NM-02 House 2026

The chance this seat goes Republican in November, across every listed contract, as a 0–100 chance the Republican wins.

LiveHeld by Democrats · projected hold·$64 traded / 24h·12 contracts·5 exchanges·Margin rank 97 of 435
SEAT PMI · 0–100 · CHANCE REPUBLICANS WIN
8.2Safe D · ▲ 0.7 14d
DEMOCRATEVENREPUBLICAN
Republicans win
8.2
enters as 8.2
Democrats win
91.8
enters as 100 − 91.8 = 8.2

Both legs are aggregated. The Democratic leg is converted as 100 − p, so this seat reads on the same scale as every other.

Control of the House

Does NM-02 decide the House?

No. It is rated Safe D, outside the 37 contested seats.
Democrats already have 225 seats rated safe or likely, 7 past the 218 majority; Republicans have 173 rated safe or likely, 45 short of 218.
Full House picture
Contracts behind this reading · 6 of 12

Sorted by weight

Will Republican win the House race for NM-2? - Greg Cunningham9.9Kalshi ↗ · Republican leg · enters as 9.9weight 67.2%Will the Republican Party win the NM-02 House seat?7.9Polymarket ↗ · Republican leg · enters as 7.9weight 29.7%Will Democratic win the House race for NM-2? - Gabe Vasquez90.7Kalshi ↗ · Democratic leg · enters as 9.3weight 3.1%NM-02 General Election — Greg Cunningham10.0IBKR ↗ · Democratic leg · enters as 90.0weight 0.0%NM-02 General Election — Greg Cunningham9.0IBKR ↗ · Democratic leg · enters as 91.0weight 0.0%NM-02 General Election — Gabriel Vasquez89.0IBKR ↗ · Democratic leg · enters as 11.0weight 0.0%
Show all 12 contracts
Weights are 24h liquidity share · reconciled reading 8.2 · rows open on the exchange
Other New Mexico races this cycle

Also on the ballot