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87718 Zip Code Housing

 
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As of 2010-2014, median price of a house in 87718 Zip Code is $160,000, which is about the same as the state average of $159,300 and is lower than the national average of $175,700. The 87718 Zip Code median house value has grown by 67.54% since 2000. The growth rate for the price of a house in 87718 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 87718 Zip Code was built is 1974, which is older than the median year for a house built in the state which is 1981 and is older 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 144 Owner Occupied Houses in 87718 Zip Code, see rank
87718 Zip Code
160,000 USD
New Mexico
159,300 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, see rank
87718 Zip Code
67.54%
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

 87718 Zip CodeNew MexicoU.S.
Total Housing Units685, see rank, 100%907,233132,741,033
Occupied Housing Units187, 27.30%, see rank84.29%87.55%
Owner Occupied144, 21.02%, see rank57.46%56.34%
Renter Occupied43, 6.28%, see rank26.83%31.21%
Vacant Housing Units498, 72.70%, see rank15.71%12.45%
For Rent9, 1.31%, see rank2.38%2.34%
For Sale Only0, 0.00%, see rank1.36%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank0.84%0.92%
For Seasonal, Recreational, or Occasional Use460, 67.15%, see rank5.69%3.97%
For Migrant Workers0, 0.00%, see rank0.11%0.03%
Other Vacant29, 4.23%, see rank5.34%4.00%

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

Year Structure Built

Median Built Year, #224
87718 Zip CodeNew MexicoU.S.
197419811976

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

 87718 Zip Code%New MexicoU.S.
Owner-Occupied Units144100%521,27874,787,460
With a Mortgage6545.14%, see rank58.53%65.58%
Without a Mortgage7954.86%, 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
87718 Zip Code
1,463 USD
New Mexico
1,242 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner Costs87718 Zip Code%New MexicoU.S.
$299 or Less00.00%, see rank0.22%0.20%
$300 to $49900.00%, see rank2.56%1.59%
$500 to $69957.69%, see rank8.36%5.01%
$700 to $9991320.00%, see rank20.68%14.32%
$1,000 to $1,4991624.62%, see rank34.20%27.90%
$1,500 to $1,9993147.69%, see rank18.89%20.35%
$2,000 to $2,99900.00%, see rank11.36%19.52%
$3,000 or More00.00%, see rank3.72%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
87718 Zip Code
27.20% 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
 87718 Zip Code%New MexicoU.S.
10% or Less46.15%, see rank7.26%5.86%
10% to 20%46.15%, see rank32.85%31.95%
20% to 30%2944.62%, see rank25.70%27.64%
30% to 40%00.00%, see rank12.87%13.74%
40% or More2843.08%, 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
87718 Zip Code
340 USD
New Mexico
324 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner Costs87718 Zip Code%New MexicoU.S.
$199 or Less1822.78%, see rank19.60%7.76%
$200 to $299810.13%, see rank24.69%14.70%
$300 to $4992531.65%, see rank37.15%34.63%
$500 to $6992835.44%, 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
87718 Zip Code
10.00% 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
 87718 Zip Code%New MexicoU.S.
10% or Less4860.76%, see rank49.80%40.19%
10% to 20%1518.99%, see rank27.25%31.47%
20% to 30%810.13%, see rank9.72%12.24%
30% to 40%00.00%, see rank4.52%5.64%
40% or More810.13%, 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

 87718 Zip CodeNew MexicoU.S.
Total Housing Units685, 100%907,233132,741,033
1-unit, Detached521, 76.06%, see rank64.81%61.65%
1-unit, Attached7, 1.02%, see rank3.71%5.82%
2 Units6, 0.88%, see rank1.92%3.75%
3 or 4 Units9, 1.31%, see rank3.65%4.43%
5 to 9 Units4, 0.58%, see rank2.72%4.78%
10 or More Units0, 0.00%, see rank6.53%13.08%
Mobile Home, Boat, RV, Van, etc.138, 20.15%, see rank16.67%6.49%

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

Rooms

 87718 Zip CodeNew MexicoU.S.
Total Housing Units685, 100%907,233132,741,033
1 Room4, 0.58%, see rank2.62%1.95%
2 Rooms63, 9.20%, see rank2.34%2.48%
3 Rooms116, 16.93%, see rank7.65%9.13%
4 Rooms143, 20.88%, see rank17.57%16.60%
5 Rooms232, 33.87%, see rank24.59%20.41%
6 Rooms56, 8.18%, see rank20.08%18.06%
7 Rooms40, 5.84%, see rank12.20%12.27%
8 Rooms9, 1.31%, see rank6.66%8.48%
9 Rooms or More22, 3.21%, see rank6.29%10.60%
Median Rooms4.60, see rank5.305.50

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

Bedrooms

 87718 Zip CodeNew MexicoU.S.
Total Housing Units685, 100%907,233132,741,033
No Bedroom4, 0.58%, see rank2.87%2.17%
1 Bedroom88, 12.85%, see rank9.24%11.16%
2 Bedrooms246, 35.91%, see rank25.66%26.69%
3 Bedrooms311, 45.40%, see rank46.23%39.70%
4 Bedrooms26, 3.80%, see rank13.82%16.05%
5 or More Bedrooms10, 1.46%, see rank2.18%4.22%

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

House Heating Fuel

 87718 Zip CodeNew MexicoU.S.
Total Housing Units187, 100%764,684116,211,092
Utility Gas4, 2.14%, see rank66.93%48.85%
Bottled, Tank, or LP Gas96, 51.34%, see rank8.60%4.86%
Electricity3, 1.60%, see rank16.11%36.68%
Fuel Oil, Kerosene, etc.24, 12.83%, see rank0.13%5.86%
Coal or Coke0, 0.00%, see rank0.04%0.12%
Wood50, 26.74%, see rank6.80%2.12%
Solar Energy6, 3.21%, see rank0.26%0.05%
Other Fuel4, 2.14%, 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 Rental87718 Zip CodeNew MexicoU.S.
Occupied Units Paying Rent41, 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 $4990, 0.00%, see rank11.64%7.37%
$500 to $69911, 26.83%, see rank23.80%16.01%
$700 to $9994, 9.76%, see rank31.60%29.17%
$1,000 to $1,49916, 39.02%, see rank21.59%26.88%
$1,500 to $1,99910, 24.39%, see rank4.42%9.79%
$2,000 or More0, 0.00%, see rank1.44%6.10%
Median$1,086, see rank$774$920

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

Vehicle Available

 87718 Zip CodeNew MexicoU.S.
Occupied Housing Units187, 100%764,684116,211,092
No Vehicles Available7, 3.74%, see rank5.73%9.12%
1 Vehicles Available40, 21.39%, see rank33.48%33.80%
2 Vehicles Available80, 42.78%, see rank37.82%37.48%
3 or More Vehicles Available60, 32.09%, see rank22.97%19.61%

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


 
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