Is Deming, NM 88030 a buyer’s or seller’s market?
Deming is a buyer’s market. With about 6.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 23% of U.S. ZIP codes, and #35 of 51 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Deming housing market right now
In the three months ending August 31, 2026, 3% of homes in Deming, NM 88030 sold above their list price, the typical home went under contract in 76 days and there were 6.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 35 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (59 days then) and the median sale price rose 10% to $219,905. Overall, Deming is about as competitive as it was a year ago.
On our competition score, Deming ranks #35 of 51 NM ZIP codes with enough sales (score 27 out of 100).
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Questions about Deming real estate
Is Deming a buyer’s or seller’s market?
A buyer’s market: there were 6.2 months of supply in Deming, NM 88030 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Deming?
The typical home went under contract in 76 days in the latest three months.
Do homes in Deming sell over asking?
3% of homes sold above their original list price, and the typical sale closed at 101.2% of the list price.
What are property taxes in Deming?
About 0.54% of a home’s value a year in Luna County, or roughly $2,160 on a $400,000 home.
What is the median home price in Deming?
The median sale price was $219,905 in the three months ending August 31, 2026, about $129 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology