Property tax, transfer tax, capital gains, rental rules, and live market data for New Mexico. All rates current as of April 2026.
Median sale price
$7,250
1,000 active listings
Property tax (effective)
0.80%
Median · of home value
State income tax
5.90%
Top marginal
Transfer tax
None
No state transfer tax
Every calculator pre-filled with New Mexico's 2026 rates. Override any number inline if your county or deal differs.
Ranked by active listing volume.
| City | Listings | Median price |
|---|---|---|
| Albuquerque | 332 | $2,600 |
| Santa Fe | 212 | $5,350 |
| Las Cruces | 164 | $2,075 |
| Rio Rancho | 106 | $300,500 |
| Roswell | 79 | $185,000 |
| Farmington | 50 | $247,450 |
| Hobbs | 27 | $330,000 |
| Gallup | 16 | $149,950 |
No cap for leases 1 year or longer.
See full New Mexico rules →Find homes for sale in New Mexico with state-specific tax context built in.