Prewitt, NM 87045 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Prewitt, NM—87045

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$155,000

N/A

Household Income

$19,900

12.3% YoY Growth

Days on Market

130

36.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Prewitt, NM

Prewitt, NM lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	N/A	N/A
Single Family	N/A	N/A
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Prewitt, NM

Prewitt, 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

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% of Rental Stock

1 Bedroom

21.9%

2 Bedrooms

6.2%

3 Bedrooms

31.2%

4 Bedrooms

15.6%

5+ Bedrooms

25.0%

Property Listings — Prewitt, NM

As of Dec '25, Realtor.com reports that the median days on market for a home in Prewitt, NM is 130. This is a decrease of -37.0% 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	$155,000	26.0%
Listing Count	5	33.0%
Listings as % of Homes	N/A	33.0%
Days on Market	130	-36.0%

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Demographics — Prewitt, NM

As of the latest ACS Survey released in 2023, Prewitt, NM has a population of 2,440, which has increased by 38.1% over the past 5 years. Prewitt, NM is a popular place for families, as children make up 37.9% of the population. The area has a poorly educated workforce, with 3.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,440	38.1%
% Under 18	37.9%	36.8%
% Seniors	8.7%	-47.6%
% WFH	11.5%	62.0%
% w/ College Degree	3.0%	50.0%

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Prewitt, NM lacks sufficient race and ethnicity data for analysis.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	0.2%	-91.7%
% Black	0.0%	N/A
% Hispanic	0.9%	-71.9%
% Asian	0.0%	N/A
% Foreign Born	0.0%	N/A

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Mortgage and Risk — Prewitt, NM

According to HUD data as of 2023, there were 2 mortgage originations in Prewitt, NM, of which 50.0% of loans were conventional mortgages. The average loan-to-value was 104.0%, with 100.0% above 90% LTV (very high). This implies large mortgage risk in Prewitt, NM. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	2
% Conventional Loans	50.0%
% Government Loans	50.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	0.0%

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Rentals and Section 8 — Prewitt, NM

Prewitt, NM lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	N/A
Total Units Section 8	N/A
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$780
2 Bedroom	N/A	N/A	$930
3 Bedroom	N/A	N/A	$1,150
4 Bedroom	N/A	N/A	$1,240

Prewitt, NM—87045

Key Metrics at a Glance

Home Price Trends — Prewitt, NM

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Prewitt, NM

% of Rental Stock

Property Listings — Prewitt, NM

Demographics — Prewitt, NM

Race and Ethnicity

Mortgage and Risk — Prewitt, NM

Mortgages

Rentals and Section 8 — Prewitt, NM

Section 8 Market Size

Section 8 Opportunity

Affordability — Prewitt, NM

Home Price to Income Ratio

Prewitt, NM — ZIP Code Boundary Map

Nearby ZIP Codes

North Chaves, NM

Toltec

Gonzales, NM

Grants, NM

San Rafael

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	N/A
Median Home Price	N/A
Median Household Income	$19,900

Prewitt, NM—87045

Key Metrics at a Glance

Home Price Trends — Prewitt, NM

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Prewitt, NM

% of Rental Stock

Property Listings — Prewitt, NM

Demographics — Prewitt, NM

Race and Ethnicity

Mortgage and Risk — Prewitt, NM

Mortgages

Rentals and Section 8 — Prewitt, NM

Section 8 Market Size

Section 8 Opportunity

Affordability — Prewitt, NM

Home Price to Income Ratio

Prewitt, NM — ZIP Code Boundary Map

Nearby ZIP Codes

North Chaves, NM

Toltec

Gonzales, NM

Grants, NM

San Rafael

Frequently Asked Questions

What is the average home price in Prewitt, NM 87045?

How have home prices in Prewitt, NM 87045 changed over the past year?

What is the home price projection for Prewitt, NM 87045?

What are the demographics of Prewitt, NM 87045?

How long does it take homes to sell in Prewitt, NM 87045?

What is the average rent price in Prewitt, NM 87045?