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Anonymous asked in Business & FinanceRenting & Real Estate · 1 decade ago

How are real estate prices in New Mexico?

I think it'd be a nice place to buy a home. I live in California, where most of the real estate is out of buying range for the middle class.

3 Answers

  • 1 decade ago
    Favorite Answer

    Overall, real estate prices are VERY reasonable anywhere but Santa Fe and maybe Taos. We're getting a LOT of retirees in southern New Mexico (Las Cruces, Deming, Alamogordo) because housing is so affordable and the weather is very mild.

    I recently saw a 5 bedroom, something like 2,300 square foot house with 2 bathrooms and 2 car garage in a nice older (but not historic) neighborhood sell for $150,000 here in Las Cruces.

    Housing is even cheaper in Alamogordo or Deming.

  • 1 decade ago

    My friend from california bought a 3 bedroom, 2 bath nice house in a nice neighborhood, for less than he had a one bedroom home in san diego. The average price for a home where i live is $130,000-180,000 for a 1800 sq foot home or more

  • 1 decade ago

    why don't you check out's free and you can see what's currently on the market to get an idea...

    Source(s): I'm a realtor.
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