Cities in New Mexico by median home value, 2024

Santa Fe, NM had the highest median home value of 19 cities in 2024, at $444,900. Deming, NM had the lowest, at $127,400. The median was $200,000 and the figure for New Mexico was $248,100. Source: the U.S. Census Bureau.

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Highest444,900Santa Fe, NM
Lowest127,400Deming, NM
Median200,00019 cities
New Mexico248,100History

All cities, 2024

Santa Fe, NM: 444,900 USDSanta Fe, NM444,900Rio Rancho, NM: 310,200 USDRio Rancho, NM310,200Albuquerque, NM: 291,500 USDAlbuquerque, NM291,500Los Lunas, NM: 262,900 USDLos Lunas, NM262,900Farmington, NM: 233,000 USDFarmington, NM233,000Las Cruces, NM: 231,700 USDLas Cruces, NM231,700Artesia, NM: 229,400 USDArtesia, NM229,400Sunland Park, NM: 215,200 USDSunland Park, NM215,200Española, NM: 210,800 USDEspañola, NM210,800Carlsbad, NM: 200,000 USDCarlsbad, NM200,000Hobbs, NM: 191,300 USDHobbs, NM191,300Alamogordo, NM: 172,900 USDAlamogordo, NM172,900Clovis, NM: 169,400 USDClovis, NM169,400Lovington, NM: 166,100 USDLovington, NM166,100Gallup, NM: 165,200 USDGallup, NM165,200Las Vegas, NM: 155,300 USDLas Vegas, NM155,300Roswell, NM: 152,600 USDRoswell, NM152,600Portales, NM: 133,400 USDPortales, NM133,400Deming, NM: 127,400 USDDeming, NM127,400Santa Fe, NM: 444,900 USDSanta Fe, NM444,900Rio Rancho, NM: 310,200 USDRio Rancho, NM310,200Albuquerque, NM: 291,500 USDAlbuquerque, NM291,500Los Lunas, NM: 262,900 USDLos Lunas, NM262,900Farmington, NM: 233,000 USDFarmington, NM233,000Las Cruces, NM: 231,700 USDLas Cruces, NM231,700Artesia, NM: 229,400 USDArtesia, NM229,400Sunland Park, NM: 215,200 USDSunland Park, NM215,200Española, NM: 210,800 USDEspañola, NM210,800Carlsbad, NM: 200,000 USDCarlsbad, NM200,000Hobbs, NM: 191,300 USDHobbs, NM191,300Alamogordo, NM: 172,900 USDAlamogordo, NM172,900Clovis, NM: 169,400 USDClovis, NM169,400Lovington, NM: 166,100 USDLovington, NM166,100Gallup, NM: 165,200 USDGallup, NM165,200Las Vegas, NM: 155,300 USDLas Vegas, NM155,300Roswell, NM: 152,600 USDRoswell, NM152,600Portales, NM: 133,400 USDPortales, NM133,400Deming, NM: 127,400 USDDeming, NM127,400
USD. Source: U.S. Census Bureau, American Community Survey 5-year estimates, table B25077: median value (dollars), owner-occupied housing units, US cities (incorporated places of 10,000 or more). Retrieved 2026-10-12.

Full ranking

RankCities2024
USD
Change on 2023
1Santa Fe, NM444,900+8.1%
2Rio Rancho, NM310,200+13.5%
3Albuquerque, NM291,500+9.3%
4Los Lunas, NM262,900+13%
5Farmington, NM233,000+3.4%
6Las Cruces, NM231,700+6.6%
7Artesia, NM229,400+7.3%
8Sunland Park, NM215,200+10.4%
9Española, NM210,800+2.8%
10Carlsbad, NM200,000+6.4%
11Hobbs, NM191,300+5.9%
12Alamogordo, NM172,900+5.7%
13Clovis, NM169,400+5.9%
14Lovington, NM166,100+2%
15Gallup, NM165,200+22.7%
16Las Vegas, NM155,300+7.9%
17Roswell, NM152,600+9.6%
18Portales, NM133,400+0.4%
19Deming, NM127,400+12.9%

Other periods

About this ranking

Value of owner-occupied housing units at the middle of the distribution, in US dollars of the last year of the period. Value is the owner's estimate of what the home and lot would sell for. United States: American Community Survey five-year estimate, where the period shown is the last year of the five-year span.

