New Mexico: Median Home Value Trend
How New Mexico's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$163,900
2023
$232,200
Total change
+$68,300
% change
+41.7%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $163,900 | — |
| 2019 | $171,400 | +$7,500 (4.6%) |
| 2020 | — | — |
| 2021 | $184,800 | — |
| 2022 | $216,000 | +$31,200 (16.9%) |
| 2023 | $232,200 | +$16,200 (7.5%) |