Colfax County, NM home prices
Colfax County, NM: the typical home is worth $250,081 as of 2026-05, down -4.1% over the past year and n/a since 2000. Listings run about $297/sq ft…
Colfax County is falling and overvalued — affordable for what people here earn.
Real Estate Price Map scores, derived from the data on this page · how we calculate them
1986: $143,488 → 2026: $250,081 (1.7×) pre-2000 estimated via FHFA index
Market read
At $250,081, homes in Colfax County sit 8% above the New Mexico median ($231,172) and 7% above the US median ($233,954). That ranks #13 of 30 New Mexico counties by price.
Prices are cooling (-4.1% in the last year) — leaning buyer's market.
Homes here take a while to sell — a median 84 days on the market, with 16% of listings cutting their asking price.
At 4.6× local income, that's pricier than the typical US county (~3.8×).
Against the typical US price-to-income and price-to-rent, homes here look ~22% expensive for local incomes and rents.
Home value history
Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →
Nearby counties
Taos County, NM ($447,018) · Las Animas County, CO ($248,304) · Costilla County, CO ($182,456) · Union County, NM ($117,056) · Huerfano County, CO ($280,227) · San Miguel County, NM ($256,244)
Frequently asked questions
What is the average home price in Colfax County, NM?
Are home prices in Colfax County rising or falling?
Is Colfax County affordable?
How fast do homes sell in Colfax County?
| Year | Median home value |
|---|---|
| 2009 | $204,514 |
| 2010 | $197,760 |
| 2011 | $188,176 |
| 2012 | $190,932 |
| 2013 | $185,170 |
| 2014 | $175,389 |
| 2015 | $173,367 |
| 2016 | $164,584 |
| 2017 | $157,229 |
| 2018 | $165,225 |
| 2019 | $174,557 |
| 2020 | $184,830 |
| 2021 | $221,315 |
| 2022 | $254,873 |
| 2023 | $250,302 |
| 2024 | $253,273 |
| 2025 | $258,631 |