Tatum, NM 88267 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Tatum, NM—88267

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$144,000

14.2% YoY Growth

Household Income

$58,800

17.3% YoY Growth

Days on Market

59.0% Longer YoY

Home Price Forecast

-9.6%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Tatum, NM

As of May '26, the median home price in Tatum, NM is $144,000, with a year-over-year change of -14.2%. This indicates that home prices in Tatum, NM are decreasing. According to Zillow, the 1-year price projection is -9.6%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$144,000	-14.2%
Single Family	$144,000	-13.8%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

1 Bedroom

7.6%

2 Bedrooms

45.9%

3 Bedrooms

44.3%

5+ Bedrooms

2.2%

Property Listings — Tatum, NM

As of May '26, Realtor.com reports that the median days on market for a home in Tatum, NM is 72. This is a increase of 59.0% from last year, suggesting that homes are sitting on the market longer 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	$112,000	-35.0%
Listing Count	2	25.0%
Listings as % of Homes	0.8%	25.0%
Days on Market	72	59.0%

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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%

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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%

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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

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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

Tatum, NM—88267

Key Metrics at a Glance

Home Price Trends — Tatum, NM

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Tatum, NM

% of Rental Stock

Property Listings — Tatum, NM

Demographics — Tatum, NM

Race and Ethnicity

Mortgage and Risk — Tatum, NM

Mortgages

Rentals and Section 8 — Tatum, NM

Section 8 Market Size

Section 8 Opportunity

Affordability — Tatum, NM

Home Price to Income Ratio

Tatum, NM — ZIP Code Boundary Map

Nearby ZIP Codes

Lovington, NM

Hobbs, NM

Air Base City

Lingo, NM

Hobbs, NM

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.5
Median Home Price	$144,000
Median Household Income	$58,800

Tatum, NM—88267

Key Metrics at a Glance

Home Price Trends — Tatum, NM

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Tatum, NM

% of Rental Stock

Property Listings — Tatum, NM

Demographics — Tatum, NM

Race and Ethnicity

Mortgage and Risk — Tatum, NM

Mortgages

Rentals and Section 8 — Tatum, NM

Section 8 Market Size

Section 8 Opportunity

Affordability — Tatum, NM

Home Price to Income Ratio

Tatum, NM — ZIP Code Boundary Map

Nearby ZIP Codes

Lovington, NM

Hobbs, NM

Air Base City

Lingo, NM

Hobbs, NM

Frequently Asked Questions

What is the average home price in Tatum, NM 88267?

How have home prices in Tatum, NM 88267 changed over the past year?

What is the home price projection for Tatum, NM 88267?

What are the demographics of Tatum, NM 88267?

How long does it take homes to sell in Tatum, NM 88267?

What is the average rent price in Tatum, NM 88267?