33. Chama

- Typical home value: $322,343
- 1-year price change: +$13,721 (+4.4%)
- 5-year price change: +$98,126 (+43.8%)
- Metro area: Espa-¦ola, NM

19 / 50
Stacker

#32. Carnuel

- Typical home value: $312,876
- 1-year price change: +$13,818 (+4.6%)
- 5-year price change: +$112,496 (+56.1%)
- Metro area: Albuquerque, NM

20 / 50
Stacker

#31. Tijeras

- Typical home value: $418,977
- 1-year price change: +$13,877 (+3.4%)
- 5-year price change: +$142,414 (+51.5%)
- Metro area: Albuquerque, NM

You may also like: Cities with the most expensive homes in New Mexico
21 / 50
Stacker

#30. Fruitland

- Typical home value: $256,328
- 1-year price change: +$13,999 (+5.8%)
- 5-year price change: data not available
- Metro area: Farmington, NM

22 / 50
Stacker

#29. Timberon

- Typical home value: $199,878
- 1-year price change: +$14,096 (+7.6%)
- 5-year price change: +$79,584 (+66.2%)
- Metro area: Alamogordo, NM

23 / 50
Stacker

#28. Datil

- Typical home value: $207,141
- 1-year price change: +$14,141 (+7.3%)
- 5-year price change: data not available
- Metro area: not in a metro area

24 / 50
Stacker

#27. Lamy

- Typical home value: $834,442
- 1-year price change: +$14,225 (+1.7%)
- 5-year price change: +$268,867 (+47.5%)
- Metro area: Santa Fe, NM

25 / 50
Stacker

#26. Jemez Springs

- Typical home value: $329,674
- 1-year price change: +$14,552 (+4.6%)
- 5-year price change: +$99,232 (+43.1%)
- Metro area: Albuquerque, NM

You may also like: What is a family or resident nursing home council and how common are they in New Mexico?
26 / 50
Stacker

#25. Elephant Butte

- Typical home value: $222,367
- 1-year price change: +$14,615 (+7.0%)
- 5-year price change: +$77,963 (+54.0%)
- Metro area: not in a metro area

27 / 50
Stacker

#24. Farmington

- Typical home value: $259,123
- 1-year price change: +$14,643 (+6.0%)
- 5-year price change: +$78,351 (+43.3%)
- Metro area: Farmington, NM

28 / 50
Stacker

#23. Angel Fire

- Typical home value: $505,218
- 1-year price change: +$14,849 (+3.0%)
- 5-year price change: +$206,486 (+69.1%)
- Metro area: not in a metro area

29 / 50
Stacker

#22. Cuba

- Typical home value: $213,935
- 1-year price change: +$15,119 (+7.6%)
- 5-year price change: +$52,450 (+32.5%)
- Metro area: Gallup, NM

30 / 50
Stacker

#21. Logan

- Typical home value: $177,242
- 1-year price change: +$15,388 (+9.5%)
- 5-year price change: +$48,420 (+37.6%)
- Metro area: not in a metro area

You may also like: Car insurance rates in New Mexico
31 / 50
Stacker

#20. Sandia Park

- Typical home value: $502,348
- 1-year price change: +$15,419 (+3.2%)
- 5-year price change: +$161,990 (+47.6%)
- Metro area: Albuquerque, NM

32 / 50
Stacker

#19. Arroyo Seco

- Typical home value: $679,990
- 1-year price change: +$15,857 (+2.4%)
- 5-year price change: data not available
- Metro area: Taos, NM

33 / 50
Stacker

#18. Chaparral

- Typical home value: $209,065
- 1-year price change: +$16,117 (+8.4%)
- 5-year price change: +$78,734 (+60.4%)
- Metro area: Las Cruces, NM

34 / 50
Stacker

#17. Abiquiu

- Typical home value: $400,705
- 1-year price change: +$16,132 (+4.2%)
- 5-year price change: +$119,679 (+42.6%)
- Metro area: Espa-¦ola, NM

