Compare two states
Statewide asking prices, inventory and pace side by side. Change either state; the link updates so you can share the comparison.
| Measure, September 2026 | New Mexico | Arizona |
|---|---|---|
| Median listing price | $399,475 | $459,900 |
| Asking price vs. a year ago | −0.1% | −3.5% |
| Homes for sale vs. a year ago | +7.7% | +6.7% |
| Median days on market | 80 days | 65 days |
| Listings with a price cut | 21.5% | 26.7% |
The differences in plain English
- The median asking price in New Mexico ($399,475) is 13.1% lower than in Arizona ($459,900).
- Over the past year, asking prices are down 0.1% in New Mexico and down 3.5% in Arizona.
- Homes for sale are 7.7% above a year ago in New Mexico, and 6.7% above a year ago in Arizona.
- The typical listing spends 80 days on the market in New Mexico, 15 days longer than in Arizona (65).
- 22% of listings in New Mexico have had a price cut, compared with 27% in Arizona.
Source: Realtor.com® Economic Research (50 states and D.C., September 2026). Statewide figures; individual cities and ZIP codes can differ.