County market report · FIPS 35029
Luna County, NM
Deming, NM · Population 23,905 (Census V2020 est.)
Typical value
$163,798
Sep 2026
1M
-0.6%
3M
-3.5%
12M
+4.3%
5Y
+5.8%
10Y
+35.5%
From peak
-7.2%
Peak $176,542 · Jan 2012
Rank US / state
992 / 6
by 12M change
Zillow Home Value Index
Source: Zillow Home Value Index (ZHVI), all homes, smoothed & seasonally adjusted · data through Sep 2026.
Inflection signal
Price-OnlyB · Early Warning
r3-3.51%p3-1.49%Acceleration-2.02ppMonths persisting4Evidence (Price-Only)82/100
Inventory, sales & days on market — Phase 2
Supply and demand confirmation is not yet available.
Yearly values (December)
| Year | ZHVI (Dec) | YoY change |
|---|---|---|
| 2025 | $162,462 | -0.7% |
| 2024 | $163,587 | +5.3% |
| 2023 | $155,405 | -7.0% |
| 2022 | $167,161 | +7.0% |
| 2021 | $156,284 | +6.4% |
| 2020 | $146,922 | +10.1% |
| 2019 | $133,402 | +1.8% |
| 2018 | $130,985 | +9.7% |
| 2017 | $119,377 | +0.6% |
| 2016 | $118,695 | -8.9% |
| 2015 | $130,340 | -8.5% |
| 2014 | $142,437 | -3.8% |
| 2013 | $148,079 | -3.0% |
| 2012 | $152,634 | — |