San Jose, NM housing market
The typical San Jose home is worth about $320,000, up 13.9% in a year, close to the New Mexico typical home.
Home values, sales, trends and how San Jose compares with the towns next door — updated as new data is published.
San Jose at a glance
Typical home value, 2022–2026
Show as a table
| January | San Jose | New Mexico |
|---|---|---|
| 2023 | $242,000 | $287,000 |
| 2024 | $263,000 | $302,000 |
| 2025 | $282,000 | $313,000 |
| 2026 | $294,000 | $315,000 |
| August 2026 | $320,000 | $318,000 |
San Jose and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| San Jose | $320K | +13.9% | $1,460 | $80,179 |
| Hernandez | — | — | $970 | $26,923 |
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,460
HUD's Fair Market Rent for a two-bedroom in San Jose is $1,460 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in San Jose pay a median of $1,259, so moving in tends to cost more than staying put.
Studio $1,110 · 4 bedrooms $1,940
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (87532; Santa Fe, NM MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.