Quemado, NM87829

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$222,000
4.1% YoY Growth
Median Household Income
$47,800
2.4% 5-Year Growth
Days on Market
133
78.0% Longer than last year
Home Price Forecast
N/A
Median 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

Property Listings — Quemado, NM

As of Oct '25, Realtor.com reports that the median days on market for a home in Quemado, NM is 133. This is a increase of 78.0% 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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$309,000-43.0%
Listing Count
1480.0%
Listings as % of Homes1.0%80.0%
Days on Market
13378.0%
Loading chart...

Demographics — Quemado, NM

As of the latest ACS Survey released in 2023, Quemado, NM has a population of 840, which has increased by 23.0% over the past 5 years. Quemado, NM is a less popular place for families, as children make up 14.6% of the population. The area has a poorly educated workforce, with 13.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 30.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
84023.0%
% Under 18
14.6%-50.7%
% Seniors
46.1%52.1%
% WFH
30.4%∞%
% w/ College Degree
13.2%-44.3%
Loading chart...

As of the latest ACS Survey released in 2023, Quemado, NM is a predominantly white area, with 88.6% of the population identifying as white. The white population has grown by 4.0% in the last 5 years. The second most common race or ethnicity in Quemado, NM is hispanic, making up 9.6% of the population. Foreign-born residents account for 8.2% of the population in Quemado, NM, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
88.6%4.0%
% Black
0.0%N/A
% Hispanic
9.6%-27.3%
% Asian
0.0%N/A
% Foreign Born
8.2%∞%
Loading chart...

Mortgage and Risk — Quemado, NM

According to HUD data as of 2023, there were 27 mortgage originations in Quemado, NM, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Quemado, NM. Investor activity is low, as 4.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
27
% Conventional Loans
74.0%
% Government Loans
26.0%
% Investor Loans
4.0%
% Second Loans
4.0%
% Cash Out Refinance
11.0%

Loan Activity

Loading chart...
Loading chart...

Rentals and Section 8 — Quemado, NM

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

Section 8 Market Size

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

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$760
2 BedroomN/AN/A$930
3 BedroomN/AN/A$1,270
4 BedroomN/AN/A$1,560

Affordability — Quemado, NM

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income RatioN/A
Median Home Price$222,000
Median Household Income$47,800

Quemado, NM — ZIP Code Boundary Map

Loading map...

Frequently Asked Questions