Multi-family home in New Mexico

Search multi-family home records in New Mexico to find the property data you need. Reonomy provides the most comprehensive commercial real estate information available through the aggregation of commercial property records and data. Search through New Mexico commercial property sales records, owner records and tax records. Signup for a free trial to uncover more information and search by filters including sales history, debt and owner.

Popular searches around New Mexico

Reonomy operates the most comprehensive database for New Mexico Multi-family Home and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of New Mexico commercial real estate professionals. Members from New Mexico include brokers, investors and service providers, many of whom specialize in New Mexico Multi-family Home.

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New Mexico multi-family home sold prices and values

The average assessed value of multi-family homes in New Mexico is $171,316. Multi-family home sale prices in New Mexico have a median of $162,167. The last 24 months of sales history has seen 874 sales, with 263 sales greater than $250,000, 83 sales valued at over $1,000,000, and 16 sales valued at over $10,000,000. The average price per square foot of multi-family homes in New Mexico over the last 24 months is $61.

Values and sold prices (last 24 months) United States New Mexico
Average price/sqft $1,160 $86
Median price/sqft $92 $61
Average sold price $1,830,969 $793,221
Median sold price $235,993 $162,167
Number of sales 391,842 874
Number of sales over $250k 189,768 263
Number of sales over $1m 56,662 83
Number of sales over $10m 10,279 16
Average total tax amount $12,886 $12,760
Average assessed value $770,459 $171,316
Average market value $1,523,927 $507,903

New Mexico multi-family home property averages

The average lot size of multi-family homes in New Mexico is 8,101 sf. This is 15% above the United States average. The average building area is 48 sf and the median year built is 1964.

Property averages United States New Mexico
Average lot size 85,456 sf 46,141 sf
Median lot size 6,968 sf 8,101 sf
Average building area 852 sf 102 sf
Median building area 64 sf 48 sf
Median year built 1948 1964
Average number of units 16 45
Median number of units 2 5

New Mexico multi-family home total supply

There are 9,753 multi-family homes in New Mexico. This is 199% below the United States average. The total acerage is 7,709 acres and the aggregate building area for multi-family homes in New Mexico is 434,943 sf.

Supply United States New Mexico
Number of parcels 4,376,278 9,753
Aggregate lot acerage 143,298,268 7,709
Aggregate building area 1,711,306,961 sf 434,943 sf
Aggregate units 49,005,185 117,293

New Mexico multi-family home industrial mortgages

There are 16,545 mortgages for multi-family homes across New Mexico in the Reonomy database. The average value of those mortgages is $2,035,967. This is 38% above the United States average.

Debt United States New Mexico
Number of mortgages 10,663,802 16,545
Average value of mortgages $1,379,229 $2,035,967

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