Taos, NM Housing Market

Taos, NM's median home value is $447K, up 3.1% over the past year. Homes here sell in a median 98 days. Its PropertyIQ Score of 22 sits below the state average of 50, marking a market positioned to lag its state over the next three years.

PropertyIQ tracks the Taos, NM housing market through two complementary lenses: price momentum from Zillow home-value trends over 3 and 12 months, and demand pressure from how quickly homes sell and how often sellers cut prices, drawn from Realtor.com. The PropertyIQ Score distills these into one number that predicts how this NM market is set to perform against its state benchmark.

Mountain West markets combine outdoor lifestyle appeal with booming tech and remote-work migration. Cities across Colorado, Utah, Arizona, and Nevada have experienced some of the nation's fastest appreciation, though rising interest rates have introduced new dynamics to these previously red-hot markets. Within the Mountain West, Taos, NM's PropertyIQ Score of 22 runs below the Mountain West norm.

Each month, PropertyIQ updates its score for Taos, NM using four inputs: Zillow ZHVI twelve-month and three-month momentum, Realtor.com median days on market, and the Realtor.com share of listings with price cuts. These four signals are combined into a single 1 to 99 score computed across all metro markets and calibrated so 50 represents the state average, making it a direct read of how this market is positioned to perform relative to its state.

Explore the interactive map to see how Taos, NM compares to neighboring metros, or view the full market dashboard for detailed analytics including time-series trends, score breakdowns, and AI-generated market reports.