Tierra Verde, Dona Ana County, NM

Median Home Price Price

$420,003 $420K

Median Monthly Rent Rent

$977 $977

36.0x

Market Snapshot

Tierra Verde, Dona Ana County, NM is a neighborhood market with a median home price of $420,003, a median monthly rent of $977, a GRM of 36.0x, and a price-to-rent ratio of 35.8.

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

01 High Range, Dona Ana County, NM
Top recommendation Nearby alternative Lower GRM Lower price Similar rent
High confidence
Price $329K
Rent $981
GRM 28.0x
Explore the data
Region Show
High Range
$329K $981 28.0x
Alameda Southridge Village
$392K $967 34.0x
Sonoma Ranch South
$386K $971 33.0x

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
Dundee, Douglas County, NE
$407K $1.9K 18.0x
Norton Tracts, Minnehaha County, SD
$190K $1.0K 16.0x
Green Spring, Jefferson County, KY
$437K $1.3K 28.0x

Home prices

Monthly rent

GRM = home price / annual rent

Tierra Verde

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Benchmark comparison

Rent in Tierra Verde, NM is 0.4% lower than High Range, NM.

Compare to High Range, NM
Tierra Verde, NM
High Range, NM
Delta
Median rent
$977
$981
+$4
Median price
$420,003
$329,014
-$90,989
YoY change
+$56
+$40
-$16
Price-to-rent
35.8x
27.9x
-7.9x

Key takeaways

  • Tierra Verde, Dona Ana County, NM has a higher-grm screening profile: At 36.0x 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 $56 year over year.
  • Rent in Tierra Verde, NM is 0.4% lower than High Range, NM.