Valencia County, NM real estate

What the numbers say

Valencia County, NM real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

In September 2026, the median home in Valencia County listed for $356,475, down 1.0% from a year earlier. That is 11% below the New Mexico median of $399,475.

Homes spent a median of 82 days on the market, slower than 77 days a year ago. That makes Valencia County the #9 fastest-selling of 12 New Mexico counties we track.

Homeowners in Valencia County pay a median of $1,374 a year in property taxes on a median home value of $223,000, an effective rate of about 0.62%. The New Mexico average is 0.70%, which makes Valencia County the #25 lowest-tax of 33 counties in the state with published tax data.

Renters pay a median of $1,015 a month, and $897 for a two-bedroom. At today's prices a typical home costs about 29 times a year's rent, which generally favors renting over buying in the short term.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $356,000 home here comes to about $2,275 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $98,000 a year (the median household here earns $58,933).