Groundwork

Market rankings · New Mexico

Real estate agents and brokers in New Mexico

Every metro area, small-town market and county in New Mexico, ranked by the Groundwork market score for real estate agents and brokers, with competitor counts and household spending for each.

Listings
1,972
73 chain locations (4%)
Official establishments
746
+19.0% since 2019
Household spending a year
$13.9B
On rent and homeowner costs
Listings per 10k households
23.5
23% below the U.S.
Housing spending per listing (U.S. = 100)
129
29% above the U.S.
Rank among states
#11 of 51
Market score 61 · Upper middle

A site report maps the real estate agents and brokers on map listings around any address in New Mexico by name and distance, and the spending within reach.

Free10 actions over 3 days, no card

Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

There are 1,972 real estate agents and brokers on map listings in New Mexico as of September 2026. 73 of them (4%) are chain locations, against 4% across the U.S. Per 10,000 households, that is 23.5, 23% below the U.S. rate of 30.6.

At $16,591 per household (in line with the U.S. average), households in New Mexico spend about $13.9B a year on rent and homeowner costs. Housing spending per office is 29% above the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money real estate agents and brokers take in.

The official count of businesses with payroll classed as offices of real estate agents and brokers in New Mexico was 746 in 2023, up 19.0% from 2019. That is one for every 1,123 households, against one for every 788 across the U.S. Across the U.S., the count rose 20.1% over the same years. Since fiscal 2022, 6 SBA-backed loans worth $3.5M have gone to businesses classed as offices of real estate agents and brokers in New Mexico.

Among the 50 states and DC, New Mexico ranks #11 for real estate agents and brokers, with a Groundwork market score of 61 (upper middle). Of the 4 scored metro areas in or partly in New Mexico, the Las Cruces metro area scores highest (69). Of the 13 scored small-town markets in or partly in New Mexico, the Española area scores highest (77).

Every market in New Mexico for real estate agents and brokers

Download the ranking (CSV)

Numbered by Groundwork market score among the markets based in New Mexico, highest first; the U.S. rank compares each market with every other of its kind. A metro area that crosses a state line is listed in each state it reaches, and numbered only in the state its page is under. How the score works.

Metro areas

Metro areas reaching New Mexico, ranked for real estate agents and brokers by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Las Cruces, NM6917921.1137+4.1%#45 of 387
2Farmington, NM647117.0170−0.9%#66 of 387
3Albuquerque, NM5097425.9121+0.8%#180 of 387
4Santa Fe, NM3826136.990+1.2%#304 of 387

Small-town markets

Small-town markets reaching New Mexico, ranked for real estate agents and brokers by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Española, NM77106.4457−1.0%#16 of 533
2Gallup, NM73125.6479−6.1%#31 of 533
3Hobbs, NM734518.2169+0.2%#36 of 533
4Carlsbad-Artesia, NM694318.2176+0.3%#56 of 533
5Roswell, NM673012.7222−2.7%#66 of 533
6Las Vegas, NM65139.4291−3.2%#75 of 533
7Deming, NM651213.0195−0.2%#82 of 533
8Alamogordo, NM594518.4157+3.7%#149 of 533
9Los Alamos, NM513036.41160.0%#251 of 533
10Clovis, NM366424.6115−3.3%#447 of 533
11Taos, NM354327.7107+0.3%#460 of 533
12Silver City, NM333026.6103−3.4%#476 of 533
13Ruidoso, NM215353.054−2.3%#531 of 533

