Market Overview
Home Prices in Tucumcari, NM
The median home value in Tucumcari, NM is $82,667 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 9.8% compared to a year ago and down 2.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Tucumcari are priced80% below average.
Over the past five years, Tucumcari home values have risen by approximately6.4%, reflecting steady appreciation in this market.
Price History
Tucumcari Home Price Trend
2020
$69,991
$70K
—
2021
$77,687
$78K
+11.0%
2022
$86,124
$86K
+10.9%
2023
$86,769
$87K
+0.7%
2024
$93,802
$94K
+8.1%
2025
$91,692
$92K
-2.2%
2026
$82,667
$83K
-9.8%
City Comparison
Tucumcari vs. National Median
🏠 Tucumcari
$82,667
National Median
$410,000
At $82,667, homes in Tucumcari cost 80% below the national median of $410,000. This makes Tucumcari a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Tucumcari?
20% Down Payment
$16,533
on $82,667
Monthly P&I
$431/mo
30-yr @ 6.8%
Total Monthly Est.
~$547/mo
incl. taxes & insurance
Income Needed
$21,880
gross annual (30% rule)
10% Down Option
$8,267
+ PMI applies
Loan Amount (20% dn)
$66,134
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 Tucumcari, NM?
The median home value in Tucumcari is $82,667 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 9.8% year-over-year.
How much have home prices changed in Tucumcari?
Over the past year, home values in Tucumcari have decreased by 9.8%. Over five years, prices have risen approximately 6.4%.
How much do I need to earn to buy a home in Tucumcari?
To comfortably afford the median home price of $82,667 with a 20% down payment ($16,533) at today's rates (6.8%), you'd need a gross annual income of approximately $21,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Tucumcari compare to the national average home price?
The national median home value is approximately $410,000. At $82,667, homes in Tucumcari are 80% below the national average.