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Salem, NM Home Values and Rents
The median home value in Salem is $61,500.
- Median home value
- $61,500
- ACS 2020-2024
- Price change, 1 year
- +1.9%
- County index, 2025
- Homeownership
- 74.9%
- NM: 70.0%
Home sale prices in the Las Cruces, NM area
Zillow median sale price, Sep 2026
$313,407-0.9% from a year earlier
Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.
Doña Ana County home price trend
FHFA annual House Price Index for Doña Ana County, 2000 = 100, compared with New Mexico
Show as a table
| Period | Doña Ana County |
|---|---|
| 2025 | 239 |
| 2024 | 235 |
| 2023 | 230 |
| 2022 | 209 |
| 2021 | 179 |
| 2020 | 158 |
| 2019 | 152 |
| 2018 | 145 |
| 2017 | 139 |
| 2016 | 136 |
| 2015 | 133 |
| 2014 | 131 |
| 2013 | 134 |
| 2012 | 135 |
| 2011 | 141 |
Over five years, Doña Ana County prices changed +51.3%, compared with +33.9% for New Mexico.
Source: Federal Housing Finance Agency · Last updated 07/01/2026
Home values by ZIP code
Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index
Swipe the table sideways to see more columns.
| # | ZIP code | Median value | Median rent | 1-year | 5-year |
|---|---|---|---|---|---|
| 1 | 87941 | $61,700 | - | - | - |
Frequently asked questions
- What is the median home value in Salem, NM?
- The median home value in Salem is $61,500, based on the American Community Survey 2020-2024 5-year estimates. The New Mexico median is $248,100.
- Are home prices going up in Salem?
- Home prices in Doñan Ana County changed +1.9% over one year and +51.3% over five years, as of 2025.
- Which ZIP code in Salem has the highest home values?
- ZIP code 87941 has the highest median home value at $61,700.