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87507 Zip Code Housing

 
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As of 2010-2014, median price of a house in 87507 Zip Code is $202,900, which is higher than the state average of $159,300 and is higher than the national average of $175,700. The median year that a house in 87507 Zip Code was built is 1993, 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 ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 11,464 Owner Occupied Houses in 87507 Zip Code, see rank
87507 Zip Code
202,900 USD
New Mexico
159,300 USD
U.S.
175,700 USD
Median House Price Growth Since 2008-2012, see rank
87507 Zip Code
-6.58%
New Mexico
47.36%
U.S.
46.91%

*The 87507 Zip Code median house price growth rate is since 2008-2012. The New Mexico and U.S population growth rate is since 2000.
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

 87507 Zip CodeNew MexicoU.S.
Total Housing Units18,536, see rank, 100%907,233132,741,033
Occupied Housing Units17,168, 92.62%, see rank84.29%87.55%
Owner Occupied11,464, 61.85%, see rank57.46%56.34%
Renter Occupied5,704, 30.77%, see rank26.83%31.21%
Vacant Housing Units1,368, 7.38%, see rank15.71%12.45%
For Rent260, 1.40%, see rank2.38%2.34%
For Sale Only327, 1.76%, see rank1.36%1.20%
Rented or Sold, Not Occupied41, 0.22%, see rank0.84%0.92%
For Seasonal, Recreational, or Occasional Use499, 2.69%, see rank5.69%3.97%
For Migrant Workers0, 0.00%, see rank0.11%0.03%
Other Vacant241, 1.30%, see rank5.34%4.00%

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

Year Structure Built

Median Built Year, #22
87507 Zip CodeNew MexicoU.S.
199319811976

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

 87507 Zip Code%New MexicoU.S.
Owner-Occupied Units11,464100%521,27874,787,460
With a Mortgage7,66866.89%, see rank58.53%65.58%
Without a Mortgage3,79633.11%, see rank41.47%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
87507 Zip Code
1,408 USD
New Mexico
1,242 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner Costs87507 Zip Code%New MexicoU.S.
$299 or Less220.29%, see rank0.22%0.20%
$300 to $499570.74%, see rank2.56%1.59%
$500 to $6994706.13%, see rank8.36%5.01%
$700 to $99998912.90%, see rank20.68%14.32%
$1,000 to $1,4992,83536.97%, see rank34.20%27.90%
$1,500 to $1,9991,77423.14%, see rank18.89%20.35%
$2,000 to $2,9991,29916.94%, see rank11.36%19.52%
$3,000 or More2222.90%, see rank3.72%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
87507 Zip Code
27.50% 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
 87507 Zip Code%New MexicoU.S.
10% or Less3965.16%, see rank7.26%5.86%
10% to 20%1,97025.69%, see rank32.85%31.95%
20% to 30%1,96025.56%, see rank25.70%27.64%
30% to 40%1,04413.62%, see rank12.87%13.74%
40% or More2,19528.63%, see rank20.48%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
87507 Zip Code
352 USD
New Mexico
324 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner Costs87507 Zip Code%New MexicoU.S.
$199 or Less57115.04%, see rank19.60%7.76%
$200 to $29984022.13%, see rank24.69%14.70%
$300 to $4991,24132.69%, see rank37.15%34.63%
$500 to $69946912.36%, see rank12.63%21.16%
$700 or More67517.78%, see rank5.93%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
87507 Zip Code
12.60% 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
 87507 Zip Code%New MexicoU.S.
10% or Less1,63042.94%, see rank49.80%40.19%
10% to 20%95725.21%, see rank27.25%31.47%
20% to 30%50513.30%, see rank9.72%12.24%
30% to 40%2195.77%, see rank4.52%5.64%
40% or More44611.75%, see rank6.81%9.16%

