New Mexico 3rd District — Elections Intelligence

FTP RACE SIGNAL

The market prices this seat about where its history left it — a 13-point Democratic hold in 2024, priced at 94.9¢ today.

Likely D

SAFE DLIKELY DLEAN DTOSS-UPLEAN RLIKELY RSAFE R

Market · Likely DD 94.9¢ — traders' price for a Democratic hold.Prior result · Likely DD+12.57 in 2024.

Signal clarityMediumas of 2026-08-27

MARKET BandPRICEToss-up50–65¢Lean65–82¢Likely82–95¢Safe95¢ and above

D 94.9¢

Kalshi party market · checked Aug 27

POLLING BandPOINTSToss-up0–5Lean5–10Likely10–20Safe20 and above

—

No qualifying general-election poll has been retrieved for this race.

PRIOR RESULT BandPOINTSToss-up0–5Lean5–12Likely12–25Safe25 and above

D+12.57

Teresa Leger Fernandez (D)

56.29 — 43.71 · 2024 general election

def. Sharon E. Clahchischilliage (R). Margin verified against retrieved official results.

FUNDRAISING BandRATIO TO 1Parity1–5Lean5 and above

2.8 to 1

Teresa Leger Fernández$1.25M

Martin Zamora$440.6K

PULLED 08-04 · PERIOD 06-30 · FEC

Total receipts this cycle. Parity — neither campaign leads by enough for fundraising to take a place on the spectrum.