35 / 50
Stacker

#16. Bosque Farms

- Typical home value: $408,065
- 1-year price change: +$16,587 (+4.2%)
- 5-year price change: +$155,948 (+61.9%)
- Metro area: Albuquerque, NM

You may also like: Counties with the most born-and-bred residents in New Mexico
36 / 50
Stacker

#15. San Jose

- Typical home value: $269,089
- 1-year price change: +$16,600 (+6.6%)
- 5-year price change: data not available
- Metro area: Las Vegas, NM

37 / 50
Stacker

#14. Cloudcroft

- Typical home value: $312,588
- 1-year price change: +$17,194 (+5.8%)
- 5-year price change: +$125,410 (+67.0%)
- Metro area: Alamogordo, NM

38 / 50
Stacker

#13. Tularosa

- Typical home value: $188,534
- 1-year price change: +$18,009 (+10.6%)
- 5-year price change: +$75,215 (+66.4%)
- Metro area: Alamogordo, NM

39 / 50
Stacker

#12. Sapello

- Typical home value: $332,026
- 1-year price change: +$18,671 (+6.0%)
- 5-year price change: data not available
- Metro area: Las Vegas, NM

40 / 50
Stacker

#11. Raton

- Typical home value: $144,114
- 1-year price change: +$18,741 (+14.9%)
- 5-year price change: +$43,772 (+43.6%)
- Metro area: not in a metro area

You may also like: How access to opioid treatments has changed in New Mexico
41 / 50
Stacker

#10. Rio Communities

- Typical home value: $261,530
- 1-year price change: +$18,903 (+7.8%)
- 5-year price change: +$119,393 (+84.0%)
- Metro area: Albuquerque, NM

42 / 50
Stacker

#9. Pecos

- Typical home value: $355,288
- 1-year price change: +$19,266 (+5.7%)
- 5-year price change: data not available
- Metro area: Las Vegas, NM

43 / 50
Stacker

#8. Sacramento

- Typical home value: $248,195
- 1-year price change: +$19,597 (+8.6%)
- 5-year price change: +$95,746 (+62.8%)
- Metro area: Alamogordo, NM

44 / 50
Stacker

#7. La Luz

- Typical home value: $272,555
- 1-year price change: +$19,747 (+7.8%)
- 5-year price change: +$101,113 (+59.0%)
- Metro area: Alamogordo, NM

45 / 50
Stacker

#6. Alamogordo

- Typical home value: $226,650
- 1-year price change: +$20,861 (+10.1%)
- 5-year price change: +$88,211 (+63.7%)
- Metro area: Alamogordo, NM

You may also like: Counties with the shortest life expectancy in New Mexico
46 / 50
Stacker

#5. Mayhill

- Typical home value: $368,048
- 1-year price change: +$26,703 (+7.8%)
- 5-year price change: +$148,784 (+67.9%)
- Metro area: Roswell, NM

47 / 50
Stacker

#4. Los Ranchos de Albuquerque

- Typical home value: $668,729
- 1-year price change: +$27,427 (+4.3%)
- 5-year price change: +$229,199 (+52.1%)
- Metro area: Albuquerque, NM

48 / 50
Stacker

#3. Peralta

- Typical home value: $403,590
- 1-year price change: +$30,569 (+8.2%)
- 5-year price change: +$129,312 (+47.1%)
- Metro area: Albuquerque, NM

49 / 50
Stacker

#2. Espanola

- Typical home value: $328,005
- 1-year price change: +$31,086 (+10.5%)
- 5-year price change: +$124,615 (+61.3%)
- Metro area: Espa-¦ola, NM

50 / 50
Stacker

#1. Los Alamos

- Typical home value: $593,538
- 1-year price change: +$35,384 (+6.3%)
- 5-year price change: +$201,378 (+51.4%)
- Metro area: Los Alamos, NM

You may also like: Most common settings for foodborne outbreaks in New Mexico

Trending Now