USA.com / New Mexico / Valencia County / Los Lunas, NM / 87031 / Housing

87031 Zip Code Housing

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As of 2010-2014, median price of a house in 87031 Zip Code is $135,200, which is lower than the state average of $159,300 and is lower than the national average of $175,700. The 87031 Zip Code median house value has grown by 20.93% since 2000. The growth rate for the price of a house in 87031 Zip Code is lower than the state average rate of 47.36% and is lower than the national average rate of 46.91%. The median year that a house in 87031 Zip Code was built is 1991, which is newer than the median year for a house built in the state which is 1981 and is newer than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 12,056 Owner Occupied Houses in 87031 Zip Code, see rank

87031 Zip Code	135,200 USD
New Mexico	159,300 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, see rank

87031 Zip Code	20.93%
New Mexico	47.36%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	87031 Zip Code	New Mexico	U.S.
Total Housing Units	16,607, see rank, 100%	907,233	132,741,033
Occupied Housing Units	14,947, 90.00%, see rank	84.29%	87.55%
Owner Occupied	12,056, 72.60%, see rank	57.46%	56.34%
Renter Occupied	2,891, 17.41%, see rank	26.83%	31.21%
Vacant Housing Units	1,660, 10.00%, see rank	15.71%	12.45%
For Rent	294, 1.77%, see rank	2.38%	2.34%
For Sale Only	275, 1.66%, see rank	1.36%	1.20%
Rented or Sold, Not Occupied	101, 0.61%, see rank	0.84%	0.92%
For Seasonal, Recreational, or Occasional Use	179, 1.08%, see rank	5.69%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.11%	0.03%
Other Vacant	811, 4.88%, see rank	5.34%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #39

87031 Zip Code	New Mexico	U.S.
1991	1981	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	87031 Zip Code	%	New Mexico	U.S.
Owner-Occupied Units	12,056	100%	521,278	74,787,460
With a Mortgage	7,828	64.93%, see rank	58.53%	65.58%
Without a Mortgage	4,228	35.07%, see rank	41.47%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

87031 Zip Code	1,133 USD
New Mexico	1,242 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	87031 Zip Code	%	New Mexico	U.S.
$299 or Less	13	0.17%, see rank	0.22%	0.20%
$300 to $499	149	1.90%, see rank	2.56%	1.59%
$500 to $699	936	11.96%, see rank	8.36%	5.01%
$700 to $999	2,007	25.64%, see rank	20.68%	14.32%
$1,000 to $1,499	2,730	34.87%, see rank	34.20%	27.90%
$1,500 to $1,999	1,180	15.07%, see rank	18.89%	20.35%
$2,000 to $2,999	645	8.24%, see rank	11.36%	19.52%
$3,000 or More	168	2.15%, see rank	3.72%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

87031 Zip Code	24.60% of the Total Income
New Mexico	23.20% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	87031 Zip Code	%	New Mexico	U.S.
10% or Less	274	3.50%, see rank	7.26%	5.86%
10% to 20%	2,443	31.21%, see rank	32.85%	31.95%
20% to 30%	2,198	28.08%, see rank	25.70%	27.64%
30% to 40%	962	12.29%, see rank	12.87%	13.74%
40% or More	1,830	23.38%, see rank	20.48%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

87031 Zip Code	321 USD
New Mexico	324 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	87031 Zip Code	%	New Mexico	U.S.
$199 or Less	649	15.35%, see rank	19.60%	7.76%
$200 to $299	1,261	29.82%, see rank	24.69%	14.70%
$300 to $499	1,610	38.08%, see rank	37.15%	34.63%
$500 to $699	443	10.48%, see rank	12.63%	21.16%
$700 or More	265	6.27%, see rank	5.93%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

