Bloomfield, NM 87413 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Bloomfield, NM—87413

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$257,000

6.9% YoY Growth

Household Income

$51,200

1.9% YoY Growth

Days on Market

36.0% Shorter YoY

Home Price Forecast

1.9%

Median Rent

$900

25.7% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$900

41.6% YoY Growth

3-Bed Rent

$1,800

5.5% YoY Growth

Home Price Trends — Bloomfield, NM

As of May '26, the median home price in Bloomfield, NM is $257,000, with a year-over-year change of 6.9%. This indicates that home prices in Bloomfield, NM are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$257,000	6.9%
Single Family	$257,000	8.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Bloomfield, NM

As of July '25, Rentcast reports the average rent in Bloomfield, NM is $1,420, with a year-over-year rent change of 25.7%. Per bedroom, the median rent as of July '25 in Bloomfield, NM is 2-bedrooms: $1,300, 3-bedrooms: $1,530. The most common rental property sizes in Bloomfield, NM are 3-bedroom and 2-bedroom, accounting for 39.2% and 26.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$900	$1,420
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$900	$1,300
3 Bed Rent	$1,800	$1,530
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

4.3%

1 Bedroom

19.8%

2 Bedrooms

26.0%

3 Bedrooms

39.2%

4 Bedrooms

10.8%

Property Listings — Bloomfield, NM

As of May '26, Realtor.com reports that the median days on market for a home in Bloomfield, NM is 54. This is a decrease of -36.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$386,000	-9.0%
Listing Count	26	-3.0%
Listings as % of Homes	0.3%	-3.0%
Days on Market	54	-36.0%

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Demographics — Bloomfield, NM

As of the latest ACS Survey released in 2023, Bloomfield, NM has a population of 15,000, which has decreased by -11.7% over the past 5 years. Bloomfield, NM is a popular place for families, as children make up 30.0% of the population. The area has a poorly educated workforce, with 13.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	15,000	-11.7%
% Under 18	30.0%	4.5%
% Seniors	16.5%	17.9%
% WFH	5.8%	190.0%
% w/ College Degree	13.7%	22.3%

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As of the latest ACS Survey released in 2023, Bloomfield, NM is a predominantly white area, with 42.9% of the population identifying as white. The white population has grown by 11.1% in the last 5 years. The second most common race or ethnicity in Bloomfield, NM is hispanic, making up 34.9% of the population. Foreign-born residents account for 4.3% of the population in Bloomfield, NM, and this percentage has decreased by 21.8% 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	42.9%	11.1%
% Black	0.1%	-50.0%
% Hispanic	34.9%	-4.1%
% Asian	0.5%	25.0%
% Foreign Born	4.3%	-21.8%

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Mortgage and Risk — Bloomfield, NM

According to HUD data as of 2023, there were 142 mortgage originations in Bloomfield, NM, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Bloomfield, NM. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	142
% Conventional Loans	63.0%
% Government Loans	37.0%
% Investor Loans	2.0%
% Second Loans	2.0%
% Cash Out Refinance	15.0%

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Rentals and Section 8 — Bloomfield, NM

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

Section 8 Market Size

Total Units under HUD	44
Total Units Section 8	44
% Rentals under Section 8	3.4%
% Occupied Section 8	69.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$790
2 Bedroom	$50	$900	$950
3 Bedroom	-$470	$1,800	$1,330
4 Bedroom	N/A	N/A	$1,440

Bloomfield, NM—87413

Key Metrics at a Glance

Home Price Trends — Bloomfield, NM

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Bloomfield, NM

% of Rental Stock

Property Listings — Bloomfield, NM

Demographics — Bloomfield, NM

Race and Ethnicity

Mortgage and Risk — Bloomfield, NM

Mortgages

Rentals and Section 8 — Bloomfield, NM

Section 8 Market Size

Section 8 Opportunity

Affordability — Bloomfield, NM

Home Price to Income Ratio

Bloomfield, NM — ZIP Code Boundary Map

Nearby ZIP Codes

Tsaya

Kimbeto

Farmington, NM

Farmington, NM

Aztec, NM

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.5
Median Home Price	$257,000
Median Household Income	$51,200

Bloomfield, NM—87413

Key Metrics at a Glance

Home Price Trends — Bloomfield, NM

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Bloomfield, NM

% of Rental Stock

Property Listings — Bloomfield, NM

Demographics — Bloomfield, NM

Race and Ethnicity

Mortgage and Risk — Bloomfield, NM

Mortgages

Rentals and Section 8 — Bloomfield, NM

Section 8 Market Size

Section 8 Opportunity

Affordability — Bloomfield, NM

Home Price to Income Ratio

Bloomfield, NM — ZIP Code Boundary Map

Nearby ZIP Codes

Tsaya

Kimbeto

Farmington, NM

Farmington, NM

Aztec, NM

Frequently Asked Questions

What is the average home price in Bloomfield, NM 87413?

How have home prices in Bloomfield, NM 87413 changed over the past year?

What is the home price projection for Bloomfield, NM 87413?

What are the demographics of Bloomfield, NM 87413?

How long does it take homes to sell in Bloomfield, NM 87413?

What is the average rent price in Bloomfield, NM 87413?