Waterflow, NM 87416 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Waterflow, NM—87416

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$259,000

0.5% YoY Growth

Household Income

$41,900

7.5% YoY Growth

Days on Market

188.0% Longer YoY

Home Price Forecast

2.4%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Other Zip Codes in Waterflow, NM

87421

Home Price Trends — Waterflow, NM

As of Dec '25, the median home price in Waterflow, NM is $259,000, with a year-over-year change of -0.5%. This indicates that home prices in Waterflow, NM are flat. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$259,000	-0.5%
Single Family	$259,000	0.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Waterflow, NM

Waterflow, 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

Studio

1.1%

1 Bedroom

6.0%

2 Bedrooms

21.1%

3 Bedrooms

59.4%

4 Bedrooms

11.3%

5+ Bedrooms

1.1%

Property Listings — Waterflow, NM

Waterflow, NM lacks sufficient listing trend data for analysis.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$170,000	-39.0%
Listing Count	2	-14.0%
Listings as % of Homes	N/A	-14.0%
Days on Market	96	188.0%

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Demographics — Waterflow, NM

As of the latest ACS Survey released in 2023, Waterflow, NM has a population of 4,350, which has decreased by -19.2% over the past 5 years. Waterflow, NM is a moderately popular place for families, as children make up 20.6% of the population. The area has a poorly educated workforce, with 12.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	4,350	-19.2%
% Under 18	20.6%	-28.2%
% Seniors	16.9%	61.0%
% WFH	5.0%	194.1%
% w/ College Degree	12.9%	38.7%

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As of the latest ACS Survey released in 2023, Waterflow, NM is a predominantly hispanic area, with 4.4% of the population identifying as hispanic. The hispanic population has shrunk by 6.4% in the last 5 years. The second most common race or ethnicity in Waterflow, NM is white, making up 4.2% of the population. Foreign-born residents account for 1.8% of the population in Waterflow, NM, and this percentage has increased by 1700.0% 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	4.2%	-61.5%
% Black	0.0%	-100.0%
% Hispanic	4.4%	-6.4%
% Asian	0.6%	∞%
% Foreign Born	1.8%	1,700.0%

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Mortgage and Risk — Waterflow, NM

According to HUD data as of 2023, there were 11 mortgage originations in Waterflow, NM, of which 55.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Waterflow, NM. Investor activity is low, as 9.0% of loans were by investors. 45.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	11
% Conventional Loans	55.0%
% Government Loans	45.0%
% Investor Loans	9.0%
% Second Loans	0.0%
% Cash Out Refinance	45.0%

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Rentals and Section 8 — Waterflow, NM

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

Section 8 Market Size

Total Units under HUD	3
Total Units Section 8	3
% Rentals under Section 8	1.1%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$970
2 Bedroom	N/A	N/A	$1,170
3 Bedroom	N/A	N/A	$1,640
4 Bedroom	N/A	N/A	$1,780

Waterflow, NM—87416

Key Metrics at a Glance

Other Zip Codes in Waterflow, NM

Home Price Trends — Waterflow, NM

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Waterflow, NM

% of Rental Stock

Property Listings — Waterflow, NM

Demographics — Waterflow, NM

Race and Ethnicity

Mortgage and Risk — Waterflow, NM

Mortgages

Rentals and Section 8 — Waterflow, NM

Section 8 Market Size

Section 8 Opportunity

Affordability — Waterflow, NM

Home Price to Income Ratio

Waterflow, NM — ZIP Code Boundary Map

Nearby ZIP Codes

Kirtland, NM

Waterflow, NM

Farmington, NM

Tsaya

Farmington, NM

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.7
Median Home Price	$259,000
Median Household Income	$41,900

Waterflow, NM—87416

Key Metrics at a Glance

Other Zip Codes in Waterflow, NM

Home Price Trends — Waterflow, NM

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Waterflow, NM

% of Rental Stock

Property Listings — Waterflow, NM

Demographics — Waterflow, NM

Race and Ethnicity

Mortgage and Risk — Waterflow, NM

Mortgages

Rentals and Section 8 — Waterflow, NM

Section 8 Market Size

Section 8 Opportunity

Affordability — Waterflow, NM

Home Price to Income Ratio

Waterflow, NM — ZIP Code Boundary Map

Nearby ZIP Codes

Kirtland, NM

Waterflow, NM

Farmington, NM

Tsaya

Farmington, NM

Frequently Asked Questions

What is the average home price in Waterflow, NM 87416?

How have home prices in Waterflow, NM 87416 changed over the past year?

What is the home price projection for Waterflow, NM 87416?

What are the demographics of Waterflow, NM 87416?

How long does it take homes to sell in Waterflow, NM 87416?

What is the average rent price in Waterflow, NM 87416?