87031 Zip Code	11.60% of the Total Income
New Mexico	10.00% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	87031 Zip Code	%	New Mexico	U.S.
10% or Less	1,769	41.84%, see rank	49.80%	40.19%
10% to 20%	1,390	32.88%, see rank	27.25%	31.47%
20% to 30%	431	10.19%, see rank	9.72%	12.24%
30% to 40%	166	3.93%, see rank	4.52%	5.64%
40% or More	327	7.73%, see rank	6.81%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	87031 Zip Code	New Mexico	U.S.
Total Housing Units	16,607, 100%	907,233	132,741,033
1-unit, Detached	9,485, 57.11%, see rank	64.81%	61.65%
1-unit, Attached	488, 2.94%, see rank	3.71%	5.82%
2 Units	35, 0.21%, see rank	1.92%	3.75%
3 or 4 Units	415, 2.50%, see rank	3.65%	4.43%
5 to 9 Units	102, 0.61%, see rank	2.72%	4.78%
10 or More Units	162, 0.98%, see rank	6.53%	13.08%
Mobile Home, Boat, RV, Van, etc.	5,920, 35.65%, see rank	16.67%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	87031 Zip Code	New Mexico	U.S.
Total Housing Units	16,607, 100%	907,233	132,741,033
1 Room	172, 1.04%, see rank	2.62%	1.95%
2 Rooms	50, 0.30%, see rank	2.34%	2.48%
3 Rooms	683, 4.11%, see rank	7.65%	9.13%
4 Rooms	2,240, 13.49%, see rank	17.57%	16.60%
5 Rooms	4,545, 27.37%, see rank	24.59%	20.41%
6 Rooms	3,906, 23.52%, see rank	20.08%	18.06%
7 Rooms	2,501, 15.06%, see rank	12.20%	12.27%
8 Rooms	1,260, 7.59%, see rank	6.66%	8.48%
9 Rooms or More	1,250, 7.53%, see rank	6.29%	10.60%
Median Rooms	5.70, see rank	5.30	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	87031 Zip Code	New Mexico	U.S.
Total Housing Units	16,607, 100%	907,233	132,741,033
No Bedroom	172, 1.04%, see rank	2.87%	2.17%
1 Bedroom	495, 2.98%, see rank	9.24%	11.16%
2 Bedrooms	2,884, 17.37%, see rank	25.66%	26.69%
3 Bedrooms	9,811, 59.08%, see rank	46.23%	39.70%
4 Bedrooms	2,710, 16.32%, see rank	13.82%	16.05%
5 or More Bedrooms	535, 3.22%, see rank	2.18%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	87031 Zip Code	New Mexico	U.S.
Total Housing Units	14,947, 100%	764,684	116,211,092
Utility Gas	10,143, 67.86%, see rank	66.93%	48.85%
Bottled, Tank, or LP Gas	2,010, 13.45%, see rank	8.60%	4.86%
Electricity	1,143, 7.65%, see rank	16.11%	36.68%
Fuel Oil, Kerosene, etc.	39, 0.26%, see rank	0.13%	5.86%
Coal or Coke	0, 0.00%, see rank	0.04%	0.12%
Wood	1,304, 8.72%, see rank	6.80%	2.12%
Solar Energy	14, 0.09%, see rank	0.26%	0.05%
Other Fuel	294, 1.97%, see rank	0.94%	0.47%
No Fuel Used	0, 0.00%, see rank	0.19%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	87031 Zip Code	New Mexico	U.S.
Occupied Units Paying Rent	2,604, 100%	224,786	39,201,928
$199 or Less	0, 0.00%, see rank	1.92%	1.50%
$200 to $299	127, 4.88%, see rank	3.59%	3.18%
$300 to $499	447, 17.17%, see rank	11.64%	7.37%
$500 to $699	619, 23.77%, see rank	23.80%	16.01%
$700 to $999	815, 31.30%, see rank	31.60%	29.17%
$1,000 to $1,499	596, 22.89%, see rank	21.59%	26.88%
$1,500 to $1,999	0, 0.00%, see rank	4.42%	9.79%
$2,000 or More	0, 0.00%, see rank	1.44%	6.10%
Median	$730, see rank	$774	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	87031 Zip Code	New Mexico	U.S.
Occupied Housing Units	14,947, 100%	764,684	116,211,092
No Vehicles Available	619, 4.14%, see rank	5.73%	9.12%
1 Vehicles Available	4,366, 29.21%, see rank	33.48%	33.80%
2 Vehicles Available	5,617, 37.58%, see rank	37.82%	37.48%
3 or More Vehicles Available	4,345, 29.07%, see rank	22.97%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.