Littlefield86432

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$363,000
0.9% YoY Growth
Median Household Income
$44,000
22.0% 5-Year Growth
Days on Market
110
13.0% Shorter than last year
Home Price Forecast
0.1%
Median Rent
$750
34.0% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,350
4.9% YoY Growth
3-Bed Rent
N/A
N/A

Property Listings — Littlefield

As of Aug '25 and according to Realtor.com, the median days on market for a home in Littlefield is 110. This is an decrease of -13.0% from last year. This indicates that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$625,00065.0%
Listing Count
24N/A
Listings as % of Homes1.3%N/A
Days on Market
110-13.0%
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Demographics — Littlefield

MetricLatest CensusYoY % Change
Population
3,650-2.4%
% Under 18
9.0%-49.4%
% Under 5N/AN/A
% Seniors
37.7%7.4%
% WFH
8.0%∞%
% w/ College Degree
9.9%19.3%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
65.9%-7.2%
% Black
0.0%N/A
% Hispanic
33.4%20.6%
% Asian
0.0%N/A
% Foreign Born
11.1%-19.6%
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Mortgage and Risk — Littlefield

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Littlefield in that year was 95. 81.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 51.0%. Of those, 15.0% were >90% loan to value. This is considered elevated, suggesting that mortgage risk is medium in Littlefield. Investor activity in Littlefield is low, as 2.0% of all loans are originated by investors. In 2023, 9.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
95N/AN/A
% Conventional Loans
81.0%N/AN/A
% Government Loans
19.0%N/AN/A
% Investor Loans
2.0%N/AN/A
% Second Loans
12.0%N/AN/A
% Cash Out Refinance
9.0%N/AN/A
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Rentals and Section 8 — Littlefield

As of 2024, the percent of homes in Littlefield under the Section 8 program is NA. This is considered unknown, suggesting that the neighborhood is unknown composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
N/A
Total Units Section 8
N/A
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,160
2 Bedroom$120$1,350$1,470
3 BedroomN/AN/A$1,960
4 BedroomN/AN/A$2,450

Affordability — Littlefield

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio7.9N/AN/A
Median Home Price$363,000N/AN/A
Median Household Income$44,000N/AN/A

Littlefield — ZIP Code Boundary Map

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