RANKING · 2024 ACS · 46 SHOWN OF 46

Cheapest homes, New Mexico cities

New Mexico cities with the lowest median home value (2023 ACS owner-occupied units). This list covers the 46 cities in New Mexico that qualify, ranked against each other statewide.

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New MexicoAll statesPop > 5KAll rankings

SAME RANKING BYCounties States Metros ZIP codes

YEAR1990 2000 2010 2020 2024

RANKPLACESTATEPOPMEDIAN HOME VALUEVS 2000

01Tucumcari, NMNM5,082$64,100+40%

02Zuni Pueblo, NMNM5,864$81,700+59%

03Shiprock, NMNM7,610$104,400+194%

04Chaparral, NMNM18,186$109,300+107%

05El Cerro Mission, NMNM5,323$115,300–

06Anthony, NMNM8,900$116,000+149%

07Truth or Consequences, NMNM5,949$124,600+135%

08Deming, NMNM14,944$127,400+135%

09Portales, NMNM11,734$133,400+155%

10Raton, NMNM5,952$134,300+106%

11Grants, NMNM8,933$136,500+124%

12Roswell, NMNM46,878$152,600+173%

13Socorro, NMNM8,261$152,900+106%

14Las Vegas, NMNM12,574$155,300+93%

15Bloomfield, NMNM7,335$161,200+126%

16Gallup, NMNM19,969$165,200+90%

17Lovington, NMNM11,620$166,100+281%

18Belen, NMNM7,589$166,100+111%

19Clovis, NMNM37,127$169,400+172%

20Alamogordo, NMNM31,906$172,900+154%

21Aztec, NMNM6,091$175,000+124%

22Silver City, NMNM9,284$182,100+119%

23Hobbs, NMNM40,863$191,300+295%

24Carlsbad, NMNM32,524$200,000+237%

25Española, NMNM10,458$210,800+127%

26Santa Teresa, NMNM6,041$215,100+91%

27Sunland Park, NMNM18,268$215,200+366%

28South Valley, NMNM37,120$224,300+141%

29Artesia, NMNM12,735$229,400+279%

30Las Cruces, NMNM116,978$231,700+177%

31Farmington, NMNM46,055$233,000+153%

32Ruidoso, NMNM7,580$243,800+148%

33Bernalillo, NMNM9,159$255,500+232%

34Los Lunas, NMNM20,572$262,900+173%

35North Hobbs, NMNM6,034$264,400–

36Albuquerque, NMNM556,588$291,500+136%

37North Valley, NMNM10,455$302,700+199%

38Edgewood, NMNM6,157$306,400+161%

39Rio Rancho, NMNM114,419$310,200+177%

40Santa Fe, NMNM89,837$444,900+151%

41Taos, NMNM6,526$445,900+198%

42Los Ranchos de Albuquerque, NMNM5,790$492,400+106%

43White Rock, NMNM5,716$500,700+118%

44Los Alamos, NMNM13,317$501,800+146%

45Corrales, NMNM8,484$571,500+121%

46Eldorado at Santa Fe, NMNM5,619$591,900+166%

SHOWING 1–46 OF 46

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UPDATED 2026-06-02 · DATA: US CENSUS BUREAU ACS 5-YEAR ESTIMATES