Deming, NM Home Values & Market Trends

Real estate market trends reflect that there have been 125 transactions over the past year in Deming. The median value for residential home transactions that occurred over the previous year is $164,982.49. The number of current listings in Deming is 31, and the percentage of properties for sale in the city is 31.00%. Deming, NM currently has 3 properties in foreclosure, 1 bank owned properties, 2 properties headed for auction, and 31 properties for sale.

Deming, NM Real Estate Market Overview

ZipMedian Est. Value
88030

$ 201,136

$ 209/sqft

Housing Market Summary for Deming, NM

Apr 2023March 2024Change
Median Listing Price$159.5K$166.8K4.61%
Median Sold Price$171.6K$166.8K-2.77%
Homes For Sale243650.00%
Homes Sold7162-12.68%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Deming, NM

Deming home values range from $29,557 to $1,200,000. The median estimated value of a home in Deming is $164,982.49. The median list price of a home is 200,000, and the total count of properties in the city is 12,132.

Foreclosure
There is 1 zips within Deming, NM; within this zips, the median estimated home value for homes in foreclosure ranges from $270,388 in 88030 to the lowest value of $92,860 in 88030. Foreclosure homes account for 0.00% of properties in Deming, NM with 88030 containing 3 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Deming, NM with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Deming, NM; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Deming, NM ranges from the highest value of $92,860 in 88030 to the lowest value of $92,860 in 88030. Bank owned homes and properties account for 0.01% of properties in Deming, NM. There is 1 zips within Deming, NM; 88030 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    88030 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Deming, NM. Auction homes and other auction properties account for 0.02% of all properties in Deming, NM. There is 1 zips within Deming, NM; of that zips, the median estimated home value for homes going to auction ranges from $270,388 in 88030 to the lowest value of $178,700 in 88030.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.26% of residential properties in Deming, NM with 88030 containing 31 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Deming, NM; homes for sale in that zips, have a range of median values from $1,200,000 in 88030 to the lowest value of $41,307 in 88030.
    Sold Homes
    The median value for recently sold homes ranges from $542,635 in 88030 to the lowest price of $42,925 in 88030. There is 1 zips within Deming, NM. 88030 has 75 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 0.62% of properties in Deming, NM.

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      Guide for Deming, NM

      Market Reports
      Santa Fe Real Estate Values Pulse Through Highs and Lows: Report of 2023-2024 Trends
      gavel for real estate auction
      Home Buying Guides & Tips
      New Mexico Foreclosure Laws
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      See More Articles
      Santa Fe Real Estate Values Pulse Through Highs and Lows: Report of 2023-2024 Trends
      Market Reports|posted 17 April 2024

      This article describes the fluctuating real estate market of Santa Fe and neighboring cities from July 2023 to March 2024, focusing on property values, sale prices, and number of sold homes.

      gavel for real estate auction
      New Mexico Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Learn more about the New Mexico foreclosure laws, the NM judicial foreclosure process and timelines on RealtyTrac

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      Market Reports|posted 17 April 2024

      Tulsa’s real estate market shows sharp seasonal fluctuations, a high turnover rate, and a balance between higher-end and more affordable properties compared to its neighboring cities.

      Recently Listed Homes Deming, NM

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