Market Summary

La Luz, Otero County, NM

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Median Home Price Price

$257,625 $257.6K

Median Monthly Rent Rent

$969 $969

GRM

22.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Otero County

Region Price Rent GRM Display
$239,183 $1,014 20.0x
$220,142 $1,073 17.0x
$183,526 $1,015 15.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NM outside of Otero County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets outside of NM

Region Price Rent GRM Display
$445,632 $2,217 17.0x
$390,808 $1,632 20.0x
$211,151 $1,268 14.0x
$415,114 $1,469 24.0x
$225,691 $904 21.0x
$315,744 $1,342 20.0x
$250,325 $962 22.0x
$260,158 $1,146 19.0x
$353,154 $1,114 26.0x
$235,269 $1,037 19.0x
$218,968 $1,098 17.0x
$233,675 $1,011 19.0x
$354,015 $1,274 23.0x
$187,596 $1,476 11.0x
$185,913 $1,046 15.0x
$372,230 $1,532 20.0x
$187,006 $1,136 14.0x
$165,317 $656 21.0x
$195,368 $1,360 12.0x
$247,692 $962 21.0x
$496,212 $1,761 24.0x
$284,973 $1,142 21.0x
$441,427 $2,246 16.0x
$286,874 $1,241 19.0x
$692,082 $2,384 24.0x
$341,833 $1,529 19.0x
$313,682 $1,019 26.0x
$283,586 $976 24.0x
$158,949 $994 13.0x
$121,484 $790 13.0x
$197,845 $866 19.0x
$269,907 $907 25.0x

Home prices

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Monthly rent

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GRM

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La Luz

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Trend Insights

Median Rent in La Luz, NM is $969, with MoM change +$6 and YoY change +$45 pointing to positive momentum while volatility is low (std $10).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against La Luz, NM.

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Metric
Base market La Luz, NM
Compare market Select a market
Delta vs base
Median rent
$969
N/A
Median price
$257,625
N/A
YoY change
+$45
N/A
Price-to-rent
22.2x
Data unavailable
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