USA.com / New Mexico / Eddy County / Malaga, NM / 88263 / Housing

88263 Zip Code Housing

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As of 2010-2014, median price of a house in 88263 Zip Code is $48,800, which is much lower than the state average of $159,300 and is much lower than the national average of $175,700. The 88263 Zip Code median house value has grown by 48.33% since 2000. The growth rate for the price of a house in 88263 Zip Code is about the same as the state average rate of 47.36% and is about the same as the national average rate of 46.91%. The median year that a house in 88263 Zip Code was built is 1960, 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 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 Vehicle Available

House Value

Median Value of a Total of 66 Owner Occupied Houses in 88263 Zip Code, see rank

88263 Zip Code	48,800 USD
New Mexico	159,300 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, see rank

88263 Zip Code	48.33%
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

	88263 Zip Code	New Mexico	U.S.
Total Housing Units	87, see rank, 100%	907,233	132,741,033
Occupied Housing Units	78, 89.66%, see rank	84.29%	87.55%
Owner Occupied	66, 75.86%, see rank	57.46%	56.34%
Renter Occupied	12, 13.79%, see rank	26.83%	31.21%
Vacant Housing Units	9, 10.34%, see rank	15.71%	12.45%
For Rent	0, 0.00%, see rank	2.38%	2.34%
For Sale Only	0, 0.00%, see rank	1.36%	1.20%
Rented or Sold, Not Occupied	0, 0.00%, see rank	0.84%	0.92%
For Seasonal, Recreational, or Occasional Use	0, 0.00%, see rank	5.69%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.11%	0.03%
Other Vacant	9, 10.34%, see rank	5.34%	4.00%

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

Year Structure Built

Median Built Year, #303

88263 Zip Code	New Mexico	U.S.
1960	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

	88263 Zip Code	%	New Mexico	U.S.
Owner-Occupied Units	66	100%	521,278	74,787,460
With a Mortgage	18	27.27%, see rank	58.53%	65.58%
Without a Mortgage	48	72.73%, 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

Owner Costs Distribution

Monthly Owner Costs	88263 Zip Code	%	New Mexico	U.S.
$299 or Less	0	0.00%, see rank	0.22%	0.20%
$300 to $499	12	66.67%, see rank	2.56%	1.59%
$500 to $699	0	0.00%, see rank	8.36%	5.01%
$700 to $999	6	33.33%, see rank	20.68%	14.32%
$1,000 to $1,499	0	0.00%, see rank	34.20%	27.90%
$1,500 to $1,999	0	0.00%, see rank	18.89%	20.35%
$2,000 to $2,999	0	0.00%, see rank	11.36%	19.52%
$3,000 or More	0	0.00%, see rank	3.72%	11.12%

Owner Cost as a Percentage of the Total Income, Distribution

	88263 Zip Code	%	New Mexico	U.S.
10% or Less	0	0.00%, see rank	7.26%	5.86%
10% to 20%	0	0.00%, see rank	32.85%	31.95%
20% to 30%	12	66.67%, see rank	25.70%	27.64%
30% to 40%	0	0.00%, see rank	12.87%	13.74%
40% or More	6	33.33%, 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

88263 Zip Code	276 USD
New Mexico	324 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	88263 Zip Code	%	New Mexico	U.S.
$199 or Less	0	0.00%, see rank	19.60%	7.76%
$200 to $299	36	75.00%, see rank	24.69%	14.70%
$300 to $499	0	0.00%, see rank	37.15%	34.63%
$500 to $699	6	12.50%, see rank	12.63%	21.16%
$700 or More	6	12.50%, see rank	5.93%	21.75%

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

88263 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

	88263 Zip Code	%	New Mexico	U.S.
10% or Less	31	64.58%, see rank	49.80%	40.19%
10% to 20%	17	35.42%, see rank	27.25%	31.47%
20% to 30%	0	0.00%, see rank	9.72%	12.24%
30% to 40%	0	0.00%, see rank	4.52%	5.64%
40% or More	0	0.00%, 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

	88263 Zip Code	New Mexico	U.S.
Total Housing Units	87, 100%	907,233	132,741,033
1-unit, Detached	62, 71.26%, see rank	64.81%	61.65%
1-unit, Attached	0, 0.00%, see rank	3.71%	5.82%
2 Units	0, 0.00%, see rank	1.92%	3.75%
3 or 4 Units	0, 0.00%, see rank	3.65%	4.43%
5 to 9 Units	0, 0.00%, see rank	2.72%	4.78%
10 or More Units	0, 0.00%, see rank	6.53%	13.08%
Mobile Home, Boat, RV, Van, etc.	25, 28.74%, see rank	16.67%	6.49%

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

Rooms

	88263 Zip Code	New Mexico	U.S.
Total Housing Units	87, 100%	907,233	132,741,033
1 Room	9, 10.34%, see rank	2.62%	1.95%
2 Rooms	0, 0.00%, see rank	2.34%	2.48%
3 Rooms	11, 12.64%, see rank	7.65%	9.13%
4 Rooms	0, 0.00%, see rank	17.57%	16.60%
5 Rooms	55, 63.22%, see rank	24.59%	20.41%
6 Rooms	6, 6.90%, see rank	20.08%	18.06%
7 Rooms	0, 0.00%, see rank	12.20%	12.27%
8 Rooms	6, 6.90%, see rank	6.66%	8.48%
9 Rooms or More	0, 0.00%, see rank	6.29%	10.60%
Median Rooms	4.90, see rank	5.30	5.50

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

Bedrooms

	88263 Zip Code	New Mexico	U.S.
Total Housing Units	87, 100%	907,233	132,741,033
No Bedroom	9, 10.34%, see rank	2.87%	2.17%
1 Bedroom	11, 12.64%, see rank	9.24%	11.16%
2 Bedrooms	30, 34.48%, see rank	25.66%	26.69%
3 Bedrooms	31, 35.63%, see rank	46.23%	39.70%
4 Bedrooms	6, 6.90%, see rank	13.82%	16.05%
5 or More Bedrooms	0, 0.00%, see rank	2.18%	4.22%

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

House Heating Fuel

	88263 Zip Code	New Mexico	U.S.
Total Housing Units	78, 100%	764,684	116,211,092
Utility Gas	43, 55.13%, see rank	66.93%	48.85%
Bottled, Tank, or LP Gas	29, 37.18%, see rank	8.60%	4.86%
Electricity	6, 7.69%, see rank	16.11%	36.68%
Fuel Oil, Kerosene, etc.	0, 0.00%, see rank	0.13%	5.86%
Coal or Coke	0, 0.00%, see rank	0.04%	0.12%
Wood	0, 0.00%, see rank	6.80%	2.12%
Solar Energy	0, 0.00%, see rank	0.26%	0.05%
Other Fuel	0, 0.00%, 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.

Vehicle Available

	88263 Zip Code	New Mexico	U.S.
Occupied Housing Units	78, 100%	764,684	116,211,092
No Vehicles Available	0, 0.00%, see rank	5.73%	9.12%
1 Vehicles Available	11, 14.10%, see rank	33.48%	33.80%
2 Vehicles Available	49, 62.82%, see rank	37.82%	37.48%
3 or More Vehicles Available	18, 23.08%, see rank	22.97%	19.61%

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