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

Units in Structure

 87507 Zip CodeNew MexicoU.S.
Total Housing Units18,536, 100%907,233132,741,033
1-unit, Detached9,606, 51.82%, see rank64.81%61.65%
1-unit, Attached1,334, 7.20%, see rank3.71%5.82%
2 Units213, 1.15%, see rank1.92%3.75%
3 or 4 Units674, 3.64%, see rank3.65%4.43%
5 to 9 Units689, 3.72%, see rank2.72%4.78%
10 or More Units1,554, 8.38%, see rank6.53%13.08%
Mobile Home, Boat, RV, Van, etc.4,466, 24.09%, see rank16.67%6.49%

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

Rooms

 87507 Zip CodeNew MexicoU.S.
Total Housing Units18,536, 100%907,233132,741,033
1 Room486, 2.62%, see rank2.62%1.95%
2 Rooms582, 3.14%, see rank2.34%2.48%
3 Rooms1,586, 8.56%, see rank7.65%9.13%
4 Rooms3,425, 18.48%, see rank17.57%16.60%
5 Rooms5,084, 27.43%, see rank24.59%20.41%
6 Rooms3,668, 19.79%, see rank20.08%18.06%
7 Rooms2,030, 10.95%, see rank12.20%12.27%
8 Rooms940, 5.07%, see rank6.66%8.48%
9 Rooms or More735, 3.97%, see rank6.29%10.60%
Median Rooms5.10, see rank5.305.50

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

Bedrooms

 87507 Zip CodeNew MexicoU.S.
Total Housing Units18,536, 100%907,233132,741,033
No Bedroom545, 2.94%, see rank2.87%2.17%
1 Bedroom1,455, 7.85%, see rank9.24%11.16%
2 Bedrooms4,664, 25.16%, see rank25.66%26.69%
3 Bedrooms9,265, 49.98%, see rank46.23%39.70%
4 Bedrooms2,166, 11.69%, see rank13.82%16.05%
5 or More Bedrooms441, 2.38%, see rank2.18%4.22%

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

House Heating Fuel

 87507 Zip CodeNew MexicoU.S.
Total Housing Units17,168, 100%764,684116,211,092
Utility Gas13,320, 77.59%, see rank66.93%48.85%
Bottled, Tank, or LP Gas720, 4.19%, see rank8.60%4.86%
Electricity2,443, 14.23%, see rank16.11%36.68%
Fuel Oil, Kerosene, etc.45, 0.26%, see rank0.13%5.86%
Coal or Coke0, 0.00%, see rank0.04%0.12%
Wood487, 2.84%, see rank6.80%2.12%
Solar Energy40, 0.23%, see rank0.26%0.05%
Other Fuel92, 0.54%, see rank0.94%0.47%
No Fuel Used21, 0.12%, see rank0.19%1.00%

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

Gross Rent

Monthly Rental87507 Zip CodeNew MexicoU.S.
Occupied Units Paying Rent5,418, 100%224,78639,201,928
$199 or Less27, 0.50%, see rank1.92%1.50%
$200 to $299138, 2.55%, see rank3.59%3.18%
$300 to $499233, 4.30%, see rank11.64%7.37%
$500 to $699830, 15.32%, see rank23.80%16.01%
$700 to $9992,217, 40.92%, see rank31.60%29.17%
$1,000 to $1,4991,455, 26.85%, see rank21.59%26.88%
$1,500 to $1,999479, 8.84%, see rank4.42%9.79%
$2,000 or More39, 0.72%, see rank1.44%6.10%
Median$891, see rank$774$920

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

Vehicle Available

 87507 Zip CodeNew MexicoU.S.
Occupied Housing Units17,168, 100%764,684116,211,092
No Vehicles Available763, 4.44%, see rank5.73%9.12%
1 Vehicles Available6,077, 35.40%, see rank33.48%33.80%
2 Vehicles Available6,224, 36.25%, see rank37.82%37.48%
3 or More Vehicles Available4,104, 23.90%, see rank22.97%19.61%

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


 
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