Real Estate Price Maphome prices by county

Sierra County, NM home prices

Sierra County, NM: the typical home is worth $190,963 as of 2026-05, up +0.6% over the past year and n/a since 2000. Listings run about $177/sq ft. Rent…

Data as of · by the Real Estate Price Map data team · methodology & sources

Sierra County is flat and overvalued — affordable for what people here earn.

Momentum+0.6%Flat
Valuation+25%High bubble risk
Affordability7/10Affordable
Market97 daysBuyer's market

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1997: $170,994 → 2026: $190,963 (1.1×) pre-2000 estimated via FHFA index

Typical value$190,9632026-05
1-year+0.6%
5-year+16.1%
10-year+40.6%
Since 2000n/a
Population11k2024
Median income$40,4982023 · 4.7× income
Price / sq ft$177listings
Days on market972026-06
Active listings952026-06
Price cuts13%of listings

Market read

At $190,963, homes in Sierra County sit 17% below the New Mexico median ($231,172) and 18% below the US median ($233,954). That ranks #20 of 30 New Mexico counties by price.

Prices are holding steady (+0.6% in the last year) — a balanced market.

Homes here take a while to sell — a median 97 days on the market, with 13% of listings cutting their asking price.

At 4.7× local income, that's pricier than the typical US county (~3.8×).

Against the typical US price-to-income and price-to-rent, homes here look ~25% expensive for local incomes and rents.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

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Nearby counties

Dona Ana County, NM ($288,334) · Socorro County, NM ($200,652) · Luna County, NM ($168,600) · Grant County, NM ($183,311) · Catron County, NM ($240,809) · Otero County, NM ($232,095)

Frequently asked questions

What is the average home price in Sierra County, NM?
The typical home in Sierra County is worth $190,963 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Sierra County rising or falling?
Prices are up +0.6% over the past year and n/a since 2000 — a balanced market.
Is Sierra County affordable?
At 4.7× the local median income of $40,498, Sierra County is pricier than the typical US county.
How fast do homes sell in Sierra County?
Homes here take a median of 97 days to sell, with 13% of listings cutting their asking price.
Median home value by year
YearMedian home value
2010$175,406
2011$168,702
2012$160,302
2013$151,627
2014$144,962
2015$134,237
2016$135,280
2017$127,314
2018$125,462
2019$132,805
2020$142,534
2021$170,435
2022$188,069
2023$187,414
2024$189,063
2025$188,328