What is the average home price in Bluewater, NM 88351?

As of May '26, the median home price in Bluewater, NM 88351 is $530,000, based on Zillow home estimates.

How have home prices in Bluewater, NM 88351 changed over the past year?

As of May '26, home prices have decreased N/A over the past year, according to Zillow home estimates data.

What is the home price projection for Bluewater, NM 88351?

As of May '26, Zillow projects home prices in Bluewater, NM 88351 to decrease N/A in the next year.

What are the demographics of Bluewater, NM 88351?

According to the latest Census, the demographics of Bluewater, NM 88351 are 67.2% White, 0.0% Black, 0.0% Asian, 32.8% Hispanic. The population is 128, with 0.0% under 18 years old.

How long does it take homes to sell in Bluewater, NM 88351?

According to Realtor.com, as of May '26, the median home in Bluewater, NM 88351 is on the market for 45 days. This is an increase of 417.0% from last year.

What is the average rent price in Bluewater, NM 88351?

The average rent price in Bluewater, NM 88351, as of the latest data, is N/A. The average rent for 1 bedroom homes is N/A. For 2, 3, and 4 bedroom homes, the average rent is N/A, N/A, and N/A respectively.

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Bluewater, NM—88351

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$530,000

N/A

Household Income

N/A

Days on Market

417.0% Longer YoY

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Bluewater, NM

Bluewater, NM lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	N/A	N/A
Single Family	N/A	N/A
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Bluewater, NM

Bluewater, 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

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% of Rental Stock

Studio

42.3%

3 Bedrooms

57.7%

Property Listings — Bluewater, NM

As of May '26, Realtor.com reports that the median days on market for a home in Bluewater, NM is 45. This is a increase of 417.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$530,000	-21.0%
Listing Count	1	0.0%
Listings as % of Homes	N/A	0.0%
Days on Market	45	417.0%

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Demographics — Bluewater, NM

As of the latest ACS Survey released in 2023, Bluewater, NM has a population of 128, which has decreased by -21.0% over the past 5 years. Bluewater, 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 3.4% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 32.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	128	-21.0%
% Under 18	0.0%	-100.0%
% Seniors	45.3%	-2.2%
% WFH	32.7%	-31.2%
% w/ College Degree	3.4%	-61.8%

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Bluewater, NM lacks sufficient race and ethnicity data for analysis.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	67.2%	32.8%
% Black	0.0%	N/A
% Hispanic	32.8%	-33.6%
% Asian	0.0%	N/A
% Foreign Born	0.0%	N/A

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Mortgage and Risk — Bluewater, NM

Bluewater, 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

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Rentals and Section 8 — Bluewater, NM

Bluewater, 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	$790
2 Bedroom	N/A	N/A	$930
3 Bedroom	N/A	N/A	$1,270
4 Bedroom	N/A	N/A	$1,560

Bluewater, NM—88351

Key Metrics at a Glance

Home Price Trends — Bluewater, NM

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Bluewater, NM

% of Rental Stock

Property Listings — Bluewater, NM

Demographics — Bluewater, NM

Race and Ethnicity

Mortgage and Risk — Bluewater, NM

Mortgages

Rentals and Section 8 — Bluewater, NM

Section 8 Market Size

Section 8 Opportunity

Affordability — Bluewater, NM

Home Price to Income Ratio

Bluewater, NM — ZIP Code Boundary Map

Nearby ZIP Codes

Riverside

Hondo, NM

Lincoln

Glencoe, NM

Glencoe, NM

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	N/A
Median Home Price	N/A
Median Household Income	N/A