Taos, NM Housing Market

Cold Market

Metro-level monthly sale metrics for rental investors — prices, inventory, pace, and negotiation signals. Figures represent the Taos, NM metro area.

Data period: May 2026

Market snapshot

Median sale price
$549K
Median days on market
100 days
Months of supply
7.4
Active inventory
289
Homes sold
39
Sale-to-list ratio
100.0%
Listings with price drop
14.2%
Data month
May 2026

Pair this view with the rental property calculator, DSCR calculator, and cap rate calculator — or browse all calculators.

Rental Investor Snapshot

Labels below come from monthly sale-market indicators only. True cash flow requires local rent, taxes, insurance, vacancy, and expense assumptions — model those in the rental calculator, then sanity-check against sale-speed signals here.

Market temperature
Cooling
Buyer leverage
High
Pricing signal vs. U.S. median
Near U.S. median (price only)
Investor fit (heuristic)
Needs deeper analysis

Watch-outs

  • Slower sales (longer days on market) can mean more time to diligence — but also weaker demand.
  • Higher months of supply usually improves buyer leverage on price and terms.

Suggested next step: Run a rental property analysis with your own rent, financing, vacancy, and expense assumptions — then sanity-check against this market's sale-speed and negotiation signals.

Cold Market

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

Taos, NM market summary

The Taos, NM metro area housing market is cooling down. As of May 2026, the median home sale price is $549K, up 4.6% year-over-year. Homes are spending a median of 100 days on the market, 6.5% shorter than a year ago.

There are 289 homes for sale — 15.1% more than last year. With 7.4 months of supply, this is a buyer's market. 85 new listings were added during this period, up 30.8% year-over-year.

Homes are selling for 100.0% of their list price on average, indicating buyers are paying above asking. 0.0% of homes sell above their asking price. 14.2% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

77

Contributing Factors

Months of Supply 7.4
Days on Market 100
Price Drops 14.2%
Sale-to-List Ratio 100.0%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $450K) 22.0%
Days on Market (National: 42) 138.1%
Inventory (National: 1,460,440) 100.0%

vs. New Mexico Median

Median Price (New Mexico: $396K) 38.8%
Days on Market (New Mexico: 53) 88.7%

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 market trends

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Detailed market metrics

Median list price

$575K

Price per sq ft

$344

Sale-to-list ratio

100.0%

Months of supply

7.4

Sold above list

0.0%

Price drops

14.2%

New listings

85

30.8% YoY

Pending sales

37

Off market in 2 weeks

5.4%

Taos, NM housing market FAQs

What is the median home price in Taos, NM?

For the latest published month, the median sale price in Taos, NM is $549K. Median means half of homes sold above that price and half below — it is a useful benchmark, not a rule for every listing.

Is Taos, NM a buyer's or seller's market?

With about 7.4 months of supply, conditions often favor buyers (inventory is relatively high versus sales pace). That can mean more time to negotiate and compare listings.

How long do homes stay on the market in Taos, NM?

For the latest published month, the median days on market in Taos, NM is 100 days — half of homes went pending faster and half slower.

Is Taos, NM good for rental property investors?

Sale-market stats show how competitive buying is (speed, negotiation, inventory). They do not prove rent performance. Taos, NM can still work for rentals if the numbers work on a deal-by-deal basis — use local rent comps, financing, vacancy, and expenses in the rental property calculator.

How should investors analyze a rental property in Taos, NM?

Start with purchase price, financing, rent, vacancy, operating expenses, and capital repairs. Stress-test rates and rent. Will It Flow’s rental property calculator is built to translate those inputs into cash flow, DSCR, cap rate, and cash-on-cash return for Taos, NM deals.

National context

Step up to the U.S. housing market hub for national trends, then browse top metro markets by sales activity.

Underwrite a Taos, NM deal with real numbers

Use Will It Flow for cash flow, DSCR, cap rate, and cash-on-cash return — free and fast.

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