Deming Metro Area, NM Housing

The housing market in the Deming, NM Metro Area is thriving. The median value of houses in the area is $121,400 and it has seen a significant appreciation of 13.83% over the past year. This is significantly higher than the US median house value of $338,100 and 8.27% appreciation rate over the same period of time. It is clear that there are great opportunities for potential home buyers in this area due to the favorable economic conditions and lower cost housing options compared to other parts of the country.

The median home cost in Deming Metro Area is $121,400. Home appreciation the last 10 years has been 65.2%. Home Appreciation in Deming Metro Area is up 18.3%.

Average Age of Homes

- The median age of Deming Metro Area real estate is 35 years old

The Rental Market in Deming Metro Area

- Renters make up 27.0% of the Deming Metro Area population
- 0.7% of houses and apartments in Deming Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Deming, New Mexico	United States
	11,462.0	139,647,020.0
	42	42
	$121,400	$338,100
	18.3%	16.6%
	57.5%	57.0%
	65.2%	101.1%
	$5.98	$10.98
	$531	$2,690
	49.7%	57.4%
	21.1%	11.2%
	29.2%	31.4%
Vacant Housing
	0.7%	1.9%
	2.2%	0.4%
	1.3%	0.7%
	0.2%	0.4%
	1.7%	3.6%
	14.9%	4.1%
Value of Owner-Occupied Housing
	3.9%	2.6%
	7.7%	2.4%
	10.6%	2.8%
	20.3%	3.9%
	11.7%	4.5%
	18.1%	11.3%
	16.0%	13.0%
	7.8%	20.1%
	3.2%	13.6%
	0.2%	8.3%
	0.3%	9.7%
	0.1%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	10.1%	13.6%
	10.1%	13.6%
	19.7%	13.6%
	13.9%	13.2%
	17.2%	14.8%
	19.7%	13.6%
	10.2%	10.0%
	4.8%	4.7%
	7.3%	12.2%

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