Commercial Real Estate Market in Deming, NM
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
157 active listings and 254 off-market properties in Deming, NM.
Market Trends
Deming, NM spans 2,572.5 square miles in Luna County, New Mexico. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Deming, NM runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Deming, NM runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Deming, NM runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Deming, NM runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 31.1%
- Industrial 28%
- Civic 22.6%
- Commercial 12.8%
- Agricultural 2.3%
- Planned_development 1%
Largest Zones share of zoned land by district
Industrial
Government
Commercial
Single Family Dwelling
Single Family Dwelling
Deming, NM zones 10,469 acres across 16 districts. Commercial zoning covers 12.8% of zoned land, residential 31.1% and industrial 28%. The largest single district is Industrial at 28%. For commercial buyers the practical constraint is that only 40.8% of land carries a commercial or industrial designation.
Industrial (D)
The intent of this zone is to promote industrial uses
Market overview
Demographics & Economy
Deming, NM has 23,831 residents in 10,812 households. Density runs 9 people per square mile. Median household income here is $39,514 and median gross rent $712 a month.
23,831
Population
10,812
Households
2.2
Avg Household Size
40
Median Age
15%
College-Educated
77%
High-School Grad
2572.5 sq mi
ZIP Area
9
Density / Sq Mi
$39,514
Median Household Income
$27,110
Median Earnings
$712
Median Rent
$113,700
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Deming?
Commercial property in Deming, NM asks an average of $329 per square foot.
What zoning applies to commercial property in Deming?
Deming, NM zones 10,469 acres across 16 districts, of which 12.8% is commercial and 28% industrial. The largest single district is Industrial at 28% of zoned land. The intent of this zone is to promote industrial uses Residential zoning covers 31.1% and open space 0%.
Where does Realmo's Deming market data come from?
Realmo compiles Deming, NM figures from 157 active sale listings, 254 tracked off-market properties, the current Deming zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 157 active for-sale and 0 active for-lease listings in Deming, NM. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 10,469 zoned acres across 16 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
