Kirtland, NM—87417
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kirtland, NM
As of Oct '25, the median home price in Kirtland, NM is $212,000, with a year-over-year change of -2.2%. This indicates that home prices in Kirtland, NM are decreasing. 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 | $212,000 | -2.2% |
| Single Family | $211,000 | -2.8% |
| 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 | $241,000 | 3.9% |
4 Bed | $292,000 | 5.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Kirtland, NM
Kirtland, 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 — Kirtland, NM
As of Oct '25, Realtor.com reports that the median days on market for a home in Kirtland, NM is 154. This is a increase of 134.0% 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 | $559,000 | 87.0% |
Listing Count | 2 | -62.0% |
| Listings as % of Homes | 0.2% | -62.0% |
Days on Market | 154 | 134.0% |
Demographics — Kirtland, NM
As of the latest ACS Survey released in 2023, Kirtland, NM has a population of 6,510, which has increased by 14.1% over the past 5 years. Kirtland, NM is a popular place for families, as children make up 27.5% of the population. The area has a poorly educated workforce, with 10.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,510 | 14.1% |
% Under 18 | 27.5% | -7.1% |
% Seniors | 16.3% | 10.9% |
% WFH | 4.0% | 53.8% |
% w/ College Degree | 10.7% | -7.0% |
As of the latest ACS Survey released in 2023, Kirtland, NM is a predominantly white area, with 35.4% of the population identifying as white. The white population has grown by 6.0% in the last 5 years. The second most common race or ethnicity in Kirtland, NM is hispanic, making up 6.1% of the population. Foreign-born residents account for 2.3% of the population in Kirtland, NM, and this percentage has increased by 43.8% 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 | 35.4% | 6.0% |
% Black | 0.4% | 100.0% |
% Hispanic | 6.1% | -39.0% |
% Asian | 0.3% | -76.9% |
% Foreign Born | 2.3% | 43.8% |
Mortgage and Risk — Kirtland, NM
According to HUD data as of 2023, there were 33 mortgage originations in Kirtland, NM, of which 55.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Kirtland, NM. Investor activity is low, as 3.0% of loans were by investors. 24.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 33 |
% Conventional Loans | 55.0% |
% Government Loans | 45.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 24.0% |
Loan Activity
Rentals and Section 8 — Kirtland, NM
Kirtland, NM lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 12 |
Total Units Section 8 | 12 |
% Rentals under Section 8 | 2.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $770 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,310 |
| 4 Bedroom | N/A | N/A | $1,420 |
Affordability — Kirtland, NM
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $212,000 |
| Median Household Income | $65,400 |