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State, one year

New Mexico in 2024

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

In 2024 the FHFA house price index for New Mexico changed +5.4%, against +4.9% for the United States and +7.9% in 2023.

7,572 housing units were authorised by building permits in the state that year (6,488 single-family), −11.0% on 2023; the national total was 1,478,000.

+5.4%New Mexico index, 2023–2024US +4.9%
7,572housing units permitted in 20246,488 single-family
23 of 25counties with a rising indexmedian county +7.0%
1,478,000units permitted nationally in 2024
← 2023New Mexico overview2025 →

Counties in 2024

Ranked by the county index change from 2023 to 2024 (FHFA annual county index). Permits are units authorised in 2024; per 1,000 uses the vintage 2025 population.

CountyIndex change 2024Units permittedSingle-familyPer 1,000
Torrance County+17.5%000.0
Socorro County+14.7%000.0
Taos County+13.4%1271253.7
Cibola County+11.0%000.0
Otero County+10.2%660.1
Los Alamos County+9.6%12120.6
Colfax County+8.9%000.0
Roosevelt County+8.5%31311.7
Grant County+8.3%000.0
San Juan County+7.5%78700.6
Valencia County+7.3%2822823.4
Santa Fe County+7.1%2442441.6
Rio Arriba County+7.0%000.0
Chaves County+6.9%88881.4
Eddy County+6.3%1561562.5
Luna County+6.2%770.3
Sandoval County+5.6%1,2781,0408.0
Lea County+5.2%1721722.3
Bernalillo County+4.8%1,3167422.0
McKinley County+4.4%880.1
Doña Ana County+2.2%9648344.2
Lincoln County+1.5%92884.6
Curry County+1.4%169413.6
San Miguel County−0.6%000.0
Sierra County−4.8%000.0
Quay County—000.0
Union County—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.