How Much Does Real Estate License Cost in New Mexico?
New Mexico pricing is near the national average. Updated for 2026.
Real Estate License Pricing in New Mexico
In New Mexico, the average cost for real estate license is $900 total cost, which is 10% lower than the national average of $1,000. Most New Mexico residents pay between $450 and $1,800.
New Mexico has costs that track closely with the national average, though prices can still vary between urban and rural areas within the state.
Getting a real estate license involves pre-licensing education, exam fees, license application, and ongoing costs like MLS access and association dues. Requirements vary by state.
New Mexico vs National Average
What Affects Real Estate License Cost in New Mexico?
Breakdown
Pre-licensing course: $200-$700. Exam fee: $50-$150. License application: $50-$200. Total startup: $500-$2,000
Ongoing
MLS access: $300-$600/year. Association dues: $200-$500/year. CE courses: $100-$300/year
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💡 Tips to Save on Real Estate License in New Mexico
- 1.Online pre-licensing courses are 30-50% cheaper than classroom
- 2.Many brokerages cover your startup costs in exchange for a commission split
- 3.Pass the exam the first time — retakes cost $50-$100 each
- 4.Some states require fewer education hours than others
📈 Real Estate License in New Mexico Cost Trends (2020–2024)
Prices have increased +17.8% over the last 5 years
| Year | National Avg | YoY Change |
|---|---|---|
| 2020 | $764 | — |
| 2021 | $796 | +4.2% |
| 2022 | $848 | +6.5% |
| 2023 | $872 | +2.8% |
| 2024 | $900 | +3.2% |
Based on national averages adjusted for annual inflation. Actual costs vary by location and project scope.
💬 What Did You Pay?
Real costs reported by homeowners for Real Estate License in New Mexico
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Frequently Asked Questions
How long does it take to get a real estate license?
2-6 months depending on your state's education requirements and how quickly you complete the coursework and pass the exam.
Real Estate License Cost in Other States
Related Cost Guides for New Mexico
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