Deming, WA—98244
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Deming, WA
As of Oct '25, the median home price in Deming, WA is $318,000, with a year-over-year change of -4.4%. This indicates that home prices in Deming, WA are decreasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $318,000 | -4.4% |
| Single Family | $445,000 | 0.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $212,000 | 0.5% |
2 Bed | $436,000 | 0.7% |
3 Bed | $527,000 | 0.0% |
4 Bed | $696,000 | -1.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Deming, WA
As of July '25, Rentcast reports the average rent in Deming, WA is $2,450, with a year-over-year rent change of 11.4%. Per bedroom, the median rent as of July '25 in Deming, WA is 3-bedrooms: $2,100, 4-bedrooms: $2,800. The most common rental property sizes in Deming, WA are 2-bedroom and 3-bedroom, accounting for 76.0% and 16.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,450 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,100 | $2,100 |
| 4 Bed Rent | $2,800 | $2,800 |
% of Rental Stock
Property Listings — Deming, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Deming, WA is 78. This is a increase of 56.0% 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 4.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $673,000 | -1.0% |
Listing Count | 51 | 88.0% |
| Listings as % of Homes | 0.4% | 88.0% |
Days on Market | 78 | 56.0% |
Demographics — Deming, WA
As of the latest ACS Survey released in 2023, Deming, WA has a population of 3,080, which has increased by 10.7% over the past 5 years. Deming, WA is a less popular place for families, as children make up 12.1% of the population. The area has a moderately educated workforce, with 26.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,080 | 10.7% |
% Under 18 | 12.1% | 0.0% |
% Seniors | 31.8% | 139.1% |
% WFH | 13.2% | 69.2% |
% w/ College Degree | 26.1% | 29.2% |
As of the latest ACS Survey released in 2023, Deming, WA is a predominantly white area, with 80.3% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Deming, WA is asian, making up 1.1% of the population. Foreign-born residents account for 6.2% of the population in Deming, WA, and this percentage has decreased by 4.6% 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 | 80.3% | -2.7% |
% Black | 0.1% | ∞% |
% Hispanic | 0.5% | -54.5% |
% Asian | 1.1% | -62.1% |
% Foreign Born | 6.2% | -4.6% |
Mortgage and Risk — Deming, WA
According to HUD data as of 2023, there were 88 mortgage originations in Deming, WA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Deming, WA. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 88 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 1.0% |
% Second Loans | 20.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Deming, WA
Deming, WA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% 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 | $1,180 |
| 2 Bedroom | N/A | N/A | $1,420 |
| 3 Bedroom | -$100 | $2,100 | $2,000 |
| 4 Bedroom | -$400 | $2,800 | $2,400 |
Affordability — Deming, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $318,000 |
| Median Household Income | $84,000 |