Taos, NM metro area Housing Market

Cold Market

Comprehensive housing market data for the Taos, NM metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: January 2026

Median Sale Price

$447K

1.6% YoY

Days on Market

85 days

7.6% YoY

Active Inventory

232

19.0% YoY

Homes Sold

25

8.7% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Taos, NM metro area Market Summary

The Taos, NM metro area housing market is cooling down. As of January 2026, the median home sale price is $447K, up 1.6% year-over-year. Homes are spending a median of 85 days on the market, 7.6% longer than a year ago.

There are 232 homes for sale — 19.0% more than last year. With 9.3 months of supply, this is a buyer's market. 26 new listings were added during this period, down 27.8% year-over-year.

Homes are selling for 92.4% of their list price on average, suggesting room for negotiation. 0.0% of homes sell above their asking price. 16.4% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

88

Contributing Factors

Months of Supply 9.3
Days on Market 85
Price Drops 16.4%
Sale-to-List Ratio 92.4%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $423K) 5.7%
Days on Market (National: 66) 28.8%
Inventory (National: 1,210,379) 100.0%

vs. New Mexico Median

Median Price (New Mexico: $346K) 29.3%
Days on Market (New Mexico: 81) 4.9%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price.

Taos, NM metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$795K

Price per Sq Ft

$325

Sale-to-List Ratio

92.4%

Months of Supply

9.3

Sold Above List

0.0%

Price Drops

16.4%

New Listings

26

27.8% YoY

Pending Sales

27

Off Market in 2 Weeks

0.0%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.