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88203 Zip Code Housing

 
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As of 2010-2014, median price of a house in 88203 Zip Code is $83,300, which is much lower than the state average of $159,300 and is much lower than the national average of $175,700. The median year that a house in 88203 Zip Code was built is 1963, 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 6,579 Owner Occupied Houses in 88203 Zip Code, see rank
88203 Zip Code
83,300 USD
New Mexico
159,300 USD
U.S.
175,700 USD
Median House Price Growth Since 2008-2012, see rank
88203 Zip Code
10.77%
New Mexico
47.36%
U.S.
46.91%

*The 88203 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

 88203 Zip CodeNew MexicoU.S.
Total Housing Units12,148, see rank, 100%907,233132,741,033
Occupied Housing Units10,801, 88.91%, see rank84.29%87.55%
Owner Occupied6,579, 54.16%, see rank57.46%56.34%
Renter Occupied4,222, 34.75%, see rank26.83%31.21%
Vacant Housing Units1,347, 11.09%, see rank15.71%12.45%
For Rent342, 2.82%, see rank2.38%2.34%
For Sale Only133, 1.09%, see rank1.36%1.20%
Rented or Sold, Not Occupied74, 0.61%, see rank0.84%0.92%
For Seasonal, Recreational, or Occasional Use8, 0.07%, see rank5.69%3.97%
For Migrant Workers6, 0.05%, see rank0.11%0.03%
Other Vacant784, 6.45%, see rank5.34%4.00%

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

Year Structure Built

Median Built Year, #293
88203 Zip CodeNew MexicoU.S.
196319811976

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

 88203 Zip Code%New MexicoU.S.
Owner-Occupied Units6,579100%521,27874,787,460
With a Mortgage3,43152.15%, see rank58.53%65.58%
Without a Mortgage3,14847.85%, 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
88203 Zip Code
844 USD
New Mexico
1,242 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner Costs88203 Zip Code%New MexicoU.S.
$299 or Less190.55%, see rank0.22%0.20%
$300 to $4992166.30%, see rank2.56%1.59%
$500 to $69990526.38%, see rank8.36%5.01%
$700 to $9991,07031.19%, see rank20.68%14.32%
$1,000 to $1,49998828.80%, see rank34.20%27.90%
$1,500 to $1,9991494.34%, see rank18.89%20.35%
$2,000 to $2,999391.14%, see rank11.36%19.52%
$3,000 or More451.31%, see rank3.72%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
88203 Zip Code
21.20% 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
 88203 Zip Code%New MexicoU.S.
10% or Less2918.48%, see rank7.26%5.86%
10% to 20%1,27137.04%, see rank32.85%31.95%
20% to 30%1,06531.04%, see rank25.70%27.64%
30% to 40%2868.34%, see rank12.87%13.74%
40% or More50814.81%, 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
88203 Zip Code
258 USD
New Mexico
324 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner Costs88203 Zip Code%New MexicoU.S.
$199 or Less86227.38%, see rank19.60%7.76%
$200 to $2991,28840.91%, see rank24.69%14.70%
$300 to $49985027.00%, see rank37.15%34.63%
$500 to $6991183.75%, see rank12.63%21.16%
$700 or More300.95%, see rank5.93%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
88203 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
 88203 Zip Code%New MexicoU.S.
10% or Less1,67853.30%, see rank49.80%40.19%
10% to 20%81525.89%, see rank27.25%31.47%
20% to 30%35911.40%, see rank9.72%12.24%
30% to 40%842.67%, see rank4.52%5.64%
40% or More1825.78%, 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

 88203 Zip CodeNew MexicoU.S.
Total Housing Units12,148, 100%907,233132,741,033
1-unit, Detached9,113, 75.02%, see rank64.81%61.65%
1-unit, Attached335, 2.76%, see rank3.71%5.82%
2 Units296, 2.44%, see rank1.92%3.75%
3 or 4 Units349, 2.87%, see rank3.65%4.43%
5 to 9 Units304, 2.50%, see rank2.72%4.78%
10 or More Units609, 5.01%, see rank6.53%13.08%
Mobile Home, Boat, RV, Van, etc.1,142, 9.40%, see rank16.67%6.49%

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

Rooms

 88203 Zip CodeNew MexicoU.S.
Total Housing Units12,148, 100%907,233132,741,033
1 Room260, 2.14%, see rank2.62%1.95%
2 Rooms370, 3.05%, see rank2.34%2.48%
3 Rooms959, 7.89%, see rank7.65%9.13%
4 Rooms1,886, 15.53%, see rank17.57%16.60%
5 Rooms3,062, 25.21%, see rank24.59%20.41%
6 Rooms3,033, 24.97%, see rank20.08%18.06%
7 Rooms1,478, 12.17%, see rank12.20%12.27%
8 Rooms691, 5.69%, see rank6.66%8.48%
9 Rooms or More409, 3.37%, see rank6.29%10.60%
Median Rooms5.30, see rank5.305.50

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

Bedrooms

 88203 Zip CodeNew MexicoU.S.
Total Housing Units12,148, 100%907,233132,741,033
No Bedroom339, 2.79%, see rank2.87%2.17%
1 Bedroom1,251, 10.30%, see rank9.24%11.16%
2 Bedrooms3,085, 25.40%, see rank25.66%26.69%
3 Bedrooms6,069, 49.96%, see rank46.23%39.70%
4 Bedrooms1,292, 10.64%, see rank13.82%16.05%
5 or More Bedrooms112, 0.92%, see rank2.18%4.22%

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

House Heating Fuel

 88203 Zip CodeNew MexicoU.S.
Total Housing Units10,801, 100%764,684116,211,092
Utility Gas6,351, 58.80%, see rank66.93%48.85%
Bottled, Tank, or LP Gas330, 3.06%, see rank8.60%4.86%
Electricity3,872, 35.85%, 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%
Wood213, 1.97%, see rank6.80%2.12%
Solar Energy3, 0.03%, see rank0.26%0.05%
Other Fuel4, 0.04%, see rank0.94%0.47%
No Fuel Used28, 0.26%, see rank0.19%1.00%

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

Gross Rent

Monthly Rental88203 Zip CodeNew MexicoU.S.
Occupied Units Paying Rent3,797, 100%224,78639,201,928
$199 or Less123, 3.24%, see rank1.92%1.50%
$200 to $299275, 7.24%, see rank3.59%3.18%
$300 to $499838, 22.07%, see rank11.64%7.37%
$500 to $6991,159, 30.52%, see rank23.80%16.01%
$700 to $999953, 25.10%, see rank31.60%29.17%
$1,000 to $1,499367, 9.67%, see rank21.59%26.88%
$1,500 to $1,99914, 0.37%, see rank4.42%9.79%
$2,000 or More68, 1.79%, see rank1.44%6.10%
Median$602, see rank$774$920

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

Vehicle Available

 88203 Zip CodeNew MexicoU.S.
Occupied Housing Units10,801, 100%764,684116,211,092
No Vehicles Available664, 6.15%, see rank5.73%9.12%
1 Vehicles Available3,710, 34.35%, see rank33.48%33.80%
2 Vehicles Available3,834, 35.50%, see rank37.82%37.48%
3 or More Vehicles Available2,593, 24.01%, see rank22.97%19.61%

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


 
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