37Alpha

Colfax County, NM Housing Market Brief

county · NM · as of May 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 Momentum20%
-19.530
Inventory Health25%
+12.238
Affordability20%
39
Economic Strength20%
+4.425
Rental Yield15%
58

Where is Colfax County, NM in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

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

Colfax County, NM housing market data

MetricValueYoY
Median Sale Price$295K-1.3%
Median Days on Market95 days▲ +66.7%
Months of Supply18.5▲ +63.7%
Homes for Sale185▲ +8.8%
Homes Sold10-33.3%
Median Price / Sq Ft$229-6%
Sale-to-List Ratio84.7%

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

Now: 37
3-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?

As of May 2026, Colfax County, NM is classified as a Buyer's Market, based on its Alpha Score of 37 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

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

The median sale price in Colfax County, NM is $295K, having fallen 1.3% over the past year.

How affordable is Colfax County, NM?

Colfax County, NM scores 39 out of 100 on affordability — relatively unaffordable 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 Rental Yield (58/100) and its weakest is Economic Strength (25/100). The Alpha Score is a weighted blend of all five dimensions.

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.