Dona Ana County, New Mexico
Single-family vs. condo trends, market pressure signals, and 5-year price history. Source: Redfin.
Single-Family vs. Condo
Source: Redfin (property-type breakdown)Buyer vs. Seller Market Indicators
Latest month — RedfinInventory ÷ monthly sales. Below 3 = strong seller market; 3-6 balanced; above 6 = buyer market.
Median closing price ÷ original list price. Above 100% = homes routinely closing above asking.
Share of closed sales priced above asking. The single cleanest read on bidder competition.
What does your sqft target cost in Dona Ana County, New Mexico?
$182/sqft median (Redfin)Estimate = (median $/sqft × your sqft) + bed/bath/lot adjustments. Bed and bath adjustments use Appraisal Institute / Fannie Mae standard rules of thumb (~$15K/extra bedroom, ~$20K/extra bathroom vs. a 3bd/2ba baseline; half-bath = half adj). Lot premium is a $1.50/sqft heuristic beyond a 6,000 sqft baseline — accuracy varies sharply by urban infill vs. acreage market. Quality, condition, year built, and HOA are not modeled here. For a deeper county-level hedonic AVM, see AVM Lite.
Rent + invest vs. buy + own — backtested
15-yr rolling history · S&P 500What if you'd started in a recent year? (most-recent 15yr window: 2011–2025)
| Window | Buy wealth | Buy gain | Rent wealth | Rent gain | Wealth delta |
|---|---|---|---|---|---|
| 2011–2025 | $290K | $214K | $1.19M | $888K | $896K rent |
| 2010–2024 | $290K | $214K | $1.21M | $912K | $920K rent |
| 2009–2023 | $290K | $214K | $1.15M | $856K | $863K rent |
| 2008–2022 | $290K | $214K | $828K | $531K | $539K rent |
| 2007–2021 | $290K | $214K | $1.07M | $777K | $785K rent |
| 2006–2020 | $290K | $214K | $917K | $620K | $628K rent |
| 2005–2019 | $290K | $214K | $826K | $529K | $536K rent |
| 2004–2018 | $290K | $214K | $680K | $383K | $391K rent |
Educational tool, not investment or real-estate advice. Past performance does not guarantee future results. Backtests use actual annual total returns including dividends from S&P 500 (Damodaran (NYU Stern) annual total return (with dividends), 1957-present.).
Buyer model: 30-yr fixed mortgage, P&I + property tax + insurance + maintenance (1% of value/yr) + HOA. Selling cost = 6%. Investor model: down payment + annual cashflow surplus invested in the chosen index at that calendar year's actual return.
Tax model: pre-tax comparison. Toggle "after-tax mode" to apply MID, SALT, LTCG, and the Sec 121 capital-gains exclusion.
This calculator does not adjust for: PMI (assumed 20%+ down), differential transaction costs by state, lifestyle factors (commute, schools, kids), illiquidity / forced-sale risk, or insurance availability constraints (e.g., FL/CA wildfire). Consult a fiduciary advisor and tax professional before acting on any of this.
Market Pressure Signals
Derived from Redfin trendMortgage & Price Stress
State HPI + national delinquencyState-grain HPI YoY + drawdown from peak is the cleanest free price-stress proxy. The national delinquency rate gives the macro mortgage-stress backdrop. True county-level mortgage delinquency lives in paid datasets (MBA NDS, CoreLogic LP).
Getting a Mortgage Here
CFPB HMDA 2025Every lender above a size threshold has to report each application and what they did with it. The denial rate here counts only applications a lender actually ruled on — approved or denied. Files the applicant withdrew, and files closed as incomplete, are left out of both halves, so this runs higher than tables that bury them in the denominator. Compare every state and county →
Trends
Up to 5 years of monthly dataMedian Sale Price
Active Inventory
Days on Market
Looking for state-level data? See New Mexico statewide stats →
Verify any number on this page: data sources, formulas, and cross-references →