Cities with the most expensive homes in New Mexico
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.
The typical home value in the United States was $365,545 in March, 0.8% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of April 16, the sits at 6.3%.
Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
compiled a list of cities with the most expensive homes in New Mexico using data from . Cities are ranked by the Zillow Home Values Index for all homes as of March 2026. The charts in this story were created automatically using .
Metros with the most cities in the top 30 in New Mexico
#1. Albuquerque, NM: 12
#2. Santa Fe, NM: 6
#3. Las Vegas, NM: 3
#3. Taos, NM: 3
#5. Espa-娄ola, NM: 1
#5. Los Alamos, NM: 1
#5. Las Cruces, NM: 1
#5. Ruidoso, NM: 1
#5. Roswell, NM: 1
#30. Bernalillo
- Typical home value: $347,987
- 1-year price change: +1.7%
- 5-year price change: +33.2%
- Metro area: Albuquerque, NM
#29. Rociada
- Typical home value: $354,983
- 1-year price change: +6.9%
- 5-year price change: data not available
- Metro area: Las Vegas, NM
#28. Mesilla Park
- Typical home value: $357,801
- 1-year price change: -0.4%
- 5-year price change: +31.2%
- Metro area: Las Cruces, NM
#27. Mayhill
- Typical home value: $361,065
- 1-year price change: -2.0%
- 5-year price change: +40.8%
- Metro area: Roswell, NM
#26. Rio Rancho
- Typical home value: $361,856
- 1-year price change: +0.3%
- 5-year price change: +39.4%
- Metro area: Albuquerque, NM
#25. Jemez Pueblo
- Typical home value: $363,670
- 1-year price change: +4.5%
- 5-year price change: +28.3%
- Metro area: Albuquerque, NM
#24. Glorieta
- Typical home value: $364,107
- 1-year price change: +4.8%
- 5-year price change: +33.4%
- Metro area: Santa Fe, NM
#23. Sapello
- Typical home value: $365,705
- 1-year price change: +4.5%
- 5-year price change: data not available
- Metro area: Las Vegas, NM
#22. Edgewood
- Typical home value: $382,908
- 1-year price change: +1.5%
- 5-year price change: +27.0%
- Metro area: Santa Fe, NM
#21. Algodones
- Typical home value: $392,075
- 1-year price change: -0.5%
- 5-year price change: +12.7%
- Metro area: Albuquerque, NM
#20. Pecos
- Typical home value: $392,458
- 1-year price change: +3.4%
- 5-year price change: data not available
- Metro area: Las Vegas, NM
#19. Cerrillos
- Typical home value: $392,922
- 1-year price change: -1.2%
- 5-year price change: +10.9%
- Metro area: Santa Fe, NM
#18. Peralta
- Typical home value: $404,893
- 1-year price change: +3.8%
- 5-year price change: +33.1%
- Metro area: Albuquerque, NM
#17. Abiquiu
- Typical home value: $409,805
- 1-year price change: -5.9%
- 5-year price change: +10.1%
- Metro area: Espa-娄ola, NM
#16. Ranchos de Taos
- Typical home value: $418,542
- 1-year price change: +0.7%
- 5-year price change: +16.0%
- Metro area: Taos, NM
#15. Stanley
- Typical home value: $421,157
- 1-year price change: +2.2%
- 5-year price change: +10.2%
- Metro area: Santa Fe, NM
#14. Bosque Farms
- Typical home value: $429,396
- 1-year price change: +8.8%
- 5-year price change: +47.5%
- Metro area: Albuquerque, NM
#13. Taos
- Typical home value: $439,303
- 1-year price change: -1.3%
- 5-year price change: -0.8%
- Metro area: Taos, NM
#12. Tijeras
- Typical home value: $440,973
- 1-year price change: +2.2%
- 5-year price change: +32.6%
- Metro area: Albuquerque, NM
#11. Cedar Crest
- Typical home value: $458,447
- 1-year price change: +3.5%
- 5-year price change: +34.1%
- Metro area: Albuquerque, NM
#10. El Prado
- Typical home value: $492,513
- 1-year price change: -1.4%
- 5-year price change: +12.0%
- Metro area: Taos, NM
#9. Angel Fire
- Typical home value: $501,804
- 1-year price change: -2.0%
- 5-year price change: +42.1%
- Metro area: not in a metro area
#8. Sandia Park
- Typical home value: $533,462
- 1-year price change: +1.3%
- 5-year price change: +27.7%
- Metro area: Albuquerque, NM
#7. Alto
- Typical home value: $573,116
- 1-year price change: +6.1%
- 5-year price change: +31.2%
- Metro area: Ruidoso, NM
#6. Santa Fe
- Typical home value: $580,022
- 1-year price change: -0.6%
- 5-year price change: +23.2%
- Metro area: Santa Fe, NM
#5. Los Alamos
- Typical home value: $582,217
- 1-year price change: -0.6%
- 5-year price change: +30.3%
- Metro area: Los Alamos, NM
#4. Placitas
- Typical home value: $643,791
- 1-year price change: -1.6%
- 5-year price change: +29.5%
- Metro area: Albuquerque, NM
#3. Corrales
- Typical home value: $703,889
- 1-year price change: +3.9%
- 5-year price change: +36.9%
- Metro area: Albuquerque, NM
#2. Los Ranchos de Albuquerque
- Typical home value: $705,207
- 1-year price change: +4.8%
- 5-year price change: +41.8%
- Metro area: Albuquerque, NM
#1. Lamy
- Typical home value: $823,100
- 1-year price change: +0.1%
- 5-year price change: +26.9%
- Metro area: Santa Fe, NM