Housing in Madrid, New Mexico
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Housing - Updated September, 2011
| Median Home Age | 23.1 | 35.1 |
| Median Home Cost | $248,400 | $175,100 |
| Home Appreciation | -5.09% | -3.15% |
| Homes Owned | 74.19% | 59.90% |
| Housing Vacant | 12.90% | 10.37% |
| Homes Rented | 12.90% | 29.73% |
| Property Tax Rate | $4.14 | $11.20 |
OWNER-OCCUPIED HOUSING UNITS BY VALUE
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| Less Than $20,000 | 0.00% | 2.65% |
| $20,000 to $39,999 | 0.00% | 3.76% |
| $40,000 to $59,999 | 2.17% | 4.99% |
| $60,000 to $79,999 | 4.35% | 6.01% |
| $80,000 to $99,999 | 2.17% | 7.27% |
| $100,000 to $149,999 | 15.22% | 19.24% |
| $150,000 to $199,999 | 13.04% | 14.67% |
| $200,000 to $299,999 | 32.61% | 18.09% |
| $300,000 to $399,999 | 8.70% | 9.14% |
| $400,000 to $499,999 | 2.17% | 4.94% |
| $500,000 to $749,999 | 10.87% | 5.42% |
| $750,000 to $999,999 | 6.52% | 2.03% |
| $1,000,000 or more | 2.17% | 1.77% |
HOUSING UNITS BY YEAR STRUCTURE BUILT
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| 1999 to 2005 | 0.00% | 13.71% |
| 1995 to 1998 | 28.21% | 8.54% |
| 1990 to 1994 | 16.95% | 5.77% |
| 1980 to 1989 | 14.52% | 13.87% |
| 1970 to 1979 | 19.35% | 16.17% |
| 1960 to 1969 | 4.84% | 11.70% |
| 1950 to 1959 | 4.84% | 11.08% |
| 1940 to 1949 | 1.61% | 6.02% |
| 1939 or Earlier | 9.68% | 13.15% |
The median home value in Madrid, NM, is $248,400. Home appreciation is -5.09% over the last year. The median age of Madrid, NM, real estate is 23 years.
Madrid, NM Apartments and Rentals
Renters make up 12.90% of the Madrid, NM, population. 12.90% of houses and apartments in Madrid, NM, are unoccupied (vacancy rate).
Madrid Housing SperlingViews
Take some time and visit Madrid: Two words - Wild Hogs. No not the animal, but the movie. Yes this is the quiet little mountain town were they filmed part of the movie. Set that aside and what you have... (read more)Have an opinion about Madrid? Leave a commentTo See All SperlingViews for Madrid Click Here
