Waterflow, NM—87421
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Waterflow, NM
Home Price Trends — Waterflow, NM
As of Oct '25, the median home price in Waterflow, NM is $218,000, with a year-over-year change of -3.3%. This indicates that home prices in Waterflow, NM are decreasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $218,000 | -3.3% |
| Single Family | $218,000 | -2.7% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Waterflow, NM
As of Oct '25, Realtor.com reports that the median days on market for a home in Waterflow, NM is 141. This is a decrease of -49.0% 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 | 1 | 0.0% |
| Listings as % of Homes | 0.2% | 0.0% |
Days on Market | 141 | -49.0% |
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% |
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% |
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 |
Loan Activity
No data available
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 |
Affordability — Waterflow, NM
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $218,000 |
| Median Household Income | $49,700 |