Looking to find affordable housing in the Land of Enchantment?

This remarkable appreciation likely reflects growing interest in the region known worldwide for its famous chile peppers.

Despite this explosive growth rate, housing remains affordable compared to nearby Las Cruces and certainly to neighboring states.

the 25 most affordable towns in new mexico

Home Stratosphere | Leaflet

Socorro

Along the Rio Grande in central New Mexico, Socorro Countys Socorro combines educational resources with affordability.

The data shows relatively flat values between 2015-2020, followed by stronger growth in recent years.

Socorros location along Interstate 25 provides easy access to Albuquerque while maintaining significantly lower housing costs.

Garfield Home Price History Chart

Youll find homes averaging $164,330 in 2025, representing a solid 18.06% increase from 2020 values.

Youll find homes averaging $160,751 in 2025 in this small community surrounded by the vast Gila National Forest.

While historical comparison data isnt available, Mountainairs current pricing places it among New Mexicos most affordable mountain communities.

Socorro Home Price History Chart

Clovis

On New Mexicos eastern border with Texas, Curry Countys Clovis shows moderate recent growth while maintaining affordability.

Youll find homes averaging $154,599 in 2025, representing a modest 13.79% increase from 2020 values.

Roswell

The internationally famous city of Roswell in Chaves County offers long-term appreciation while maintaining relative affordability.

Caballo Home Price History Chart

Williamsburgs growth pattern closely mirrors that of Truth or Consequences, suggesting regional appreciation rather than just city-specific factors.

Interestingly, the data shows a dip in values between 2015-2020 before a strong recovery in recent years.

Grants

Along Interstate 40 in western New Mexico, Cibola Countys Grants demonstrates impressive recent growth while maintaining affordability.

Reserve Home Price History Chart

Youll find homes averaging $140,938 in 2025, a significant 43.50% increase from $98,216 in 2020.

Raton

The historic mountain gateway town of Raton in Colfax County shows remarkable recent growth in its housing market.

Despite this strong growth, Raton remains highly affordable relative to both New Mexico averages and neighboring Colorado communities.

Arenas Valley Home Price History Chart

Dexter

Just south of Roswell in Chaves County, Dexter presents an interesting anomaly in the housing data.

This dramatic appreciation over just five years ranks among the highest for affordable New Mexico communities.

Home values have appreciated significantly, rising 35.06% from $71,563 in 2020.

Lovington Home Price History Chart

The town offers a genuine small-town New Mexico experience with housing costs well below the state median.

The data shows impressive growth of 40.31% since 2020, when average values were only $64,021.

Mountainair Home Price History Chart

Clovis Home Price History Chart

Roswell Home Price History Chart

Williamsburg Home Price History Chart

Truth or Consequences Home Price History Chart

Deming Home Price History Chart

Grants Home Price History Chart

Raton Home Price History Chart

Carrizozo Home Price History Chart

Portales Home Price History Chart

Eunice Home Price History Chart

Jal Home Price History Chart

Dexter Home Price History Chart

Hurley Home Price History Chart

Clayton Home Price History Chart

Bayard Home Price History Chart

Fort Sumner Home Price History Chart

Santa Clara Home Price History Chart

Tucumcari Home Price History Chart