Taos County, New Mexico Housing Market
In Taos County, New Mexico, the median home value is $382,800, with a median monthly rent of $1,034. This places Taos County at #331 nationally out of 3134 counties by median home value, and #3 within New Mexico.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $854
- Establishments: 1,338
- BLS QCEW, 2025
Housing Supply
- Single-family: 103
- Multi-family: 2
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 14,413 (avg $61,751)
- Outflow: 13,179 (avg $59,054)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Taos County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 87557 | 246.0 | +7.51% | 2025 |
| 2 | 87571 | 250.1 | -4.00% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Taos County Compares
| Metric | Taos County | New Mexico Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $382,800 | $192,727 | $227,706 |
| Median Gross Rent | $1,034 | $904 | $968 |
| Owner Occupancy Rate | 77.6% | 74.2% | 73.3% |
| Price/Rent Ratio | 30.9 | 17.7 | 18.7 |
Market Analysis
The median home value in Taos County is 98.6% above the New Mexico state average and 68.1% above the U.S. national average. The median rent of $1,034/month is 14.4% above the state average.
With a price-to-rent ratio of 30.9, Taos County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.
Taos County has an owner-occupancy rate of 77.6%, compared to 74.2% in New Mexico and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Nassau County | Florida | $382,800 | $1,526 |
| Sussex County | Delaware | $382,600 | $1,238 |
| Rutherford County | Tennessee | $382,600 | $1,502 |
| Virginia Beach city | Virginia | $382,500 | $1,714 |
| Custer County | Idaho | $381,700 | $691 |
Other Counties in New Mexico
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Santa Fe County | $446,300 | $1,389 | 71.5% |
| Sandoval County | $313,800 | $1,427 | 83.5% |
| Bernalillo County | $292,900 | $1,144 | 64.5% |
| Los Alamos County | $495,800 | $1,375 | 74.8% |
| Rio Arriba County | $243,700 | $740 | 80.0% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).