Tularosa, NM—88352
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Tularosa, NM
As of Oct '25, the median home price in Tularosa, NM is $182,000, with a year-over-year change of 3.5%. This indicates that home prices in Tularosa, NM are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $182,000 | 3.5% |
| Single Family | $182,000 | 1.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $146,000 | 0.0% |
3 Bed | $189,000 | 2.7% |
4 Bed | $274,000 | 0.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Tularosa, NM
As of July '25, Rentcast reports the average rent in Tularosa, NM is $1,520, with a year-over-year rent change of -24.0%. Per bedroom, the median rent as of July '25 in Tularosa, NM is 3-bedrooms: $1,520. The most common rental property sizes in Tularosa, NM are 3-bedroom and 2-bedroom, accounting for 48.7% and 38.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,050 | $1,520 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,050 | $1,520 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Tularosa, NM
As of Oct '25, Realtor.com reports that the median days on market for a home in Tularosa, NM is 51. 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $287,000 | 3.0% |
Listing Count | 14 | -14.0% |
| Listings as % of Homes | 0.6% | -14.0% |
Days on Market | 51 | -7.0% |
Demographics — Tularosa, NM
As of the latest ACS Survey released in 2023, Tularosa, NM has a population of 4,210, which has decreased by -12.5% over the past 5 years. Tularosa, NM is a popular place for families, as children make up 27.5% of the population. The area has a poorly educated workforce, with 19.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,210 | -12.5% |
% Under 18 | 27.5% | 45.5% |
% Seniors | 18.5% | -29.1% |
% WFH | 5.0% | 78.6% |
% w/ College Degree | 19.8% | -2.9% |
As of the latest ACS Survey released in 2023, Tularosa, NM is a predominantly hispanic area, with 50.5% of the population identifying as hispanic. The hispanic population has grown by 16.1% in the last 5 years. The second most common race or ethnicity in Tularosa, NM is white, making up 38.4% of the population. Foreign-born residents account for 1.4% of the population in Tularosa, NM, and this percentage has decreased by 70.8% 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 | 38.4% | -26.3% |
% Black | 0.9% | -43.8% |
% Hispanic | 50.5% | 16.1% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.4% | -70.8% |
Mortgage and Risk — Tularosa, NM
According to HUD data as of 2023, there were 64 mortgage originations in Tularosa, NM, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Tularosa, NM. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 64 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 2.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Tularosa, NM
Tularosa, NM lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 27 |
Total Units Section 8 | 27 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 97.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $770 |
| 2 Bedroom | N/A | N/A | $950 |
| 3 Bedroom | $280 | $1,050 | $1,330 |
| 4 Bedroom | N/A | N/A | $1,600 |
Affordability — Tularosa, NM
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $182,000 |
| Median Household Income | $47,100 |