Tierra Amarilla Housing Market Report January 2025Rio Arriba County, New Mexico

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Housing Prices in Tierra Amarilla, NM

How much do homes in Tierra Amarilla, NM cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$337,450$198/SqFt
+$127,550
+60.8%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Tierra Amarilla has increased by 60.8% since last year.

Summary: The median home list price in Tierra Amarilla was $337,450 in January 2025, up 60.8% from the previous year, and the median price per square foot was $198.

Median List Price By City

Median List Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Los Ojos
+62.5%
Tierra Amarilla
+60.8%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1$135K$135K
0.0%
2$175K$324.9K
+85.7%
3$235K$350K
+48.9%
4$380K$699K
+83.9%
5$220K$749K
+240.5%

Summary: Tierra Amarilla housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +85.7%. The home price for 3 bedroom homes increased by +48.9%. The home price for 4 bedroom homes increased by +83.9%. The home price for 5 bedroom homes increased by +240.5%.

Housing supply in Tierra Amarilla, NM

How many homes are available in Tierra Amarilla, NM?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
13Last MonthJan 2025
122 months agoDec 2024
+8.3 %
Change MoMDec – Jan

Summary: The Tierra Amarilla real estate market had 13 homes for sale in Jan 2025, a 8.3 % increase compared to Dec 2024.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
122
0.0%
222
0.0%
356
+20.0%
422
0.0%
511
0.0%

Summary: Tierra Amarilla housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +20.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Tierra Amarilla, NM cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price1 Home

Under Asking Price0 Home

Insight

If you're buying a home in Tierra Amarilla, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Tierra Amarilla in January 2025, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and and 0% were sold over asking.

Days on Market for Tierra Amarilla, NM

How long does it take to sell a home in Tierra Amarilla, NM?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

Avg time on Rocket Homes in Tierra Amarilla has remained consistent over time.

Summary: During January 2025, 1 homes were sold in Tierra Amarilla; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
179 DaysThis YearJan 2025
279 Days1 year agoJan 2024
-35.7 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in Tierra Amarilla had an average listing age of 179 days in Jan 2025, down by 35.7% compared to the previous year.

Newest Listings in Tierra Amarilla, NM

What homes are available in Tierra Amarilla, NM?

Nearby markets

MLS Disclaimers and Copyright

Based on information from Santa Fe MLS, and Colorado Real Estate Network Inc. for the period 02/01/2023 - 02/01/2025

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Last updated on: 2/7/2025, 1:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Equal Housing PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 1:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.