Waterflow, NM 87421 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Waterflow, NM—87421

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$218,000

2.6% YoY Growth

Household Income

$49,700

13.7% YoY Growth

Days on Market

188

36.0% Shorter YoY

Home Price Forecast

2.7%

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

87416

Home Price Trends — Waterflow, NM

As of Dec '25, the median home price in Waterflow, NM is $218,000, with a year-over-year change of -2.6%. This indicates that home prices in Waterflow, NM are decreasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$218,000	-2.6%
Single Family	$218,000	-0.9%
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

5.0%

1 Bedroom

3.4%

2 Bedrooms

37.0%

3 Bedrooms

52.9%

4 Bedrooms

1.7%

Property Listings — Waterflow, NM

As of Dec '25, Realtor.com reports that the median days on market for a home in Waterflow, NM is 172. This is a decrease of -43.0% 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	$455,000	201.0%
Listing Count	0	-33.0%
Listings as % of Homes	0.2%	-33.0%
Days on Market	188	-36.0%

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Demographics — Waterflow, NM

As of the latest ACS Survey released in 2023, Waterflow, NM has a population of 1,590, which has remained stable by 0.3% over the past 5 years. Waterflow, NM is a moderately popular place for families, as children make up 22.9% of the population. The area has a poorly educated workforce, with 7.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,590	0.3%
% Under 18	22.9%	1.3%
% Seniors	13.4%	-14.1%
% WFH	8.9%	111.9%
% w/ College Degree	7.8%	8.3%

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As of the latest ACS Survey released in 2023, Waterflow, NM is a predominantly white area, with 24.1% of the population identifying as white. The white population has grown by 33.1% in the last 5 years. The second most common race or ethnicity in Waterflow, NM is hispanic, making up 12.9% of the population. Foreign-born residents account for 2.8% of the population in Waterflow, NM, and this percentage has increased by 250.0% 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	24.1%	33.1%
% Black	0.0%	N/A
% Hispanic	12.9%	279.4%
% Asian	2.6%	∞%
% Foreign Born	2.8%	250.0%

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Mortgage and Risk — Waterflow, NM

Waterflow, NM lacks sufficient mortgage origination data for analysis.

Mortgages

Metric	Zip Code Average
Total Loan Originations	N/A
% Conventional Loans	N/A
% Government Loans	N/A
% Investor Loans	N/A
% Second Loans	N/A
% Cash Out Refinance	N/A

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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	15
Total Units Section 8	15
% Rentals under Section 8	17.6%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$920
2 Bedroom	N/A	N/A	$1,110
3 Bedroom	N/A	N/A	$1,560
4 Bedroom	N/A	N/A	$1,690

Waterflow, NM—87421

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

Rattlesnake, NM

Farmington, NM

Farmington, NM

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.1
Median Home Price	$218,000
Median Household Income	$49,700

Waterflow, NM—87421

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

Rattlesnake, NM

Farmington, NM

Farmington, NM

Frequently Asked Questions

What is the average home price in Waterflow, NM 87421?

How have home prices in Waterflow, NM 87421 changed over the past year?

What is the home price projection for Waterflow, NM 87421?

What are the demographics of Waterflow, NM 87421?

How long does it take homes to sell in Waterflow, NM 87421?

What is the average rent price in Waterflow, NM 87421?