Deming, NM 88030 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Deming, NM—88030

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$171,000

4.9% YoY Growth

Household Income

$39,500

41.1% YoY Growth

Days on Market

23.0% Longer YoY

Home Price Forecast

-1.9%

Median Rent

$850

0.4% YoY Growth

1-Bed Rent

$500

19.8% YoY Growth

2-Bed Rent

$800

5.1% YoY Growth

3-Bed Rent

$950

21.5% YoY Growth

Home Price Trends — Deming, NM

As of May '25, the median home price in Deming, NM is $155,000, with a year-over-year change of -3.5%. This indicates that home prices in Deming, NM are decreasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$171,000	4.9%
Single Family	$171,000	6.2%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Deming, NM

As of July '25, Rentcast reports the average rent in Deming, NM is $896, with a year-over-year rent change of 0.4%. Per bedroom, the median rent as of July '25 in Deming, NM is studios: $650, 1-bedrooms: $536, 2-bedrooms: $788, 3-bedrooms: $1,300. The most common rental property sizes in Deming, NM are 3-bedroom and 2-bedroom, accounting for 37.9% and 28.3% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$850	$896
Studio Rent	$650	$650
1 Bed Rent	$500	$536
2 Bed Rent	$800	$788
3 Bed Rent	$950	$1,300
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

8.9%

1 Bedroom

19.9%

2 Bedrooms

28.3%

3 Bedrooms

37.9%

4 Bedrooms

5.0%

Property Listings — Deming, NM

As of May '25, Realtor.com reports that the median days on market for a home in Deming, NM is 81. This is a decrease of -33.0% 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 7.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$229,000	-7.0%
Listing Count	107	26.0%
Listings as % of Homes	0.3%	26.0%
Days on Market	81	23.0%

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Demographics — Deming, NM

As of the latest ACS Survey released in 2023, Deming, NM has a population of 24,300, which has increased by 5.6% over the past 5 years. Deming, NM is a popular place for families, as children make up 25.5% of the population. The area has a poorly educated workforce, with 14.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	24,300	5.6%
% Under 18	25.5%	-4.1%
% Seniors	20.8%	2.0%
% WFH	5.2%	4.0%
% w/ College Degree	14.7%	17.6%

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As of the latest ACS Survey released in 2023, Deming, NM is a predominantly hispanic area, with 65.6% of the population identifying as hispanic. The hispanic population has shrunk by 0.3% in the last 5 years. The second most common race or ethnicity in Deming, NM is white, making up 29.8% of the population. Foreign-born residents account for 15.5% of the population in Deming, NM, and this percentage has decreased by 9.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	29.8%	-2.9%
% Black	2.0%	33.3%
% Hispanic	65.6%	-0.3%
% Asian	1.0%	42.9%
% Foreign Born	15.5%	-9.9%

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Mortgage and Risk — Deming, NM

According to HUD data as of 2023, there were 186 mortgage originations in Deming, NM, of which 56.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Deming, NM. Investor activity is low, as 1.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	186
% Conventional Loans	56.0%
% Government Loans	44.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	16.0%

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Rentals and Section 8 — Deming, NM

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

Section 8 Market Size

Total Units under HUD	510
Total Units Section 8	508
% Rentals under Section 8	N/A
% Occupied Section 8	86.7%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$260	$500	$760
2 Bedroom	$130	$800	$930
3 Bedroom	$340	$950	$1,290
4 Bedroom	N/A	N/A	$1,580

Deming, NM—88030

Key Metrics at a Glance

Home Price Trends — Deming, NM

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Deming, NM

% of Rental Stock

Property Listings — Deming, NM

Demographics — Deming, NM

Race and Ethnicity

Mortgage and Risk — Deming, NM

Mortgages

Rentals and Section 8 — Deming, NM

Section 8 Market Size

Section 8 Opportunity

Affordability — Deming, NM

Home Price to Income Ratio

Deming, NM — ZIP Code Boundary Map

Nearby ZIP Codes

City of the Sun

Hurley, NM

Hanover, NM

Bayard, NM

La Mesa, NM

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.2
Median Home Price	$171,000
Median Household Income	$39,500

Deming, NM—88030

Key Metrics at a Glance

Home Price Trends — Deming, NM

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Deming, NM

% of Rental Stock

Property Listings — Deming, NM

Demographics — Deming, NM

Race and Ethnicity

Mortgage and Risk — Deming, NM

Mortgages

Rentals and Section 8 — Deming, NM

Section 8 Market Size

Section 8 Opportunity

Affordability — Deming, NM

Home Price to Income Ratio

Deming, NM — ZIP Code Boundary Map

Nearby ZIP Codes

City of the Sun

Hurley, NM

Hanover, NM

Bayard, NM

La Mesa, NM

Frequently Asked Questions

What is the average home price in Deming, NM 88030?

How have home prices in Deming, NM 88030 changed over the past year?

What is the home price projection for Deming, NM 88030?

What are the demographics of Deming, NM 88030?

How long does it take homes to sell in Deming, NM 88030?

What is the average rent price in Deming, NM 88030?