New Mexico
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Top Ten Highest Appreciating NM Cities Since 2000




New Mexico Real Estate Values & Housing Market Data

Average Home Values

Median Home Value:
$164,728

Number Of Homes And Apartments:
764,514

New Mexico Home Prices

Value Range
> $1,030,000 1.1
$772,001 - $1,030,000 1.1
$515,001 - $772,000 3.2
$412,001 - $515,000 3.4
$309,001 - $412,000 7.9
$206,001 - $309,000 19.5
$103,001 - $206,000 35.5
$51,001 - $103,000 15.1
$0 - $51,000 13.3

Housing Details

Age of Homes

AGE OF New Mexico HOMES
2000 or Newer 17.2
1970 - 1999 53.0
1940 - 1969 24.6
1939 or Older 5.3

Types of Homes

TYPE OF New Mexico HOMES
Single-Family 64.8
Townhomes 3.7
Small Apt. Buildings 5.6
Apt. Complexes 9.2
Mobile Homes 16.5
Other 0.2

Home Size

SIZE OF New Mexico HOMES
No Bedroom 2.87
1 Bedroom 9.24
2 Bedrooms 25.66
3 Bedrooms 46.23
4 Bedrooms 13.82
5 or more bedrooms 2.18

Rent & Homeownership

Average Market Rent:
$923 / per month

Homeownership Rate

Homeownership
Owners 66.76
Renters 33.24
Vacant 15.71

New Mexico Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2016 Q2 - 2016 Q3
0.93% 3.77% 3
Last 12 Months:
2015 Q4 - 2016 Q3
2.35% 2.35% 2
Last 2 Years:
2014 Q4 - 2016 Q3
5.21% 2.57% 1
Last 5 Years:
2011 Q4 - 2016 Q3
6.62% 1.29% 1
Last 10 Years:
2006 Q4 - 2016 Q3
-3.11% -0.32% 3
Since 2000:
2000 Q1 - 2016 Q3
53.23% 2.62% 4
* 10 is highest