Artesia, NM—88210
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Artesia, NM
As of Oct '25, the median home price in Artesia, NM is $222,000, with a year-over-year change of -1.5%. This indicates that home prices in Artesia, 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 | $222,000 | -1.5% |
| Single Family | $222,000 | -2.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $155,000 | 0.0% |
3 Bed | $272,000 | 4.6% |
4 Bed | $380,000 | 4.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Artesia, NM
As of July '25, Rentcast reports the average rent in Artesia, NM is $2,260, with a year-over-year rent change of -31.3%. Per bedroom, the median rent as of July '25 in Artesia, NM is studios: $1,550, 1-bedrooms: $968, 2-bedrooms: $1,640, 3-bedrooms: $2,500, 4-bedrooms: $4,650. The most common rental property sizes in Artesia, NM are 3-bedroom and 2-bedroom, accounting for 51.3% and 33.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $2,260 |
| Studio Rent | $1,550 | $1,550 |
| 1 Bed Rent | $950 | $968 |
| 2 Bed Rent | $1,320 | $1,640 |
| 3 Bed Rent | $1,800 | $2,500 |
| 4 Bed Rent | $4,650 | $4,650 |
% of Rental Stock
Property Listings — Artesia, NM
As of Oct '25, Realtor.com reports that the median days on market for a home in Artesia, NM is 52. This is a decrease of -7.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $335,000 | 3.0% |
Listing Count | 60 | 16.0% |
| Listings as % of Homes | 0.6% | 16.0% |
Days on Market | 52 | -7.0% |
Demographics — Artesia, NM
As of the latest ACS Survey released in 2023, Artesia, NM has a population of 18,500, which has remained stable by 0.7% over the past 5 years. Artesia, NM is a popular place for families, as children make up 30.2% of the population. The area has a poorly educated workforce, with 19.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,500 | 0.7% |
% Under 18 | 30.2% | -2.9% |
% Seniors | 11.4% | -21.9% |
% WFH | 6.4% | 255.6% |
% w/ College Degree | 19.2% | 23.9% |
As of the latest ACS Survey released in 2023, Artesia, NM is a predominantly hispanic area, with 54.7% of the population identifying as hispanic. The hispanic population has grown by 6.2% in the last 5 years. The second most common race or ethnicity in Artesia, NM is white, making up 40.4% of the population. Foreign-born residents account for 6.2% of the population in Artesia, NM, and this percentage has decreased by 23.5% 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 | 40.4% | -10.0% |
% Black | 0.0% | -100.0% |
% Hispanic | 54.7% | 6.2% |
% Asian | 0.5% | 400.0% |
% Foreign Born | 6.2% | -23.5% |
Mortgage and Risk — Artesia, NM
According to HUD data as of 2023, there were 226 mortgage originations in Artesia, NM, of which 54.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 60.0% above 90% LTV (very high). This implies large mortgage risk in Artesia, NM. Investor activity is low, as 0.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 226 |
% Conventional Loans | 54.0% |
% Government Loans | 46.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Artesia, NM
Artesia, NM lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 361 |
Total Units Section 8 | 203 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 66.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$70 | $950 | $880 |
| 2 Bedroom | -$340 | $1,320 | $980 |
| 3 Bedroom | -$420 | $1,800 | $1,380 |
| 4 Bedroom | -$3,160 | $4,650 | $1,490 |
Affordability — Artesia, NM
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $222,000 |
| Median Household Income | $80,400 |