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Waterflow, NM Home Values and Rents
The typical home value in Waterflow is $235,852, 88th highest of 150 cities and towns in New Mexico. Median rent is $1,572 a month.
- Typical home value
- $235,852
- 88th of 150 in NM
- Median rent
- $1,572/mo
- ACS 2020-2024
- Price change, 1 year
- +14.3%
- Sep 2026
- Homeownership
- 59.3%
- NM: 70.0%
Typical home value in Waterflow
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Waterflow |
|---|---|
| Sep 2026 | $235,852 |
| Dec 2025 | $220,521 |
| Dec 2024 | $219,893 |
| Dec 2023 | $205,939 |
| Dec 2022 | $206,121 |
| Dec 2021 | $202,412 |
Over five years, Waterflow prices changed +16.5%.
Source: Zillow Research · Last updated 09/01/2026
Home values by ZIP code
Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index
Swipe the table sideways to see more columns.
| # | ZIP code | Median value | Median rent | 1-year | 5-year |
|---|---|---|---|---|---|
| 1 | 87421 | $122,800 | $1,616 | - | - |
Frequently asked questions
- What is the typical home value in Waterflow, NM?
- The typical home value in Waterflow is $235,852 (Zillow Home Value Index, Sep 2026). The New Mexico median is $248,100.
- How much is rent in Waterflow?
- The median rent in Waterflow is $1,572 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,116.
- Are home prices going up in Waterflow?
- The typical home value in Waterflow changed +14.3% over one year and +16.5% over five years, as of Sep 2026.
- How does Waterflow compare with the rest of New Mexico?
- Waterflow has the 88th highest median home value of 150 cities and towns with 1,000+ residents in New Mexico.
- Which ZIP code in Waterflow has the highest home values?
- ZIP code 87421 has the highest median home value at $122,800.