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Featured local agent — Tatum, NM
Sarah Mitchell
Compass Real Estate · Tatum, NM
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Tatum, NM Housing Market & Real Estate
Housing market overview · Updated monthly ·
$180,000median sale price
How is the Tatum, NM housing market right now?
The median home sale price in Tatum, NM is $180,000. Homes sell in an average of 89 days. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of October 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Tatum a buyer's or seller's market?
Tatum, NM is currently a leaning buyer's and homes selling in about 89 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
89
Average pace
Active listings
—
Sale-to-list
—
Below asking
What does the Tatum housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $180,000 |
| Average days on market | 89 days |
| Median price per sq ft | $98/sq ft |
| Homes sold (latest month) | 2 |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Tatum by property type?
How the Tatum, NM market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $180,000 | $98/sq ft | 2 | 89 days |
Source: Redfin · Updated monthly
The Tatum housing market is currently classified as a leaning buyer's with a median sale price of $180,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 89 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Tatum
Explore homes currently listed for sale in Tatum, New Mexico across major real estate platforms.
Who lives in Tatum?
Population
736
Median age
34.3 years
Owner-occupied
76.8%
College grads
18.3%
Avg commute
27.3 min
Source: U.S. Census Bureau ACS
What is it like to live in Tatum?
Tatum is a community of approximately 1K residents with a median age of 34.3 years. 18.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 76.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Tatum offers a distinctive character that appeals to different lifestyle preferences.
Which public schools serve Tatum?
3 schools tracked · 313 students
The largest public schools serving Tatum, NM by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
TATUM ELEMENTARY
Grades PK-6 · 141 students
TATUM HIGH
Grades 9-12 · 111 students
TATUM JR HIGH
Grades 7-8 · 61 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Tatum, NM?
Want a head-to-head view? Compare Tatum side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Tatum?
The median home sale price in Tatum is $180,000, down 0.0% from last year.
How long do homes stay on market in Tatum?
Homes typically spend 89 days on market before going under contract.
How much does a single-family home cost in Tatum?
The median single-family home price in Tatum, NM is $180,000 (about $98 per square foot).
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