Cuba, NM—87013
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cuba, NM
As of Oct '25, the median home price in Cuba, NM is $211,000, with a year-over-year change of 6.8%. This indicates that home prices in Cuba, NM are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $211,000 | 6.8% |
| Single Family | $211,000 | 6.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cuba, NM
Cuba, NM lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Cuba, NM
As of Oct '25, Realtor.com reports that the median days on market for a home in Cuba, NM is 206. This is a increase of 87.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $220,000 | 22.0% |
Listing Count | 2 | -33.0% |
| Listings as % of Homes | 0.1% | -33.0% |
Days on Market | 206 | 87.0% |
Demographics — Cuba, NM
As of the latest ACS Survey released in 2023, Cuba, NM has a population of 5,310, which has remained stable by -0.7% over the past 5 years. Cuba, NM is a popular place for families, as children make up 29.7% of the population. The area has a poorly educated workforce, with 8.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,310 | -0.7% |
% Under 18 | 29.7% | 4.9% |
% Seniors | 13.6% | -15.5% |
% WFH | 10.6% | N/A |
% w/ College Degree | 8.5% | 10.4% |
As of the latest ACS Survey released in 2023, Cuba, NM is a predominantly hispanic area, with 16.4% of the population identifying as hispanic. The hispanic population has grown by 15.5% in the last 5 years. The second most common race or ethnicity in Cuba, NM is white, making up 7.0% of the population. Foreign-born residents account for 1.2% of the population in Cuba, NM, and this percentage has increased by 300.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 7.0% | 40.0% |
% Black | 0.0% | N/A |
% Hispanic | 16.4% | 15.5% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.2% | 300.0% |
Mortgage and Risk — Cuba, NM
According to HUD data as of 2023, there were 11 mortgage originations in Cuba, NM, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Cuba, NM. Investor activity is low, as 0.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 11 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Cuba, NM
Cuba, NM lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 30 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $960 |
| 2 Bedroom | N/A | N/A | $1,170 |
| 3 Bedroom | N/A | N/A | $1,580 |
| 4 Bedroom | N/A | N/A | $1,860 |
Affordability — Cuba, NM
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.8 |
| Median Home Price | $211,000 |
| Median Household Income | $31,200 |