Deming, NM
Housing market overview · Updated weekly
$169,750median sale price
Homes sold
4
Last 12 weeks
Days on market
30
Average pace
Active listings
35
8.8 months supply
Sale-to-list
—
Below asking
The Deming housing market is currently classified as a buyer's market with a median sale price of $169,750. Prices have risen 19.3% compared to last year, with homes spending an average of 30 days on market, indicating 8.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Deming?
The median home sale price in Deming is $169,750, up 19.3% from last year.
How long do homes stay on market in Deming?
Homes typically spend 30 days on market before going under contract.
Is Deming a buyer's or seller's market?
With 8.8 months of supply, Deming is currently a buyer's market.
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