New Mexico real estate: buy or sell with a local AXEN agent
New Mexico has no real estate transfer tax, sale prices are not public, and water, roofs and cooling shape what homes cost to own. Here is what is the same everywhere in New Mexico, and our local guide for each city.
New Mexico cities we cover
Each guide covers the local neighborhoods, costs and rules for that city.
What every New Mexico buyer and seller should know
No transfer tax
New Mexico does not charge a real estate transfer tax.
Non-disclosure state
Sale prices are not public records. Agents price homes from MLS sales.
Seller disclosure
Most sellers fill out a Seller's Property Disclosure Statement.
Water
Outside city water, check the well, the septic and any water rights.
Roofs and cooling
Flat roofs and swamp coolers are common. Inspect both.
Title closings
A title company handles the closing and the money.
AXEN Realty in New Mexico
Every AXEN agent in New Mexico works under a licensed managing broker: Carol Thompson (license REC-2025-0797). See every state on the state brokers page.
Buying? Start with the home buying guide and get pre-approved.
Selling? Read the home selling guide and get your home value.
Moving here? Read buying in a new state.
New Mexico real estate questions
Is there a transfer tax in New Mexico?
No. New Mexico does not charge a real estate transfer tax.
Are home sale prices public in New Mexico?
No. New Mexico is a non-disclosure state, so sale prices are not public records. Your agent uses MLS sales to price homes.
What is a swamp cooler?
An evaporative cooler cools the house with water and air. It uses less power than refrigerated air but needs seasonal service.
Does it cost anything to talk to an AXEN agent in New Mexico?
No. Talking with an AXEN agent about buying or selling in New Mexico is free.