Mesilla Park, Dona Ana County, NM

Median Home Price Price

$354,831 $354.8K

Median Monthly Rent Rent

$624 $624

47.0x

Market Snapshot

Mesilla Park, Dona Ana County, NM is a city market with a median home price of $354,831, a median monthly rent of $624, a GRM of 47.0x, and a price-to-rent ratio of 47.4.

More markets to explore

Top recommendation Nearby alternative Lower GRM Lower price Higher rent
High confidence
Price $214.9K
Rent $958
GRM 19.0x
Explore the data
Region Show
Mesquite
$215K $958 19.0x
$231K $740 26.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

No similar markets found for this scope.

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Similar markets map

Mesilla Park

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Benchmark comparison

Rent in Mesilla Park, NM is 34.9% lower than Mesquite, NM.

Mesilla Park, NM
Mesquite, NM
Delta
Median rent
$624
$958
+$334
Median price
$354,831
$214,880
-$139,951
YoY change
+$21
+$34
+$13
Price-to-rent
47.4x
18.7x
-28.7x

Key takeaways

  • Mesilla Park, Dona Ana County, NM has a higher-grm screening profile: At 47.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $21 year over year.
  • Rent in Mesilla Park, NM is 34.9% lower than Mesquite, NM.