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Housing in Lea County, New Mexico

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HousingLea, NMUnited States
Median Home Age40.435.1
Median Home Cost$66,500$153,800
Home Appreciation-2.36%1.62%
Homes Owned61.94%57.69%
Housing Vacant10.77%11.38%
Homes Rented27.30%30.93%
Property Tax Rate$5.19$11.20
OWNER-OCCUPIED HOUSING UNITS BY VALUE
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Less Than $20,0009.11%2.72%
$20,000 to $39,99914.72%4.03%
$40,000 to $59,99916.97%5.58%
$60,000 to $79,99916.11%7.09%
$80,000 to $99,99912.72%8.80%
$100,000 to $149,99919.76%21.26%
$150,000 to $199,9995.75%14.87%
$200,000 to $299,9993.43%16.82%
$300,000 to $399,9990.93%7.83%
$400,000 to $499,9990.24%4.04%
$500,000 to $749,9990.16%4.05%
$750,000 to $999,9990.04%1.26%
$1,000,000 or more0.08%1.64%
HOUSING UNITS BY YEAR STRUCTURE BUILT
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1999 to 20058.75%13.71%
1995 to 19985.84%14.31%
1990 to 19945.84%14.31%
1980 to 198915.23%13.87%
1970 to 197920.09%16.17%
1960 to 196919.63%11.70%
1950 to 195920.01%11.08%
1940 to 19497.17%6.02%
1939 or Earlier3.30%13.15%


The median home value in Lea County, NM, is $66,500. Home appreciation is -2.36% over the last year. The median age of Lea County, NM, real estate is 40 years.

Lea County, NM Apartments and Rentals

Renters make up 27.30% of the Lea County, NM, population. 10.77% of houses and apartments in Lea County, NM, are unoccupied (vacancy rate).


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