Owners' estimates, not sale prices. For price changes use the FHFA house price indexes.

Every value in the ranking comes from the same publisher and the same period, so the cities are compared on one definition. Equal values share a rank.

How to cite

U.S. Census Bureau. American Community Survey 5-year estimates, table B25077: median value (dollars), owner-occupied housing units, US cities (incorporated places of 10,000 or more). https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b25077.dat. Retrieved 2026-10-12.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

U.S. Census Bureau. (2026). American Community Survey 5-year estimates, table B25077: median value (dollars), owner-occupied housing units, US cities (incorporated places of 10,000 or more) (Cities in New Mexico by median home value, 2024) [Data set]. Retrieved October 12, 2026, from https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b25077.dat

MLA 9

American Community Survey 5-year estimates, table B25077: median value (dollars), owner-occupied housing units, US cities (incorporated places of 10,000 or more), Cities in New Mexico by median home value, 2024. U.S. Census Bureau, 29 Jan. 2026, https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b25077.dat. Invokely, https://invokely.ai/rankings/median-home-value/new-mexico-cities. Accessed 12 Oct. 2026.

Chicago (author-date)

U.S. Census Bureau. 2026. American Community Survey 5-year estimates, table B25077: median value (dollars), owner-occupied housing units, US cities (incorporated places of 10,000 or more). Cities in New Mexico by median home value, 2024. Dataset. Accessed October 12, 2026. https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b25077.dat. Also distributed by Invokely, https://invokely.ai/rankings/median-home-value/new-mexico-cities.

Harvard

U.S. Census Bureau (2026) American Community Survey 5-year estimates, table B25077: median value (dollars), owner-occupied housing units, US cities (incorporated places of 10,000 or more), Cities in New Mexico by median home value, 2024 [Dataset]. Available at: https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b25077.dat, via Invokely: https://invokely.ai/rankings/median-home-value/new-mexico-cities (Accessed: 12 October 2026).

BibTeX
@misc{census_cities_in_new_mexico_2024,
  author = {{U.S. Census Bureau}},
  title = {{American Community Survey 5-year estimates, table B25077: median value (dollars), owner-occupied housing units, US cities (incorporated places of 10,000 or more): Cities in New Mexico by median home value, 2024}},
  year = {2026},
  howpublished = {Data set},
  url = {https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b25077.dat},
  urldate = {2026-10-12},
  note = {Accessed via Invokely, https://invokely.ai/rankings/median-home-value/new-mexico-cities. Publisher attribution: U.S. Census Bureau. American Community Survey 5-year estimates, table B25077: median value (dollars), owner-occupied housing units, US cities (incorporated places of 10,000 or more). https://www2.census.gov/programs-surveys/acs/summary\_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b25077.dat. Retrieved 2026-10-12.},
}
RIS
TY  - DATA
AU  - U.S. Census Bureau
TI  - American Community Survey 5-year estimates, table B25077: median value (dollars), owner-occupied housing units, US cities (incorporated places of 10,000 or more): Cities in New Mexico by median home value, 2024
PY  - 2026
DA  - 2026/01/29
PB  - U.S. Census Bureau
DB  - Invokely
UR  - https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b25077.dat
L2  - https://invokely.ai/rankings/median-home-value/new-mexico-cities
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/rankings/median-home-value/new-mexico-cities.
N1  - Publisher attribution: U.S. Census Bureau. American Community Survey 5-year estimates, table B25077: median value (dollars), owner-occupied housing units, US cities (incorporated places of 10,000 or more). https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b25077.dat. Retrieved 2026-10-12.
ER  - 
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Questions

Which city has the highest median home value?

Santa Fe, NM, with $444,900 in 2024, according to the U.S. Census Bureau.

Which city has the lowest median home value?

Deming, NM, with $127,400 in 2024.

Where does this ranking come from?

Every value comes from one source and one period, so the places are comparable: U.S. Census Bureau, American Community Survey 5-year estimates, table B25077: median value (dollars), owner-occupied housing units, US cities (incorporated places of 10,000 or more). Retrieved 2026-10-12.

Median home value: other rankings

Cities in New Mexico: more rankings