RANKING · 2024 ACS · 46 SHOWN OF 46

Cheapest homes, New Mexico cities

New Mexico cities with the lowest median home value (2024 ACS owner-occupied units). This list covers the 46 cities in New Mexico that qualify, ranked against each other statewide. The median across all 46 is $200,000. Biggest climber in the top 100 since 2020: Bloomfield, NM, up 8 places to #15.

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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%

03▲1Shiprock, NMNM7,610$104,400+194%

04▲1Chaparral, NMNM18,186$109,300+107%

05▼2El Cerro Mission, NMNM5,323$115,300–

06▲3Anthony, NMNM8,900$116,000+149%

07▼1Truth or Consequences, NMNM5,949$124,600+135%

08▼1Deming, NMNM14,944$127,400+135%

09▲4Portales, NMNM11,734$133,400+155%

10▼2Raton, NMNM5,952$134,300+106%

11▼1Grants, NMNM8,933$136,500+124%

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

13▲7Socorro, NMNM8,261$152,900+106%

14▲1Las Vegas, NMNM12,574$155,300+93%

15▲8Bloomfield, NMNM7,335$161,200+126%

16▲3Gallup, NMNM19,969$165,200+90%

17▼3Lovington, NMNM11,620$166,100+281%

18▼7Belen, NMNM7,589$166,100+111%

19▼1Clovis, NMNM37,127$169,400+172%

20▼4Alamogordo, NMNM31,906$172,900+154%

21▲5Aztec, NMNM6,091$175,000+124%

22▼1Silver City, NMNM9,284$182,100+119%

23▼1Hobbs, NMNM40,863$191,300+295%

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

25▲3Española, NMNM10,458$210,800+127%

26▲6Santa Teresa, NMNM6,041$215,100+91%

27▼10Sunland Park, NMNM18,268$215,200+366%

28▼3South Valley, NMNM37,120$224,300+141%

29▲4Artesia, NMNM12,735$229,400+279%

30▼3Las Cruces, NMNM116,978$231,700+177%

31▲3Farmington, NMNM46,055$233,000+153%

32▲6Ruidoso, NMNM7,580$243,800+148%

33▼4Bernalillo, NMNM9,159$255,500+232%

34▼4Los Lunas, NMNM20,572$262,900+173%

35▼4North Hobbs, NMNM6,034$264,400–

36▲1Albuquerque, NMNM556,588$291,500+136%

37▲2North Valley, NMNM10,455$302,700+199%

38▼3Edgewood, NMNM6,157$306,400+161%

39▼3Rio Rancho, NMNM114,419$310,200+177%

40▲1Santa Fe, NMNM89,837$444,900+151%

41▼1Taos, NMNM6,526$445,900+198%

42▲3Los Ranchos de Albuquerque, NMNM5,790$492,400+106%

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

44▼2Los Alamos, NMNM13,317$501,800+146%

45▲1Corrales, NMNM8,484$571,500+121%

46▼2Eldorado at Santa Fe, NMNM5,619$591,900+166%

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UPDATED 2026-09-11 · DATA: US CENSUS BUREAU ACS 5-YEAR ESTIMATES