Deming, NM

Full City Profile · New Mexico · Luna County County

3.3 /5.0
B Good
14,735 Population 881/sq mi density
$35,920 Median Income $21,581 per capita
$112,800 Home Value $159,235 Zillow
$596 Median Rent 30.4% income on rent
62°F Avg Temperature
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.7 / 5.0
$35,920 median income, 4.4% unemployment
A+
Affordability
4.9 / 5.0
$112,800 home value, $596/mo rent
C
Education
2.2 / 5.0
14.9% bachelor's degree or higher

Housing Overview

Median Home Value
$112,800
60% below
US avg: $281,900
Median Rent
$596/mo
49% below
US avg: $1,163/mo
Homeownership Rate
64.1%
2% below US avg (65.4%)
Total Housing Units
6,625
Median year built: 1975

Home Value by Source

Census Median
$112,800
Zillow (ZHVI)
$159,235
Redfin Median Sale
$169,750
Median Sale Price
$169,750
Median List Price
$198,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

64.1%
Owner-Occupied
35.9%
Renter-Occupied
64%
36%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$828/mo
1 Bedroom
$927/mo
2 Bedroom
$1,129/mo
3 Bedroom
$1,496/mo
4 Bedroom
$1,758/mo
Census median rent: $596/mo

Market Indicators (Redfin)

Median Sale Price
$169,750
Median Days on Market
30 days
Sale-to-List Ratio
0.0%
Buyers market
Homes Sold
4
Price Drops
25.7%
of listings with price reduction
Price Per Sq Ft
$147
Active Inventory
35
homes for sale

Affordability & Housing Stock

Rent Burden
30.4%
of renters spending 30%+ of income on housing
2% below US avg (31.0%)
Median Year Built
1975
Average age of housing stock: 51 years
Homeownership Rate
64.1%

Complete Housing Data

Home Values

Census Median Value$112,800
Zillow Home Value (ZHVI)$159,235
Redfin Median Sale$169,750
Median Sale Price$169,750
Median List Price$198,000
Price Per Sq Ft$147

Rent

Census Median Rent$596
FMR Studio$828
FMR 1-Bedroom$927
FMR 2-Bedroom$1,129
FMR 3-Bedroom$1,496
FMR 4-Bedroom$1,758

Market

Days on Market30
Sale-to-List Ratio0.0%
Price Drops25.7%
Homes Sold4
Active Inventory35
Price Per Sq Ft$147

Ownership & Stock

Owner-Occupied64.1%
Renter-Occupied35.9%
Homeownership Rate64.1%
Total Housing Units6,625
Median Year Built1975
Rent Burden30.4%