Market Overview
Home Prices in Artesia, NM
The median home value in Artesia, NM is $248,820 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.3% compared to a year ago and up 1.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Artesia are priced39% below average. Artesia is part of the Carlsbad-Artesia, NM metro area.
Over the past five years, Artesia home values have risen by approximately0.4%, reflecting modest growth in this market.
Price History
Artesia Home Price Trend
2020
$218,317
$218K
—
2021
$247,813
$248K
+13.5%
2022
$246,570
$247K
-0.5%
2023
$235,769
$236K
-4.4%
2024
$238,881
$239K
+1.3%
2025
$243,236
$243K
+1.8%
2026
$248,820
$249K
+2.3%
City Comparison
Artesia vs. National Median
🏠 Artesia
$248,820
National Median
$410,000
At $248,820, homes in Artesia cost 39% below the national median of $410,000. This makes Artesia a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Artesia?
20% Down Payment
$49,764
on $248,820
Monthly P&I
$1,298/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,648/mo
incl. taxes & insurance
Income Needed
$65,920
gross annual (30% rule)
10% Down Option
$24,882
+ PMI applies
Loan Amount (20% dn)
$199,056
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Artesia, NM?
The median home value in Artesia is $248,820 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.3% year-over-year.
How much have home prices changed in Artesia?
Over the past year, home values in Artesia have increased by 2.3%. Over five years, prices have risen approximately 0.4%.
How much do I need to earn to buy a home in Artesia?
To comfortably afford the median home price of $248,820 with a 20% down payment ($49,764) at today's rates (6.8%), you'd need a gross annual income of approximately $65,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Artesia compare to the national average home price?
The national median home value is approximately $410,000. At $248,820, homes in Artesia are 39% below the national average.
What metro area is Artesia part of?
Artesia is part of the Carlsbad-Artesia, NM metropolitan area. Home prices and market conditions can vary across the broader metro region.