Tatum, NM—88267
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Tatum, NM
As of Oct '25, the median home price in Tatum, NM is $117,000, with a year-over-year change of -6.3%. This indicates that home prices in Tatum, NM are decreasing. According to Zillow, the 1-year price projection is -15.4%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $117,000 | -6.3% |
| Single Family | $117,000 | -7.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Tatum, NM
Tatum, 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 — Tatum, NM
As of Oct '25, Realtor.com reports that the median days on market for a home in Tatum, NM is 54. This is a decrease of -78.0% 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 | $200,000 | 400.0% |
Listing Count | 2 | 0.0% |
| Listings as % of Homes | 0.8% | 0.0% |
Days on Market | 54 | -78.0% |
Demographics — Tatum, NM
As of the latest ACS Survey released in 2023, Tatum, NM has a population of 1,440, which has increased by 16.5% over the past 5 years. Tatum, NM is a moderately popular place for families, as children make up 21.3% of the population. The area has a poorly educated workforce, with 23.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,440 | 16.5% |
% Under 18 | 21.3% | -21.7% |
% Seniors | 22.5% | 10.8% |
% WFH | 11.6% | 6.4% |
% w/ College Degree | 23.2% | 31.1% |
As of the latest ACS Survey released in 2023, Tatum, NM is a predominantly white area, with 53.1% of the population identifying as white. The white population has shrunk by 8.0% in the last 5 years. The second most common race or ethnicity in Tatum, NM is hispanic, making up 41.4% of the population. Foreign-born residents account for 17.4% of the population in Tatum, NM, and this percentage has increased by 48.7% 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 | 53.1% | -8.0% |
% Black | 0.8% | -57.9% |
% Hispanic | 41.4% | 3.5% |
% Asian | 0.0% | N/A |
% Foreign Born | 17.4% | 48.7% |
Mortgage and Risk — Tatum, NM
Tatum, NM lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Tatum, NM
Tatum, NM lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $810 |
| 2 Bedroom | N/A | N/A | $1,060 |
| 3 Bedroom | N/A | N/A | $1,340 |
| 4 Bedroom | N/A | N/A | $1,480 |
Affordability — Tatum, NM
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $117,000 |
| Median Household Income | $58,800 |