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  4. /Garfield, NM - 87936

Garfield, NM—87936

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$186,000
3.7% YoY Growth
Household Income
$21,400
40.1% YoY Growth
Days on Market
113
17.0% Shorter YoY
Home Price Forecast
1.3%
Median 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

Other Zip Codes in Garfield, NM

87941
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Garfield, NM

As of May '26, the median home price in Garfield, NM is $186,000, with a year-over-year change of -3.7%. This indicates that home prices in Garfield, NM are decreasing. 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 TypeMedian Home ValueYoY % Change
All Homes
$186,000-3.7%
Single Family $186,000-1.6%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
  • N/A
    N/A
    2 Bed
    N/AN/A
    3 Bed
    N/AN/A
    4 Bed
    N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    2 Bedrooms
    37.9%
    3 Bedrooms
    62.1%

    Rental Trends — Garfield, NM

    Garfield, NM lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
    Loading chart...

    No data available

    Property Listings — Garfield, NM

    As of May '26, Realtor.com reports that the median days on market for a home in Garfield, NM is 113. This is a decrease of -17.0% 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $125,000-7.0%
    Listing Count
    1-50.0%
    Listings as % of HomesN/A-50.0%
    Days on Market
    113-17.0%
    Loading chart...

    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.

    MetricLatest CensusYoY % 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%
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    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

    MetricLatest Census5-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%∞%
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    Mortgage and Risk — Garfield, NM

    Garfield, NM lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip 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
    Loading chart...
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    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 SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$900
    2 BedroomN/AN/A$1,020
    3 BedroomN/AN/A$1,420
    4 BedroomN/AN/A$1,590

    Affordability — Garfield, NM

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio7.3
    Median Home Price$186,000
    Median Household Income$21,400

    Garfield, NM — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Garfield, NM

    87941

    Las Cruces, NM

    87937

    Rincon, NM

    87940

    Las Cruces, NM

    88007

    Las Cruces, NM

    88012

    Frequently Asked Questions