Sonoma Ranch South, Dona Ana County, NM

Median Home Price Price

$385,525 $385.5K

Median Monthly Rent Rent

$971 $971

33.0x

Market Snapshot

Sonoma Ranch South, Dona Ana County, NM is a neighborhood market with a median home price of $385,525, a median monthly rent of $971, a GRM of 33.0x, and a price-to-rent ratio of 33.1.

Comparable Markets

Use related neighborhood markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

Explore the data
Region Show
High Range
$329K $981 28.0x
Alameda Southridge Village
$392K $967 34.0x
Picacho Hills
$469K $958 41.0x

Home prices

Monthly rent

GRM = home price / annual rent

No similar markets found for this scope.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Hethwood, Montgomery County, VA Explore deeper
$375K $1.5K 20.0x
Indian Trails, Craighead County, AR
$280K $1.1K 22.0x
Arrowhead Hills, Oklahoma County, OK Explore deeper
$458K $1.3K 30.0x

Home prices

Monthly rent

GRM = home price / annual rent

Sonoma Ranch South

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Benchmark comparison

Rent in Sonoma Ranch South, NM is 1.0% lower than High Range, NM.

Compare to High Range, NM
Sonoma Ranch South, NM
High Range, NM
Delta
Median rent
$971
$981
+$10
Median price
$385,525
$329,014
-$56,511
YoY change
+$38
+$40
+$2
Price-to-rent
33.1x
27.9x
-5.2x

Key takeaways

  • Sonoma Ranch South, Dona Ana County, NM has a higher-grm screening profile: At 33.0x 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 $38 year over year.
  • Rent in Sonoma Ranch South, NM is 1.0% lower than High Range, NM.