Market Overview
Home Prices in Aztec, NM
The median home value in Aztec, NM is $279,863 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.8% compared to a year ago and up 0.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Aztec are priced32% below average. Aztec is part of the Farmington, NM metro area.
Over the past five years, Aztec home values have risen by approximately24.9%, reflecting strong long-term appreciation in this market.
Price History
Aztec Home Price Trend
2020
$219,223
$219K
—
2021
$224,119
$224K
+2.2%
2022
$244,626
$245K
+9.2%
2023
$253,543
$254K
+3.6%
2024
$262,011
$262K
+3.3%
2025
$264,411
$264K
+0.9%
2026
$279,863
$280K
+5.8%
City Comparison
Aztec vs. National Median
🏠 Aztec
$279,863
National Median
$410,000
At $279,863, homes in Aztec cost 32% below the national median of $410,000. This makes Aztec a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Aztec?
20% Down Payment
$55,973
on $279,863
Monthly P&I
$1,460/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,854/mo
incl. taxes & insurance
Income Needed
$74,160
gross annual (30% rule)
10% Down Option
$27,986
+ PMI applies
Loan Amount (20% dn)
$223,890
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 Aztec, NM?
The median home value in Aztec is $279,863 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.8% year-over-year.
How much have home prices changed in Aztec?
Over the past year, home values in Aztec have increased by 5.8%. Over five years, prices have risen approximately 24.9%.
How much do I need to earn to buy a home in Aztec?
To comfortably afford the median home price of $279,863 with a 20% down payment ($55,973) at today's rates (6.8%), you'd need a gross annual income of approximately $74,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Aztec compare to the national average home price?
The national median home value is approximately $410,000. At $279,863, homes in Aztec are 32% below the national average.
What metro area is Aztec part of?
Aztec is part of the Farmington, NM metropolitan area. Home prices and market conditions can vary across the broader metro region.