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87557 Zip Code Housing

 
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As of 2010-2014, median price of a house in 87557 Zip Code is $233,000, which is higher than the state average of $159,300 and is higher than the national average of $175,700. The 87557 Zip Code median house value has grown by 53.90% since 2000. The growth rate for the price of a house in 87557 Zip Code is higher than the state average rate of 47.36% and is higher than the national average rate of 46.91%. The median year that a house in 87557 Zip Code was built is 1987, 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 1,911 Owner Occupied Houses in 87557 Zip Code, see rank
87557 Zip Code
233,000 USD
New Mexico
159,300 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, see rank
87557 Zip Code
53.90%
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

 87557 Zip CodeNew MexicoU.S.
Total Housing Units2,765, see rank, 100%907,233132,741,033
Occupied Housing Units2,397, 86.69%, see rank84.29%87.55%
Owner Occupied1,911, 69.11%, see rank57.46%56.34%
Renter Occupied486, 17.58%, see rank26.83%31.21%
Vacant Housing Units368, 13.31%, see rank15.71%12.45%
For Rent51, 1.84%, see rank2.38%2.34%
For Sale Only20, 0.72%, see rank1.36%1.20%
Rented or Sold, Not Occupied54, 1.95%, see rank0.84%0.92%
For Seasonal, Recreational, or Occasional Use140, 5.06%, see rank5.69%3.97%
For Migrant Workers0, 0.00%, see rank0.11%0.03%
Other Vacant103, 3.73%, see rank5.34%4.00%

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

Year Structure Built

Median Built Year, #68
87557 Zip CodeNew MexicoU.S.
198719811976

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

 87557 Zip Code%New MexicoU.S.
Owner-Occupied Units1,911100%521,27874,787,460
With a Mortgage1,02453.58%, see rank58.53%65.58%
Without a Mortgage88746.42%, 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
87557 Zip Code
1,323 USD
New Mexico
1,242 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner Costs87557 Zip Code%New MexicoU.S.
$299 or Less00.00%, see rank0.22%0.20%
$300 to $499232.25%, see rank2.56%1.59%
$500 to $69913012.70%, see rank8.36%5.01%
$700 to $99920219.73%, see rank20.68%14.32%
$1,000 to $1,49923022.46%, see rank34.20%27.90%
$1,500 to $1,99920019.53%, see rank18.89%20.35%
$2,000 to $2,99912912.60%, see rank11.36%19.52%
$3,000 or More11010.74%, see rank3.72%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
87557 Zip Code
29.50% 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
 87557 Zip Code%New MexicoU.S.
10% or Less494.79%, see rank7.26%5.86%
10% to 20%32231.45%, see rank32.85%31.95%
20% to 30%14714.36%, see rank25.70%27.64%
30% to 40%13813.48%, see rank12.87%13.74%
40% or More36835.94%, 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
87557 Zip Code
285 USD
New Mexico
324 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner Costs87557 Zip Code%New MexicoU.S.
$199 or Less19021.42%, see rank19.60%7.76%
$200 to $29930734.61%, see rank24.69%14.70%
$300 to $49921123.79%, see rank37.15%34.63%
$500 to $69917920.18%, see rank12.63%21.16%
$700 to $99900.00%, see rank0.00%0.00%
$1,000 or More00.00%, see rank0.00%0.00%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
87557 Zip Code
15.20% 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
 87557 Zip Code%New MexicoU.S.
10% or Less27831.34%, see rank49.80%40.19%
10% to 20%32236.30%, see rank27.25%31.47%
20% to 30%11613.08%, see rank9.72%12.24%
30% to 40%647.22%, see rank4.52%5.64%
40% or More10712.06%, 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

 87557 Zip CodeNew MexicoU.S.
Total Housing Units2,765, 100%907,233132,741,033
1-unit, Detached1,990, 71.97%, see rank64.81%61.65%
1-unit, Attached87, 3.15%, see rank3.71%5.82%
2 Units14, 0.51%, see rank1.92%3.75%
3 or 4 Units0, 0.00%, see rank3.65%4.43%
5 to 9 Units0, 0.00%, see rank2.72%4.78%
10 or More Units8, 0.29%, see rank6.53%13.08%
Mobile Home, Boat, RV, Van, etc.666, 24.09%, see rank16.67%6.49%

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

Rooms

 87557 Zip CodeNew MexicoU.S.
Total Housing Units2,765, 100%907,233132,741,033
1 Room87, 3.15%, see rank2.62%1.95%
2 Rooms84, 3.04%, see rank2.34%2.48%
3 Rooms280, 10.13%, see rank7.65%9.13%
4 Rooms563, 20.36%, see rank17.57%16.60%
5 Rooms636, 23.00%, see rank24.59%20.41%
6 Rooms564, 20.40%, see rank20.08%18.06%
7 Rooms208, 7.52%, see rank12.20%12.27%
8 Rooms187, 6.76%, see rank6.66%8.48%
9 Rooms or More156, 5.64%, see rank6.29%10.60%
Median Rooms5.10, see rank5.305.50

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

Bedrooms

 87557 Zip CodeNew MexicoU.S.
Total Housing Units2,765, 100%907,233132,741,033
No Bedroom87, 3.15%, see rank2.87%2.17%
1 Bedroom265, 9.58%, see rank9.24%11.16%
2 Bedrooms760, 27.49%, see rank25.66%26.69%
3 Bedrooms1,384, 50.05%, see rank46.23%39.70%
4 Bedrooms243, 8.79%, see rank13.82%16.05%
5 or More Bedrooms26, 0.94%, see rank2.18%4.22%

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

House Heating Fuel

 87557 Zip CodeNew MexicoU.S.
Total Housing Units2,397, 100%764,684116,211,092
Utility Gas944, 39.38%, see rank66.93%48.85%
Bottled, Tank, or LP Gas379, 15.81%, see rank8.60%4.86%
Electricity214, 8.93%, see rank16.11%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.13%5.86%
Coal or Coke0, 0.00%, see rank0.04%0.12%
Wood827, 34.50%, see rank6.80%2.12%
Solar Energy33, 1.38%, see rank0.26%0.05%
Other Fuel0, 0.00%, see rank0.94%0.47%
No Fuel Used0, 0.00%, see rank0.19%1.00%

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

Gross Rent

Monthly Rental87557 Zip CodeNew MexicoU.S.
Occupied Units Paying Rent436, 100%224,78639,201,928
$199 or Less0, 0.00%, see rank1.92%1.50%
$200 to $2990, 0.00%, see rank3.59%3.18%
$300 to $49972, 16.51%, see rank11.64%7.37%
$500 to $69929, 6.65%, see rank23.80%16.01%
$700 to $999191, 43.81%, see rank31.60%29.17%
$1,000 to $1,499144, 33.03%, see rank21.59%26.88%
$1,500 to $1,9990, 0.00%, see rank4.42%9.79%
$2,000 or More0, 0.00%, see rank1.44%6.10%
Median$946, see rank$774$920

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

Vehicle Available

 87557 Zip CodeNew MexicoU.S.
Occupied Housing Units2,397, 100%764,684116,211,092
No Vehicles Available149, 6.22%, see rank5.73%9.12%
1 Vehicles Available578, 24.11%, see rank33.48%33.80%
2 Vehicles Available920, 38.38%, see rank37.82%37.48%
3 or More Vehicles Available750, 31.29%, see rank22.97%19.61%

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


 
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