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📍 Mountainair, NM · Zillow ZHVI · July 2026

Average Home Price in
Mountainair, NM

Albuquerque, NM metro area · Torrance County County

Median Home Value
$171,729
↑ 3.8% year-over-year
vs. National Median
$410,000
Mountainair is 58% below
Est. Monthly Payment
$896/mo
20% down · 6.8% rate
Income Needed
$46K
gross annual (30% rule)
Median Home Value
$171,729
↑ 3.8% year-over-year
Down Payment (20%)$34,346
Monthly P&I$896/mo
With Taxes & Ins.~$1,138/mo
Income Needed$45,520/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Mountainair, NM

The median home value in Mountainair, NM is $171,729 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.8% compared to a year ago and down 1% from two years prior.

Compared to the U.S. national median of $410,000, homes in Mountainair are priced58% below average. Mountainair is part of the Albuquerque, NM metro area.

City Comparison

Mountainair vs. National Median

🏠 Mountainair
$171,729
National Median
$410,000

At $171,729, homes in Mountainair cost 58% below the national median of $410,000. This makes Mountainair a relatively affordable market for buyers seeking value.

Affordability

What Does It Cost to Buy in Mountainair?

20% Down Payment
$34,346
on $171,729
Monthly P&I
$896/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,138/mo
incl. taxes & insurance
Income Needed
$45,520
gross annual (30% rule)
10% Down Option
$17,173
+ PMI applies
Loan Amount (20% dn)
$137,383
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 Mountainair, NM?
The median home value in Mountainair is $171,729 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.8% year-over-year.
How much have home prices changed in Mountainair?
Over the past year, home values in Mountainair have increased by 3.8%.
How much do I need to earn to buy a home in Mountainair?
To comfortably afford the median home price of $171,729 with a 20% down payment ($34,346) at today's rates (6.8%), you'd need a gross annual income of approximately $45,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Mountainair compare to the national average home price?
The national median home value is approximately $410,000. At $171,729, homes in Mountainair are 58% below the national average.
What metro area is Mountainair part of?
Mountainair is part of the Albuquerque, NM metropolitan area. Home prices and market conditions can vary across the broader metro region.