Real Estate Price Maphome prices by county

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…

Data as of · by the Real Estate Price Map data team · methodology & sources

Colfax County is falling and overvalued — affordable for what people here earn.

Momentum-4.1%Falling
Valuation+22%Elevated
Affordability7/10Affordable
Market84 daysBuyer's market

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

Typical value$250,0812026-05
1-year-4.1%
5-year+17.3%
10-year+49.5%
Since 2000n/a
Population12k2024
Median income$54,2552023 · 4.6× income
Price / sq ft$297listings
Days on market842026-06
Active listings2612026-06
Price cuts16%of listings

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 →

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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?
The typical home in Colfax County is worth $250,081 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Colfax County rising or falling?
Prices are down -4.1% over the past year and n/a since 2000 — a buyer's market.
Is Colfax County affordable?
At 4.6× the local median income of $54,255, Colfax County is pricier than the typical US county.
How fast do homes sell in Colfax County?
Homes here take a median of 84 days to sell, with 16% of listings cutting their asking price.
Median home value by year
YearMedian 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