Market Snapshot
Paradise Heights, Bernalillo County, NM is a neighborhood market with a median home price of $430,061, a median monthly rent of $1,751, a GRM of 20.0x, and a price-to-rent ratio of 20.5.
Paradise Heights, Bernalillo County, NM
Median Home Price Price
$430,061 $430.1K
Median Monthly Rent Rent
$1,751 $1.8K
20.0x
Home price / annual rentLog in to save this market to your dashboard.
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Explore the data
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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
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Monthly rent
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GRM = home price / annual rent
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Region
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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
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Monthly rent
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GRM = home price / annual rent
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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
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Monthly rent
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GRM = home price / annual rent
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Similar markets map
Paradise Heights
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Benchmark comparison
Rent in Paradise Heights, NM is 1.7% higher than Seven Bar North, NM.
Compare to
Seven Bar North, NM
Paradise Heights, NM
Seven Bar North, NM
Delta
Median rent
$1,751
$1,722
-$29
Median price
$430,061
$398,734
-$31,327
YoY change
+$114
+$91
-$23
Price-to-rent
20.5x
19.3x
-1.2x
Key takeaways
- Paradise Heights, Bernalillo County, NM has a higher-grm screening profile: At 20.0x 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 $114 year over year.
- Rent in Paradise Heights, NM is 1.7% higher than Seven Bar North, NM.