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Paradise Hill Housing Market Report March 2025•Bernalillo County, New Mexico
Housing Prices in Paradise Hill, NM
How much do homes in Paradise Hill, NM cost?
Housing Market Conditions
Is Paradise Hill, NM a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Paradise Hill is a Seller's Market
Difference Since March 2024
Since last year, Paradise Hill has remained a Seller's Market.
Insight
Paradise Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$386,200$195/SqFt
+$21,200
+5.8%
Based on all homes sold in the last 12 months
Insight
Homes in Paradise Hill have sold for 5.8% more than they did a year ago.
Summary: The median home sold price in Paradise Hill was $386,200 in March 2025, up 5.8% from last year, and the median price per square foot was $195.
Median Sold Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $168.6K | $171.2K | +1.5% |
| 22 Bedrooms | $230K | $229.2K | -0.3% |
| 33 Bedrooms | $355K | $360K | +1.4% |
| 44 Bedrooms | $403.4K | $427.5K | +5.9% |
| 55+ Bedrooms | $534.9K | $494.3K | -7.6% |
Summary: Paradise Hill housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by +1.5%. The home price for 2 bedroom homes decreased by -0.3%. The home price for 3 bedroom homes increased by +1.4%. The home price for 4 bedroom homes increased by +5.9%. The home price for 5 bedroom homes decreased by -7.6%.
How does Paradise Hill, NM compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Paradise Hill, NM
Housing supply in Paradise Hill, NM
How many homes are available in Paradise Hill, NM?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 68Last MonthMar 2025 | ||
| 622 months agoFeb 2025 | +9.7 % Change MoMFeb – Mar |
Summary: The Paradise Hill real estate market had 68 homes for sale in Mar 2025, a 9.7 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 21Last MonthMar 2025 | ||
| 112 months agoFeb 2025 | +90.9 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 6 | 7 | +16.7% |
| 33 Bedrooms | 34 | 32 | -5.9% |
| 44 Bedrooms | 15 | 18 | +20.0% |
| 55+ Bedrooms | 6 | 10 | +66.7% |
Summary: Paradise Hill housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +16.7%. The inventory for 3 bedroom homes decreased by -5.9%. The inventory for 4 bedroom homes increased by +20.0%. The inventory for 5 bedroom homes increased by +66.7%.
Asking Price vs. Sold Price
How much do homes in Paradise Hill, NM cost?
Over Asking Price3 Homes
At Asking Price9 Homes
Under Asking Price9 Homes
Insight
If you're buying a home in Paradise Hill, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Paradise Hill in March 2025, up by 90.9% month-over-month. Of the 21 sold homes, 43% were sold under asking, 43% were sold at asking, and and 14% were sold over asking.
Days on Market for Paradise Hill, NM
How long does it take to sell a home in Paradise Hill, NM?
Breakdown of Home Sale Times
Under 30 Days18 Homes
30 – 90 Days3 Homes
Over 90 Days0 Home
Insight
Many homes in Paradise Hill are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 21 homes were sold in Paradise Hill; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 14 DaysThis YearMar 2025 | ||
| 15 Days1 year agoMar 2024 | -5.0 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Paradise Hill had an average listing age of 14 days in Mar 2025, down by 5.0% compared to the previous year.
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Newest Listings in Paradise Hill, NM
What homes are available in Paradise Hill, NM?
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MLS Disclaimers and Copyright
Based on information from Southwest Multiple Listing Service, for the period 04/01/2023 - 04/01/2025
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/25/2025, 9:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.