NEW MEXICO (Stacker) — Stacker compiled a list of cities with the most expensive homes in New Mexico using data from Zillow. Cities are ranked by the Zillow Home Values Index for all homes as of July 2022.

The most expensive city on the list has a typical home value of $841,400 which is 183% higher than the state average of $296,833.

Metros with the most cities in the top 30 in New Mexico:

  • #1. Albuquerque: 15
  • #2. Santa Fe: 6
  • #3. Taos: 3
  • #4. Española: 1
  • #4. Las Cruces: 1
  • #4. Las Vegas: 1
  • #4. Los Alamos: 1
  • #4. Ruidoso: 1

Read on to see which cities made the list.


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30. Carnuel

  • Typical home value: $289,929
  • 1-year price change: +16.3%
  • 5-year price change: +69.7%
  • Metro area: Albuquerque

29. Santa Cruz

  • Typical home value: $298,699
  • 1-year price change: +25.6%
  • 5-year price change: +49.7%
  • Metro area: Santa Fe

28. Jemez Springs

  • Typical home value: $302,738
  • 1-year price change: +22.6%
  • 5-year price change: +68.7%
  • Metro area: Albuquerque

27. Peralta

  • Typical home value: $314,918
  • 1-year price change: +21.3%
  • 5-year price change: +69.5%
  • Metro area: Albuquerque

26. Albuquerque

  • Typical home value: $315,564
  • 1-year price change: +17.0%
  • 5-year price change: +62.3%
  • Metro area: Albuquerque

25. Chimayo

  • Typical home value: $321,817
  • 1-year price change: +13.2%
  • 5-year price change: +46.6%
  • Metro area: Española

24. Rio Rancho

  • Typical home value: $323,088
  • 1-year price change: +23.2%
  • 5-year price change: +76.5%
  • Metro area: Albuquerque

23. Mesilla Park

  • Typical home value: $324,348
  • 1-year price change: +11.0%
  • 5-year price change: +43.1%
  • Metro area: Las Cruces

22. Bernalillo

  • Typical home value: $327,359
  • 1-year price change: +21.5%
  • 5-year price change: +66.8%
  • Metro area: Albuquerque

21. Ranchos de Taos

  • Typical home value: $349,929
  • 1-year price change: +20.7%
  • 5-year price change: +72.8%
  • Metro area: Taos

20. Bosque Farms

  • Typical home value: $352,978
  • 1-year price change: +17.9%
  • 5-year price change: +60.6%
  • Metro area: Albuquerque

19. Edgewood

  • Typical home value: $359,367
  • 1-year price change: +15.4%
  • 5-year price change: +65.3%
  • Metro area: Santa Fe

18. Algodones

  • Typical home value: $359,433
  • 1-year price change: +17.3%
  • 5-year price change: +60.5%
  • Metro area: Albuquerque

17. Cerrillos

  • Typical home value: $370,418
  • 1-year price change: +6.1%
  • 5-year price change: +57.5%
  • Metro area: Santa Fe

16. North Valley

  • Typical home value: $372,476
  • 1-year price change: +16.0%
  • 5-year price change: +63.1%
  • Metro area: Albuquerque

15. El Prado

  • Typical home value: $375,712
  • 1-year price change: +9.0%
  • 5-year price change: +65.8%
  • Metro area: Taos

14. Stanley

  • Typical home value: $387,706
  • 1-year price change: +16.0%
  • 5-year price change: +64.1%
  • Metro area: Santa Fe

13. Taos

  • Typical home value: $392,387
  • 1-year price change: +13.5%
  • 5-year price change: +63.7%
  • Metro area: Taos

12. Tijeras

  • Typical home value: $399,947
  • 1-year price change: +11.5%
  • 5-year price change: +62.6%
  • Metro area: Albuquerque

11. Angel Fire

  • Typical home value: $401,059
  • 1-year price change: +17.1%
  • 5-year price change: +51.7%
  • Metro area: not in a metro area

10. Los Alamos

  • Typical home value: $409,589
  • 1-year price change: +13.4%
  • 5-year price change: +50.5%
  • Metro area: Los Alamos

9. Cedar Crest

  • Typical home value: $425,259
  • 1-year price change: +14.2%
  • 5-year price change: +58.0%
  • Metro area: Albuquerque

8. Glorieta

  • Typical home value: $452,266
  • 1-year price change: +19.4%
  • 5-year price change: +75.6%
  • Metro area: Las Vegas

7. Sandia Park

  • Typical home value: $467,163
  • 1-year price change: +12.3%
  • 5-year price change: +57.3%
  • Metro area: Albuquerque

6. Alto

  • Typical home value: $487,771
  • 1-year price change: +9.8%
  • 5-year price change: +31.7%
  • Metro area: Ruidoso

5. Santa Fe

  • Typical home value: $584,002
  • 1-year price change: +21.2%
  • 5-year price change: +63.5%
  • Metro area: Santa Fe

4. Los Ranchos de Albuquerque

  • Typical home value: $622,776
  • 1-year price change: +16.0%
  • 5-year price change: +49.3%
  • Metro area: Albuquerque

3. Placitas

  • Typical home value: $639,732
  • 1-year price change: +17.7%
  • 5-year price change: +65.3%
  • Metro area: Albuquerque

2. Corrales

  • Typical home value: $656,651
  • 1-year price change: +17.6%
  • 5-year price change: +62.9%
  • Metro area: Albuquerque

1. Lamy

  • Typical home value: $841,400
  • 1-year price change: +25.8%
  • 5-year price change: +66.2%
  • Metro area: Santa Fe