Home Value Trail

States › New Mexico › 2021

State, one year

New Mexico in 2021

Index change and building permits for the year, with every county.

In 2021 the FHFA house price index for New Mexico changed +11.4%, against +11.6% for the United States and +4.8% in 2020.

7,753 housing units were authorised by building permits in the state that year (5,465 single-family), +48.6% on 2020; the national total was 1,736,982.

+11.4%New Mexico index, 2020–2021US +11.6%
7,753housing units permitted in 20215,465 single-family
26 of 27counties with a rising indexmedian county +10.0%
1,736,982units permitted nationally in 2021
← 2020New Mexico overview2022 →

Counties in 2021

Ranked by the county index change from 2020 to 2021 (FHFA annual county index). Permits are units authorised in 2021; per 1,000 uses the vintage 2025 population.

CountyIndex change 2021Units permittedSingle-familyPer 1,000
Rio Arriba County+15.2%000.0
Lincoln County+14.1%91894.6
Sandoval County+13.9%1,7891,21511.2
Luna County+13.5%880.3
Doña Ana County+13.4%1,3381,2395.8
Valencia County+13.2%3083083.8
Bernalillo County+12.7%1,9241,0122.9
Colfax County+12.7%000.0
Socorro County+12.7%000.0
Santa Fe County+12.2%8402285.4
Otero County+10.7%330.0
San Miguel County+10.5%000.0
Grant County+10.2%000.0
Cibola County+10.0%000.0
Los Alamos County+9.6%40402.1
McKinley County+8.5%220.0
Sierra County+8.4%000.0
San Juan County+8.1%97970.8
Chaves County+7.9%92921.5
Curry County+7.2%156783.3
Taos County+6.6%1461384.2
Roosevelt County+5.6%31311.7
Lea County+5.4%2112112.8
Eddy County+3.9%1291262.1
Torrance County+3.8%000.0
Union County+0.6%000.0
Quay County−1.0%000.0

Permits by year, 1995–2025

Housing units authorised in New Mexico by year05,00010,00015,0001995: 11,009 units (8,619 single-family, 2,390 in multi-unit buildings)19951996: 10,180 units (8,842 single-family, 1,338 in multi-unit buildings)1997: 10,265 units (8,182 single-family, 2,083 in multi-unit buildings)1998: 10,312 units (9,217 single-family, 1,095 in multi-unit buildings)1999: 9,716 units (8,595 single-family, 1,121 in multi-unit buildings)2000: 8,869 units (8,190 single-family, 679 in multi-unit buildings)20002001: 9,989 units (8,950 single-family, 1,039 in multi-unit buildings)2002: 12,066 units (10,361 single-family, 1,705 in multi-unit buildings)2003: 13,759 units (11,865 single-family, 1,894 in multi-unit buildings)2004: 12,555 units (11,674 single-family, 881 in multi-unit buildings)2005: 14,180 units (13,417 single-family, 763 in multi-unit buildings)20052006: 13,573 units (12,294 single-family, 1,279 in multi-unit buildings)2007: 9,206 units (8,234 single-family, 972 in multi-unit buildings)2008: 6,070 units (5,224 single-family, 846 in multi-unit buildings)2009: 4,642 units (4,140 single-family, 502 in multi-unit buildings)2010: 4,533 units (4,006 single-family, 527 in multi-unit buildings)20102011: 4,067 units (3,399 single-family, 668 in multi-unit buildings)2012: 4,672 units (3,220 single-family, 1,452 in multi-unit buildings)2013: 5,161 units (3,568 single-family, 1,593 in multi-unit buildings)2014: 4,799 units (4,055 single-family, 744 in multi-unit buildings)2015: 4,599 units (3,925 single-family, 674 in multi-unit buildings)20152016: 4,863 units (3,816 single-family, 1,047 in multi-unit buildings)2017: 4,741 units (4,114 single-family, 627 in multi-unit buildings)2018: 4,813 units (4,394 single-family, 419 in multi-unit buildings)2019: 5,020 units (4,285 single-family, 735 in multi-unit buildings)2020: 5,219 units (4,418 single-family, 801 in multi-unit buildings)20202021: 7,753 units (5,465 single-family, 2,288 in multi-unit buildings)2022: 8,633 units (7,155 single-family, 1,478 in multi-unit buildings)2023: 8,511 units (6,835 single-family, 1,676 in multi-unit buildings)2024: 7,572 units (6,488 single-family, 1,084 in multi-unit buildings)2025: 7,747 units (6,296 single-family, 1,451 in multi-unit buildings)2025

Housing units authorised in New Mexico by yearsingle-family2+ unit buildings

Source: Federal Housing Finance Agency annual state and county house price indexes (updated March 31, 2026); Census Bureau Building Permits Survey annual state and county files. Public domain. Methodology.