Hurley, NM—88043
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hurley, NM
As of Oct '25, the median home price in Hurley, NM is $108,000, with a year-over-year change of -17.8%. This indicates that home prices in Hurley, NM are decreasing. According to Zillow, the 1-year price projection is -3.4%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $108,000 | -17.8% |
| Single Family | $108,000 | -16.9% |
| 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 | $141,000 | -9.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hurley, NM
Hurley, 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 — Hurley, NM
As of Oct '25, Realtor.com reports that the median days on market for a home in Hurley, NM is 84. This is a decrease of -11.0% 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 | $140,000 | 101.0% |
Listing Count | 11 | 30.0% |
| Listings as % of Homes | 0.3% | 30.0% |
Days on Market | 84 | -11.0% |
Demographics — Hurley, NM
As of the latest ACS Survey released in 2023, Hurley, NM has a population of 1,220, which has decreased by -22.6% over the past 5 years. Hurley, NM is a moderately popular place for families, as children make up 19.0% of the population. The area has a poorly educated workforce, with 11.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,220 | -22.6% |
% Under 18 | 19.0% | -24.9% |
% Seniors | 29.7% | 41.4% |
% WFH | 12.1% | ∞% |
% w/ College Degree | 11.8% | -24.4% |
As of the latest ACS Survey released in 2023, Hurley, NM is a predominantly hispanic area, with 76.9% of the population identifying as hispanic. The hispanic population has grown by 4.5% in the last 5 years. The second most common race or ethnicity in Hurley, NM is white, making up 20.5% of the population. Foreign-born residents account for 3.4% of the population in Hurley, NM, and this percentage has increased by 41.7% 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 | 20.5% | -16.7% |
% Black | 0.0% | N/A |
% Hispanic | 76.9% | 4.5% |
% Asian | 0.7% | ∞% |
% Foreign Born | 3.4% | 41.7% |
Mortgage and Risk — Hurley, NM
According to HUD data as of 2023, there were 15 mortgage originations in Hurley, NM, of which 53.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 53.0% above 90% LTV (very high). This implies large mortgage risk in Hurley, NM. Investor activity is low, as 0.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 15 |
% Conventional Loans | 53.0% |
% Government Loans | 47.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Hurley, NM
Hurley, NM lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 22 |
Total Units Section 8 | 22 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $870 |
| 2 Bedroom | N/A | N/A | $1,080 |
| 3 Bedroom | N/A | N/A | $1,440 |
| 4 Bedroom | N/A | N/A | $1,490 |
Affordability — Hurley, NM
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $108,000 |
| Median Household Income | $41,900 |