The typical home listed in New Mexico is priced at $405,763, down 0.0% from a year ago. Homes are spending a median of 69 days on the market, indicating a slower market that favors buyers. Against a median household income of $64,059, the price-to-income ratio is about 6.3, a expensive level for local buyers.
| Metric | Value |
|---|---|
| Median Listing Price | $405,763 |
| YoY Price Change | -0.0% |
| Median Days on Market | 69 days |
| Active Listings | 7,050 |
| Median Household Income | $64,059 |
| Homeownership Rate | 70.0% |
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