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State, one year

New Mexico in 2025

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

In 2025 the FHFA house price index for New Mexico changed +3.1%, against +2.8% for the United States and +5.4% in 2024.

7,747 housing units were authorised by building permits in the state that year (6,296 single-family), +2.3% on 2024; the national total was 1,431,616.

+3.1%New Mexico index, 2024–2025US +2.8%
7,747housing units permitted in 20256,296 single-family
20 of 26counties with a rising indexmedian county +2.6%
1,431,616units permitted nationally in 2025
← 2024New Mexico overview

Counties in 2025

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

CountyIndex change 2025Units permittedSingle-familyPer 1,000
San Miguel County+14.9%000.0
Cibola County+14.3%000.0
Sierra County+8.3%000.0
Otero County+7.9%330.0
Lea County+6.2%1431431.9
San Juan County+6.2%80800.7
Roosevelt County+5.8%000.0
Eddy County+5.4%2411833.9
McKinley County+5.0%000.0
Valencia County+4.8%2512513.1
Chaves County+3.5%75751.2
Bernalillo County+2.9%1,5606682.3
Curry County+2.7%62221.3
Rio Arriba County+2.6%000.0
Grant County+2.4%000.0
Sandoval County+2.0%1,0198936.4
Doña Ana County+1.9%8337443.6
Union County+0.9%000.0
Santa Fe County+0.8%4952513.2
Taos County+0.1%1051033.0
Colfax County−1.4%000.0
Lincoln County−1.5%1111115.6
Luna County−1.9%220.1
Torrance County−2.5%000.0
Los Alamos County−2.9%15150.8
Socorro County−10.1%000.0
Quay 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.