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Featured local agent — Tierra Amarilla, NM

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Tierra Amarilla, NM

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Tierra Amarilla, NM(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Tierra Amarilla, NM Housing Market & Real Estate

Balanced market

Housing market overview · Updated monthly ·

$279,000median sale price

How is the Tierra Amarilla, NM housing market right now?

The median home sale price in Tierra Amarilla, NM is $279,000. Homes sell in an average of 36 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of March 2024 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Tierra Amarilla a buyer's or seller's market?

Balanced market36 avg. days on market

Tierra Amarilla, NM is currently a balanced market and homes selling in about 36 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

36

Average pace

Active listings

Sale-to-list

Below asking

What does the Tierra Amarilla housing market data show?

Current housing market statistics for Tierra Amarilla, NM
MetricValue
Median sale price$279,000
Average days on market36 days
Median price per sq ft$127/sq ft
Homes sold (latest month)1
Market conditionBalanced market

Source: Redfin · Updated monthly

The Tierra Amarilla housing market is currently classified as a balanced market with a median sale price of $279,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 36 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Homes for sale in Tierra Amarilla

Explore homes currently listed for sale in Tierra Amarilla, New Mexico across major real estate platforms.

Who lives in Tierra Amarilla?

Population

637

Median age

28.4 years

Owner-occupied

61.4%

Avg commute

37 min

Source: U.S. Census Bureau ACS

What is it like to live in Tierra Amarilla?

Tierra Amarilla is a community of approximately 1K residents with a median age of 28.4 years.0

Homeownership rates are at 61.4%, showing a blend of owner and renter-occupied properties. The average commute time is 37 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Tierra Amarilla offers a distinctive character that appeals to different lifestyle preferences.

Which public schools serve Tierra Amarilla?

2 schools tracked · 259 students

The largest public schools serving Tierra Amarilla, NM by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

ESCALANTE MIDDLE/HIGH SCHOOL

Grades 7-12 · 165 students

Public

TIERRA AMARILLA ELEMENTARY

Grades PK-6 · 94 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Tierra Amarilla, NM?

Want a head-to-head view? Compare Tierra Amarilla side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Tierra Amarilla?

The median home sale price in Tierra Amarilla is $279,000, down 0.0% from last year.

How long do homes stay on market in Tierra Amarilla?

Homes typically spend 36 days on market before going under contract.

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