Counties

Counties in New Mexico, ranked for real estate agents and brokers by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Torrance County, NM8369.9288+6.9%#12 of 2,176
2Valencia County, NM803010.9269+7.2%#25 of 2,176
3Rio Arriba County, NM77106.4457−1.0%#57 of 2,176
4Sandoval County, NM737513.2255+6.9%#129 of 2,176
5McKinley County, NM71125.6479−6.1%#167 of 2,176
6Lea County, NM694518.2169+0.2%#252 of 2,176
7Eddy County, NM684318.2176+0.3%#280 of 2,176
8Cibola County, NM6778.2333−0.6%#294 of 2,176
9Chaves County, NM663012.7222−2.7%#324 of 2,176
10San Miguel County, NM651310.9249−3.2%#346 of 2,176
11Luna County, NM621213.0195−0.2%#474 of 2,176
12Otero County, NM604518.4157+3.7%#564 of 2,176
13Doña Ana County, NM5917921.1137+4.1%#615 of 2,176
14Los Alamos County, NM563036.41160.0%#767 of 2,176
15San Juan County, NM557117.0170−0.9%#783 of 2,176
16Socorro County, NM5359.5270−4.3%#860 of 2,176
17Sierra County, NM50712.9198−1.4%#1,027 of 2,176
18Roosevelt County, NM401520.2136−2.8%#1,568 of 2,176
19Grant County, NM373026.6103−3.4%#1,748 of 2,176
20Curry County, NM364926.4109−3.5%#1,800 of 2,176
21Taos County, NM364327.7107+0.3%#1,801 of 2,176
22Santa Fe County, NM3626136.990+1.2%#1,812 of 2,176
23Bernalillo County, NM3586330.2104−1.4%#1,852 of 2,176
24Colfax County, NM232546.660−1.4%#2,136 of 2,176
25Lincoln County, NM185353.054−2.3%#2,171 of 2,176
Show all 33 counties
Counties in New Mexico, ranked for real estate agents and brokers by Groundwork market score, continued
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
Quay County, NMNot scored613.7195−3.0%
Guadalupe County, NMNot scored00.0n/a−2.2%
Mora County, NMNot scored00.0n/a−3.3%
Hidalgo County, NMNot scored213.5204−5.6%
Union County, NMNot scored213.9197−5.5%
Catron County, NMNot scored15.6467+6.1%
De Baca County, NMNot scored224.4110−2.4%
Harding County, NMNot scored00.0n/a−5.4%

Markets with fewer than 5 real estate agents and brokers on map listings, and counties under 10,000 people, aren’t scored; they’re listed last in each table.

Questions

How many real estate agents and brokers are in New Mexico?

As of September 2026, map listings count 1,972 real estate agents and brokers in New Mexico. 73 of them (4%) are chain locations. The listings count real estate agents and brokerages, commercial brokers included. Official counts show 746 businesses with payroll classed as offices of real estate agents and brokers in 2023, up 19.0% from 2019.

How much do households in New Mexico spend on rent and homeowner costs?

About $13.9B a year, or $16,591 per household. That is in line with the U.S. average (an index of 100, where 100 is the U.S. average). For the 1,972 real estate agents and brokers on map listings, housing spending per office is 29% above the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money real estate agents and brokers take in. It is estimated from the incomes of the 837,414 households in New Mexico and national spending patterns by income.

How does New Mexico compare with the U.S. for real estate agents and brokers?

New Mexico has 23.5 real estate agents and brokers per 10,000 households, 23% below the U.S. rate of 30.6. The index of housing spending per office is 129, where 100 is the U.S. At the U.S. ratio of real estate agents and brokers to household spending, New Mexico would have about 2,548, against 1,972 on map listings. There is one business with payroll in the industry for every 1,123 households, against one for every 788 across the U.S. The official count rose 19.0% from 2019 to 2023, against +20.1% for the U.S.

Which market in New Mexico has the highest market score for real estate agents and brokers?

Among 4 scored metro areas in or partly in New Mexico, the Las Cruces metro area scores highest, at 69 (upper middle). Among 13 scored small-town markets in or partly in New Mexico, the Española area scores highest, at 77 (high). Among 25 scored counties in New Mexico, Torrance County scores highest, at 83 (high). Scores compare each market with others of its kind across the U.S.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. New Mexico scores 61 for real estate agents and brokers (upper middle), #11 of the 50 states and DC.

How can I see the market around a specific site?

Run a Groundwork site report on an address in New Mexico. It maps the real estate agents and brokers on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

Real estate agents and brokers in other states

All 51 states

Top markets for real estate agents and brokers across the U.S. · All business types in New Mexico

Screening a site or an acquisition in New Mexico?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.