44Alpha

Sierra County, NM Housing Market Brief

county · NM · score computed October 2026

Balanced

What is Sierra County, NM’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum27%
●86
Inventory Health—No data
—
Affordability27%
●25
Economic Strength27%
●15
Rental Yield20%
●52

Where is Sierra County, NM in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Sierra County, NM is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Sierra County, NM?

County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Sierra County, NM housing market data

MetricValueYoYSource
Median Sale Price$267K▲ +21.6%Redfin
Median Days on Market204 days▲ +60.6%Redfin
Months of Supply16.3▲ +123.3%Redfin
Homes for Sale84▲ +27.3%Redfin
Homes Sold5▼ -44.4%Redfin
Median Price / Sq Ft$168▲ +12.8%Redfin

How has Sierra County, NM’s Alpha Score moved?

Now: 44
2-period trend
Median sale price · 12 mo

Markets like Sierra County, NM

Frequently asked questions

Is Sierra County, NM a buyer's or seller's market?

In the scores computed October 2026, Sierra County, NM is classified as a Balanced Market, based on its Alpha Score of 44 out of 100. It is based on the 4 of five dimensions we can measure for this market — price, affordability, economic, and rental-yield — whose weights are scaled up to cover the whole score. The rest are not measured here and are left out rather than filled in with a placeholder.

Are home prices rising or falling in Sierra County, NM?

The median sale price in Sierra County, NM is $267K, having risen 21.6% over the past year, according to Redfin.

How affordable is Sierra County, NM?

Sierra County, NM scores 25 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Sierra County, NM's Alpha Score?

Sierra County, NM's strongest dimension is Price Momentum (86/100) and its weakest is Economic Strength (15/100). The Alpha Score is a weighted blend of five dimensions; 4 of them have data for this market.

Want the live, interactive view of Sierra County, NM? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.