Capitan, NM—88316
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Capitan, NM
Capitan, NM lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $231,000 | 1.8% |
| Single Family | $231,000 | 2.7% |
| 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 — Capitan, NM
Capitan, 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 — Capitan, NM
As of Oct '25, Realtor.com reports that the median days on market for a home in Capitan, NM is 93. This is a increase of 17.0% 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 | $460,000 | 39.0% |
Listing Count | 11 | 5.0% |
| Listings as % of Homes | 0.5% | 5.0% |
Days on Market | 93 | 17.0% |
Demographics — Capitan, NM
As of the latest ACS Survey released in 2023, Capitan, NM has a population of 2,320, which has increased by 9.2% over the past 5 years. Capitan, NM is a moderately popular place for families, as children make up 15.1% of the population. The area has a moderately educated workforce, with 25.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,320 | 9.2% |
% Under 18 | 15.1% | -21.8% |
% Seniors | 29.5% | 13.9% |
% WFH | 14.9% | 231.1% |
% w/ College Degree | 25.9% | 19.9% |
As of the latest ACS Survey released in 2023, Capitan, NM is a predominantly white area, with 77.7% of the population identifying as white. The white population has grown by 30.8% in the last 5 years. The second most common race or ethnicity in Capitan, NM is hispanic, making up 20.7% of the population. Foreign-born residents account for 0.6% of the population in Capitan, NM, and this percentage has decreased by 80.0% 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 | 77.7% | 30.8% |
% Black | 0.0% | -100.0% |
% Hispanic | 20.7% | -41.4% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.6% | -80.0% |
Mortgage and Risk — Capitan, NM
According to HUD data as of 2023, there were 57 mortgage originations in Capitan, NM, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Capitan, NM. Investor activity is low, as 2.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 57 |
% Conventional Loans | 63.0% |
% Government Loans | 37.0% |
% Investor Loans | 2.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Capitan, NM
Capitan, NM lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 16 |
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 | $860 |
| 2 Bedroom | N/A | N/A | $1,010 |
| 3 Bedroom | N/A | N/A | $1,380 |
| 4 Bedroom | N/A | N/A | $1,680 |
Affordability — Capitan, NM
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | $231,000 |
| Median Household Income | $67,800 |