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
$270,000
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 |
|---|---|---|
| Las Cruces | 377 | $305,500 |
| Albuquerque | 229 | $2,200 |
| Santa Fe | 57 | $1,489,000 |
| Rio Rancho | 46 | $421,000 |
| Alamogordo | 43 | $200,000 |
| Hobbs | 21 | $510,000 |
| Placitas | 20 | $524,500 |
| Clovis | 14 | $277,000 |
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.