25Alpha

Colfax County, NM Housing Market Brief

county · NM · score computed October 2026

Buyer's

What is Colfax County, NM’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum27%
●9
Inventory Health—No data
—
Affordability27%
●42
Economic Strength27%
●13
Rental Yield20%
●40

Where is Colfax County, NM in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Colfax County, NM is classified as Recovering — turning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Colfax County, NM?

County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Colfax County, NM housing market data

MetricValueYoYSource
Median Sale Price$424K▼ -2.3%Redfin
Median Days on Market116 days▲ +20.8%Redfin
Months of Supply7.8▲ +21.9%Redfin
Homes for Sale199▲ +4.2%Redfin
Homes Sold26▼ -13.3%Redfin
Median Price / Sq Ft$263▼ -7.9%Redfin

How has Colfax County, NM’s Alpha Score moved?

Now: 25
2-period trend
Median sale price · 12 mo

Markets like Colfax County, NM

Frequently asked questions

Is Colfax County, NM a buyer's or seller's market?

In the scores computed October 2026, Colfax County, NM is classified as a Buyer's Market, based on its Alpha Score of 25 out of 100. It is based on the 4 of five dimensions we can measure for this market — price, affordability, economic, and rental-yield — whose weights are scaled up to cover the whole score. The rest are not measured here and are left out rather than filled in with a placeholder.

Are home prices rising or falling in Colfax County, NM?

The median sale price in Colfax County, NM is $424K, having fallen 2.3% over the past year, according to Redfin.

How affordable is Colfax County, NM?

Colfax County, NM scores 42 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Colfax County, NM's Alpha Score?

Colfax County, NM's strongest dimension is Affordability (42/100) and its weakest is Price Momentum (9/100). The Alpha Score is a weighted blend of five dimensions; 4 of them have data for this market.

Want the live, interactive view of Colfax County, NM? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.