Roswell, NM—88203
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Roswell, NM
Home Price Trends — Roswell, NM
As of Oct '25, the median home price in Roswell, NM is $138,000, with a year-over-year change of -2.2%. This indicates that home prices in Roswell, NM are decreasing. According to Zillow, the 1-year price projection is -2.9%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $138,000 | -2.2% |
| Single Family | $138,000 | -2.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $118,000 | 0.9% |
3 Bed | $169,000 | 1.8% |
4 Bed | $192,000 | 2.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Roswell, NM
As of July '25, Rentcast reports the average rent in Roswell, NM is $1,010, with a year-over-year rent change of -5.6%. Per bedroom, the median rent as of July '25 in Roswell, NM is studios: $954, 1-bedrooms: $835, 2-bedrooms: $1,020, 3-bedrooms: $1,290, 4-bedrooms: $1,300. The most common rental property sizes in Roswell, NM are 3-bedroom and 2-bedroom, accounting for 43.3% and 30.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $995 | $1,010 |
| Studio Rent | $820 | $954 |
| 1 Bed Rent | $850 | $835 |
| 2 Bed Rent | $1,050 | $1,020 |
| 3 Bed Rent | $1,300 | $1,290 |
| 4 Bed Rent | $1,000 | $1,300 |
% of Rental Stock
Property Listings — Roswell, NM
As of Oct '25, Realtor.com reports that the median days on market for a home in Roswell, NM is 71. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $185,000 | 1.0% |
Listing Count | 82 | 2.0% |
| Listings as % of Homes | 0.5% | 2.0% |
Days on Market | 71 | -1.0% |
Demographics — Roswell, NM
As of the latest ACS Survey released in 2023, Roswell, NM has a population of 28,600, which has decreased by -6.9% over the past 5 years. Roswell, NM is a popular place for families, as children make up 25.7% of the population. The area has a poorly educated workforce, with 11.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,600 | -6.9% |
% Under 18 | 25.7% | -8.2% |
% Seniors | 15.1% | 20.8% |
% WFH | 3.6% | 100.0% |
% w/ College Degree | 11.4% | -8.1% |
As of the latest ACS Survey released in 2023, Roswell, NM is a predominantly hispanic area, with 65.3% of the population identifying as hispanic. The hispanic population has remained stable in the last 5 years. The second most common race or ethnicity in Roswell, NM is white, making up 30.6% of the population. Foreign-born residents account for 11.9% of the population in Roswell, NM, and this percentage has decreased by 19.6% 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 | 30.6% | 4.8% |
% Black | 1.6% | -40.7% |
% Hispanic | 65.3% | 0.0% |
% Asian | 0.3% | 200.0% |
% Foreign Born | 11.9% | -19.6% |
Mortgage and Risk — Roswell, NM
According to HUD data as of 2023, there were 281 mortgage originations in Roswell, NM, of which 52.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Roswell, NM. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 281 |
% Conventional Loans | 52.0% |
% Government Loans | 48.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Roswell, NM
Roswell, NM lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 895 |
Total Units Section 8 | 814 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 65.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$130 | $850 | $720 |
| 2 Bedroom | -$120 | $1,050 | $930 |
| 3 Bedroom | -$90 | $1,300 | $1,210 |
| 4 Bedroom | $380 | $1,000 | $1,380 |
Affordability — Roswell, NM
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $138,000 |
| Median Household Income | $42,100 |