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 January 2023. The charts in this story were created automatically using Matplotlib. The most expensive city on the list has a typical home value of $823,370, which is 172% higher than the state average of $272,195.
Metros with the most cities in the top 30 in New Mexico
#1. Albuquerque, NM: 12
#2. Santa Fe, NM: 7
#3. Taos, NM: 3
#4. Española, NM: 2
#4. Las Cruces, NM: 2
#6. Los Alamos, NM: 1
#6. Roswell, NM: 1
#6. Ruidoso, NM: 1
Read on to see which cities made the list.
#30. Bernalillo
– Typical home value: $279,630
– 1-year price change: +6.8%
– 5-year price change: +51.2%
– Metro area: Albuquerque, NM
#29. Santa Teresa
– Typical home value: $284,262
– 1-year price change: +9.6%
– 5-year price change: +44.4%
– Metro area: Las Cruces, NM
#28. Santa Cruz
– Typical home value: $284,837
– 1-year price change: +6.1%
– 5-year price change: +46.0%
– Metro area: Santa Fe, NM
#27. Chama
– Typical home value: $292,435
– 1-year price change: +3.6%
– 5-year price change: data not available
– Metro area: Española,, NM
#26. Mayhill
– Typical home value: $298,619
– 1-year price change: +16.7%
– 5-year price change: data not available
– Metro area: Roswell, NM
#25. Glorieta
– Typical home value: $300,448
– 1-year price change: +2.5%
– 5-year price change: +50.2%
– Metro area: Santa Fe, NM
#24. Albuquerque
– Typical home value: $302,545
– 1-year price change: +8.3%
– 5-year price change: +57.7%
– Metro area: Albuquerque, NM
#23. Rio Rancho
– Typical home value: $302,658
– 1-year price change: +8.9%
– 5-year price change: +61.3%
– Metro area: Albuquerque, NM
#22. Peralta
– Typical home value: $307,989
– 1-year price change: +6.3%
– 5-year price change: +82.6%
– Metro area: Albuquerque, NM
#21. Edgewood
– Typical home value: $322,870
– 1-year price change: +6.4%
– 5-year price change: +58.7%
– Metro area: Santa Fe, NM
#20. Mesilla Park
– Typical home value: $326,361
– 1-year price change: +9.0%
– 5-year price change: +45.9%
– Metro area: Las Cruces, NM
#19. Abiquiu
– Typical home value: $332,300
– 1-year price change: +2.0%
– 5-year price change: data not available
– Metro area: Española, NM
#18. Bosque Farms
– Typical home value: $339,261
– 1-year price change: +6.7%
– 5-year price change: +90.3%
– Metro area: Albuquerque, NM
#17. Ranchos de Taos
– Typical home value: $345,796
– 1-year price change: +3.0%
– 5-year price change: +46.6%
– Metro area: Taos, NM
#16. North Valley
– Typical home value: $355,151
– 1-year price change: +7.5%
– 5-year price change: +62.0%
– Metro area: Albuquerque, NM
#15. Stanley
– Typical home value: $359,753
– 1-year price change: +8.5%
– 5-year price change: data not available
– Metro area: Santa Fe, NM
#14. Cerrillos
– Typical home value: $364,975
– 1-year price change: +3.4%
– 5-year price change: +39.7%
– Metro area: Santa Fe, NM
#13. Tijeras
– Typical home value: $365,741
– 1-year price change: +5.9%
– 5-year price change: +56.5%
– Metro area: Albuquerque, NM
#12. Taos
– Typical home value: $387,337
– 1-year price change: +3.6%
– 5-year price change: +48.5%
– Metro area: Taos, NM
#11. El Prado
– Typical home value: $389,637
– 1-year price change: +3.5%
– 5-year price change: +54.9%
– Metro area: Taos, NM
#10. Cedar Crest
– Typical home value: $395,139
– 1-year price change: +6.1%
– 5-year price change: +51.7%
– Metro area: Albuquerque, NM
#9. Sandia Park
– Typical home value: $441,506
– 1-year price change: +5.5%
– 5-year price change: +61.6%
– Metro area: Albuquerque, NM
#8. Angel Fire
– Typical home value: $454,476
– 1-year price change: +11.2%
– 5-year price change: +81.3%
– Metro area: not in a metro area
#7. Los Alamos
– Typical home value: $465,421
– 1-year price change: +5.1%
– 5-year price change: +58.7%
– Metro area: Los Alamos, NM
#6. Alto
– Typical home value: $471,800
– 1-year price change: +1.9%
– 5-year price change: +44.3%
– Metro area: Ruidoso, NM
#5. Santa Fe
– Typical home value: $520,486
– 1-year price change: +6.0%
– 5-year price change: +59.8%
– Metro area: Santa Fe, NM
#4. Placitas
– Typical home value: $580,806
– 1-year price change: +8.3%
– 5-year price change: +49.1%
– Metro area: Albuquerque, NM
#3. Corrales
– Typical home value: $591,204
– 1-year price change: +7.8%
– 5-year price change: +57.9%
– Metro area: Albuquerque, NM
#2. Los Ranchos de Albuquerque
– Typical home value: $595,204
– 1-year price change: +6.2%
– 5-year price change: +52.8%
– Metro area: Albuquerque, NM
#1. Lamy
– Typical home value: $739,757
– 1-year price change: +7.0%
– 5-year price change: +63.8%
– Metro area: Santa Fe, NM