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
$240,000
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 | 311 | $300,000 |
| Santa Fe | 86 | $492,500 |
| Las Cruces | 63 | $65,000 |
| Rio Rancho | 51 | $269,777 |
| Farmington | 32 | $2,550 |
| Roswell | 27 | $78,500 |
| Clovis | 25 | $1,445 |
| Hobbs | 22 | $137,500 |
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.