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Housing

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  HOUSING OVERVIEW
  

The median home value in New Mexico, New Mexico, is $161,800. Home appreciation is 0.65% over the last 10 years. The median age of New Mexico, New Mexico, real estate is 32 years.

New Mexico, New Mexico Apartments and Rentals

Renters make up 26.83% of the New Mexico, New Mexico, population. 15.71% of houses and apartments in New Mexico, New Mexico, are unoccupied (vacancy rate).


  HOUSINGNew Mexico, New MexicoUnited States
  Median Home Age  3237
  Median Home Cost  $161,800$185,800
  Home Appr. Last 12 months  1.99%3.74%
  Home Appr. Last 5 yrs.  2.82%16.02%
  Home Appr. Last 10 yrs.  0.65%-0.68%
  Property Tax Rate  $7.56$11.80
  Homes Owned  57.46%56.34%
  Housing Vacant  15.71%12.45%
  Homes Rented  26.83%31.21%
  AVERAGE RENT FOR HOME OR APARTMENT
  Studio Apartment  $562$712
  1 Bedroom Home or Apartment  $668$825
  2 Bedroom Home or Apartment  $826$1,027
  3 Bedroom Home or Apartment  $1,142$1,379
  4 Bedroom Home or Apartment  $1,359$1,601
  VACANT HOUSING
  Vacant For Rent  2.38%2.34%
  Vacant Rented  0.37%0.46%
  Vacant For Sale  1.36%1.20%
  Vacant Sold  0.47%0.46%
  Vacant Vacation  5.69%3.97%
  Vacant Other  5.45%4.02%
  VALUE OF OWNER-OCCUPIED HOUSING
  Less Than $20,000  7.00%4.57%
  $20,000 to $39,999  4.91%3.37%
  $40,000 to $59,999  4.68%4.19%
  $60,000 to $79,999  5.14%5.74%
  $80,000 to $99,999  6.66%6.79%
  $100,000 to $149,999  17.89%15.19%
  $150,000 to $199,999  18.12%14.69%
  $200,000 to $299,999  18.43%18.15%
  $300,000 to $399,999  8.48%10.43%
  $400,000 to $499,999  3.31%5.70%
  $500,000 to $749,999  3.01%6.39%
  $750,000 to $999,999  1.07%2.41%
  $1,000,000 or more  1.28%2.39%

  HOUSING MAP

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Reviews for New Mexico


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New_Mexico

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Start Your Review of New_Mexico, NM


  10/27/2016
Land of entrapment

The only way to survive your stay in NM is to srT home while you plan to move out I came here as a volunteer 2 years ago and have lived in 5 states Unless you are... (Read More)

 118

 150

  8/1/2016
Living in NM

I have lived in New Mexico for 6 months and I cant wait to leave, I have 4 months to move. This is the biggest armpit in all 50 states. The entire state is broken in... (Read More)

 141

 178

  2/28/2016
No Comment

Just signed up to look for new place to retire and live on a budget. Love... (Read More)

 142

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