Mountainair, NM—87036
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mountainair, NM
As of Oct '25, the median home price in Mountainair, NM is $171,000, with a year-over-year change of -2.6%. This indicates that home prices in Mountainair, NM are decreasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $171,000 | -2.6% |
| Single Family | $171,000 | -2.3% |
| 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 — Mountainair, NM
Mountainair, NM lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,850 | $1,850 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,850 | $1,850 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Mountainair, NM
As of Oct '25, Realtor.com reports that the median days on market for a home in Mountainair, NM is 107. This is a decrease of -18.0% from last year, suggesting that homes are sitting on the market shorter 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 | $184,000 | -4.0% |
Listing Count | 12 | 36.0% |
| Listings as % of Homes | 0.7% | 36.0% |
Days on Market | 107 | -18.0% |
Demographics — Mountainair, NM
As of the latest ACS Survey released in 2023, Mountainair, NM has a population of 2,050, which has increased by 26.8% over the past 5 years. Mountainair, NM is a moderately popular place for families, as children make up 18.5% of the population. The area has a moderately educated workforce, with 28.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,050 | 26.8% |
% Under 18 | 18.5% | 1.1% |
% Seniors | 39.2% | 58.1% |
% WFH | 22.6% | 71.2% |
% w/ College Degree | 28.8% | 16.6% |
As of the latest ACS Survey released in 2023, Mountainair, NM is a predominantly white area, with 46.6% of the population identifying as white. The white population has shrunk by 9.3% in the last 5 years. The second most common race or ethnicity in Mountainair, NM is hispanic, making up 41.4% of the population. Foreign-born residents account for 3.6% of the population in Mountainair, NM, and this percentage has decreased by 12.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 46.6% | -9.3% |
% Black | 10.9% | 2,625.0% |
% Hispanic | 41.4% | -10.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 3.6% | -12.2% |
Mortgage and Risk — Mountainair, NM
According to HUD data as of 2023, there were 17 mortgage originations in Mountainair, NM, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Mountainair, NM. Investor activity is low, as 6.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 17 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 6.0% |
% Second Loans | 12.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Mountainair, NM
Mountainair, NM lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 11 |
Total Units Section 8 | 11 |
% Rentals under Section 8 | 17.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $910 |
| 2 Bedroom | N/A | N/A | $1,100 |
| 3 Bedroom | -$300 | $1,850 | $1,550 |
| 4 Bedroom | N/A | N/A | $1,860 |
Affordability — Mountainair, NM
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | $171,000 |
| Median Household Income | $49,300 |