Commercial Real Estate Market in Taos, NM
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
136 active listings and 40 off-market properties in Taos, NM. Commercial property asks $1,021/SF to buy and $21.00/SF/Yr to lease.
Market Trends
Taos, NM spans 157.7 square miles in Taos County, New Mexico. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Taos, NM runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Taos, NM runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Taos, NM runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Taos, NM runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 50.8%
- Mixed use 17.9%
- Commercial 17.9%
- Industrial 8.9%
- Civic 4.1%
- Agricultural 0.3%
Largest Zones share of zoned land by district
Single And Two Family Residential Zone
General Commercial Zone
Multifamily Residential Zone
Single Family Residential Zone
Single Family Residential Zone
Taos, NM zones 4,009 acres across 19 districts. Commercial zoning covers 17.9% of zoned land, residential 50.8% and industrial 8.9%. The largest single district is Single And Two Family Residential Zone at 17.2%. For commercial buyers the practical constraint is that only 26.8% of land carries a commercial or industrial designation.
Single And Two Family Residential Zone (R-4)
R-4 residential zone. § 16.16.100.1 Intent and purpose. The R-4 zone is intended for single-family and two-family residential areas where municipal water and wastewater services are supplied. ( Ordinance 99-05 adopted 1999 ; Ordinance 03-07 adopted 2003 )
Market overview
Demographics & Economy
Taos, NM has 11,650 residents in 7,038 households. Density runs 74 people per square mile. Median household income here is $55,833 and median gross rent $1,006 a month.
11,650
Population
7,038
Households
1.7
Avg Household Size
50
Median Age
44%
College-Educated
92%
High-School Grad
157.7 sq mi
ZIP Area
74
Density / Sq Mi
$55,833
Median Household Income
$27,254
Median Earnings
$1,006
Median Rent
$416,800
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Taos?
Commercial property in Taos, NM asks an average of $1,021 per square foot.
How much does it cost to lease commercial space in Taos?
Asking lease rates in Taos, NM average $21.00 per square foot per year.
What zoning applies to commercial property in Taos?
Taos, NM zones 4,009 acres across 19 districts, of which 17.9% is commercial and 8.9% industrial. The largest single district is Single And Two Family Residential Zone at 17.2% of zoned land. R-4 residential zone. § 16.16.100.1 Intent and purpose. The R-4 zone is intended for single-family and two-family residential areas where municipal water and wastewater services are supplied. ( Ordinance 99-05 adopted 1999 ; Ordinance 03-07 adopted 2003 ) Residential zoning covers 50.8% and open space 0%.
Where does Realmo's Taos market data come from?
Realmo compiles Taos, NM figures from 132 active sale listings, 4 active lease listings, 40 tracked off-market properties, the current Taos zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 132 active for-sale and 4 active for-lease listings in Taos, NM. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 4,009 zoned acres across 19 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
