Garfield, NM—87936
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Garfield, NM
Home Price Trends — Garfield, NM
As of Oct '25, the median home price in Garfield, NM is $191,000, with a year-over-year change of -0.6%. This indicates that home prices in Garfield, NM are flat. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $191,000 | -0.6% |
| Single Family | $191,000 | -2.6% |
| 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 — Garfield, NM
Garfield, 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
No data available
Property Listings — Garfield, NM
Garfield, NM lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | N/A | N/A |
Days on Market | N/A | N/A |
Demographics — Garfield, NM
As of the latest ACS Survey released in 2023, Garfield, NM has a population of 249, which has decreased by -2.4% over the past 5 years. Garfield, NM is a less popular place for families, as children make up 0.0% of the population. The area has a poorly educated workforce, with 0.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 249 | -2.4% |
% Under 18 | 0.0% | N/A |
% Seniors | 39.8% | -49.2% |
% WFH | 13.3% | ∞% |
% w/ College Degree | 0.0% | -100.0% |
As of the latest ACS Survey released in 2023, Garfield, NM is a predominantly hispanic area, with 74.7% of the population identifying as hispanic. The hispanic population has shrunk by 16.1% in the last 5 years. The second most common race or ethnicity in Garfield, NM is white, making up 25.3% of the population. Foreign-born residents account for 56.6% of the population in Garfield, NM, and this percentage has increased by Inf% 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 | 25.3% | 130.0% |
% Black | 0.0% | N/A |
% Hispanic | 74.7% | -16.1% |
% Asian | 0.0% | N/A |
% Foreign Born | 56.6% | ∞% |
Mortgage and Risk — Garfield, NM
Garfield, 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 |
Loan Activity
No data available
Rentals and Section 8 — Garfield, NM
Garfield, NM lacks sufficient Section 8 program data for analysis.
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 Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $900 |
| 2 Bedroom | N/A | N/A | $1,020 |
| 3 Bedroom | N/A | N/A | $1,420 |
| 4 Bedroom | N/A | N/A | $1,590 |
Affordability — Garfield, NM
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.5 |
| Median Home Price | $191,000 |
| Median Household Income | $21,400 |