Market Insights

New Mexico Housing Market: Six-Town Report, October 2026

Home prices and inventory in Roswell, Carlsbad, Clovis, Hobbs, Deming and Artesia, from Mindy Longmire at Dynamic Properties of New Mexico. Updated October 22, 2026.

Six Towns · October 22, 2026
$270,000
Median List Price
699
Homes for Sale
175
New in Last 30 Days
44%
Have Cut Their Price
The Answers

The Region at a Glance

What do homes cost in southern and eastern New Mexico?

The median list price for a home across Roswell, Carlsbad, Clovis, Hobbs, Deming and Artesia was $270,000 on October 22, 2026, across 699 single-family houses, townhomes and condos for sale on the New Mexico MLS.

TownMedian list priceHomes for saleList price / sq ftMedian days on marketPrice cut
Roswell$249,900183$1498144%
Carlsbad$332,750112$1896743%
Clovis$240,000182$1347448%
Hobbs$332,40076$1694845%
Deming$220,00077$1337936%
Artesia$299,90069$20612141%

Town by town

Buyer or seller market?

Most of the region leans toward buyers. 44% of homes for sale have cut their price at least once, and the typical listing has been on the market 76 days. 175 homes came on the market in the last 30 days.

About these numbers

Source: Dynamic Properties of New Mexico analysis of active listings on the New Mexico MLS (NMMLS) as of October 22, 2026, grouped by the city in the listing address, which includes homes just outside city limits. "Homes" means single-family houses, townhomes and condos; land, mobile homes, multi-family and farm listings are counted separately. All prices are list prices, not sale prices. Listing data is deemed reliable but not guaranteed.

New Mexico MLS rules do not allow sold data to be published on a public website, so these pages use homes currently for sale. For what homes like yours have actually sold for, ask Mindy for a private comparative market analysis.

Questions

New Mexico Housing Market FAQ

What is the median home price in southern and eastern New Mexico?

Across Roswell, Carlsbad, Clovis, Hobbs, Deming and Artesia, the median list price was $270,000 on October 22, 2026, across 699 single-family houses, townhomes and condos for sale on the New Mexico MLS.

Which of these New Mexico towns has the lowest home prices?

Of the six towns we track, Deming had the lowest median list price on October 22, 2026, at $220,000. Carlsbad had the highest, at $332,750.

Where are the most homes for sale?

Roswell had the most, with 183 houses, townhomes and condos listed on October 22, 2026.

Where are homes selling fastest?

We publish listing data only, so the closest measure is how long current listings have been on the market. Hobbs had the shortest median, 48 days; Artesia had the longest, 121 days.

Is it a good time to buy a home in southern and eastern New Mexico?

Buyers have room to negotiate in most of the region: 44% of homes for sale across the six towns had cut their price at least once by October 22, 2026, and the typical listing had been on the market 76 days. Whether it is a good time for you depends on your price range and how long you plan to stay; Mindy can walk you through it.

Why are these list prices and not sale prices?

New Mexico MLS rules do not allow sold data to be published on a public website, so these pages use homes currently for sale. For what homes like yours have actually sold for, ask Mindy for a private comparative market analysis.

Ask Mindy

Want the Numbers for Your Street?

Tell Mindy where you are looking or what you might sell, and she will send what similar homes are listed and selling for.