Is Tierra Amarilla, NM 87575 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Tierra Amarilla is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Tierra Amarilla housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Rio Arriba County, NM

Population	938
Median income	$98,329
Average income	$114,045
Median home value	$335,500
Owner-occupied	87% of homes
Median year built	1990

Natural hazard riskWildfire (relatively high), winter storms (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 87575; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 87575

Prefilled for 87575Can I win this house?Multiple-offer likelihood for a listing Prefilled for 87575Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Abiquiu 87510Buyer’s market $209 /sq ft Alcalde 87511 — /sq ft Blanco 87412Buyer’s market $156 /sq ft Canjilon 87515 — /sq ft Browse all markets →

Where Tierra Amarilla is

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Questions about Tierra Amarilla real estate

What are property taxes in Tierra Amarilla?

About 0.42% of a home’s value a year in Rio Arriba County, or roughly $1,680 on a $400,000 home.

Local agents

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More tools for 87575

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Rio Arriba County property taxes Rio Arriba County loan limits Closing costs in New Mexico Hottest ZIP codes in New Mexico

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology