Market Overview
Home Prices in Quemado, NM
The median home value in Quemado, NM is $264,140 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 10% compared to a year ago and down 6.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Quemado are priced36% below average.
Price History
Quemado Home Price Trend
2024
$255,911
$256K
—
2025
$240,175
$240K
-6.1%
2026
$264,140
$264K
+10.0%
City Comparison
Quemado vs. National Median
🏠 Quemado
$264,140
National Median
$410,000
At $264,140, homes in Quemado cost 36% below the national median of $410,000. This makes Quemado a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Quemado?
20% Down Payment
$52,828
on $264,140
Monthly P&I
$1,378/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,750/mo
incl. taxes & insurance
Income Needed
$70,000
gross annual (30% rule)
10% Down Option
$26,414
+ PMI applies
Loan Amount (20% dn)
$211,312
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 Quemado, NM?
The median home value in Quemado is $264,140 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 10% year-over-year.
How much have home prices changed in Quemado?
Over the past year, home values in Quemado have increased by 10%.
How much do I need to earn to buy a home in Quemado?
To comfortably afford the median home price of $264,140 with a 20% down payment ($52,828) at today's rates (6.8%), you'd need a gross annual income of approximately $70,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Quemado compare to the national average home price?
The national median home value is approximately $410,000. At $264,140, homes in Quemado are 36% below the national average.