
Most expensive homes for sale in New Mexico
Buying a home is an investment—and an increasingly expensive one. The median value of a home in the United States reached $295,300 in June 2020, according to the National Association of REALTORS.
To learn more about home values in New Mexico, Stacker analyzed data from realtor.com to compile a list of the most expensive homes for sale in the state.
Home buyers have a lot to consider when house-hunting or looking to invest in rental properties, from the state of the housing market itself to taxes and potential resale value. The housing market grew robust and pricey in the last decade following the 2008 recession, but the market could be slowed by rising interest rates. Such a downturn can be good news for potential home-buyers, as you're more likely to be able to wager a deal on an otherwise overpriced house. Then there is the house itself to consider, including what kind of upkeep it requires (and those associated costs). Depreciation affects all homes at an average rate of 3.636% each year, which can be a help come tax season if you use your home for business or rentals—but may cost you later in capital gains taxes when you when you sell. Meanwhile, land value tends to increase over time depending on several factors including where the house is located and what amenities and homes are nearby. More desirable neighborhoods allow sellers to charge more; the mantra "location, location, location" has never been more relevant.
Keep reading to find out the most expensive homes for sale in New Mexico.

#50. 5 Silver Mesa, Santa Fe

#49. 5 Camino Alazan, Santa Fe

#48. 402 Camino Militar, Santa Fe

#47. 2925 Aspen View, Santa Fe

#46. 827 El Caminito St, Santa Fe

#45. 900 Camino Vista Rio, Bernalillo

#44. 984 Acequia Madre Unit C, Santa Fe

#43. 4 Camino Quien Sabe, Santa Fe

#42. 58 and 57 Honeysuckle Cir, Santa Fe

#41. 751 Ridge Canyon Rd, Santa Fe

#40. 123 Gary Player Ct, Alto

#39. 815 E Palace Ave Units 5 & 1, Santa Fe

#38. 570 Highway 21 S, Cimarron

#37. 1501 State Road 344, Sandia Park

#36. 12 Camino Rosa Linda, Santa Fe

#35. 23833 Highway 64 W, Taos

#34. 730 Camino Del Monte Sol, Santa Fe

#33. 450 Circle Dr, Santa Fe

#32. 814 Camino Atalaya, Santa Fe

#31. 38 Circle Drive Compound, Santa Fe

#30. 3287 Monte Sereno Dr Lot 48, Santa Fe

#29. 2216 Wilderness Arroyo, Santa Fe

#28. 168 Tesuque Village Rd, Santa Fe

#27. 3285 Monte Sereno Dr Lot 47, Santa Fe

#26. 2950 Tesuque Overlook, Santa Fe

#25. 797 Camino Del Monte Sol, Santa Fe

#24. 272 Tano Rd, Santa Fe

#23. Rancho Azul 155 Mesa Prieta Rd, Youngsville

#22. 14 Destierro Trl, Santa Fe

#21. 38 Johnsons Ranch Rd, Santa Fe

#20. 27544 Us # 70, Glencoe

#19. 3365 Paseo Segunda, Santa Fe

#18. 1005 Monte Serena, Santa Fe

#17. 811 Los Lovatos Rd, Santa Fe

#16. Magic Canyon Park Rnch, Guadalupita

#15. 80 Double Arrow Rd S, Santa Fe

#14. 412 Circle Dr, Santa Fe

#13. 107 Paseo Aragon, Santa Fe

#12. 208 Camino Del Norte, Santa Fe

#11. 120 Circle Dr, Santa Fe

#10. 300 Brownell Howland Rd, Santa Fe

#9. 3364 and 3365 Paseo Segunda, Santa Fe

#8. 26 Stonegate Cir, Santa Fe

#7. 117 Tesuque Rdg, Santa Fe

#6. Coyote Canyon Dr SE, Albuquerque

#5. Skyline Rnch, Cloudcroft

#4. Apache Mesa Rnch, Coyote

#3. 109 115 117 Tesuque Rdg, Santa Fe

#2. Estancia Del Rio, Youngsville
