USA.com / New Mexico / Otero County / La Luz, NM / 88337 / Housing

88337 Zip Code Housing

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As of 2010-2014, median price of a house in 88337 Zip Code is $114,700, which is lower than the state average of $159,300 and is lower than the national average of $175,700. The 88337 Zip Code median house value has grown by 19.60% since 2000. The growth rate for the price of a house in 88337 Zip Code is lower than the state average rate of 47.36% and is lower than the national average rate of 46.91%. The median year that a house in 88337 Zip Code was built is 1984, 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 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 Gross Rent Vehicle Available

House Value

Median Value of a Total of 775 Owner Occupied Houses in 88337 Zip Code, see rank

88337 Zip Code	114,700 USD
New Mexico	159,300 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, see rank

88337 Zip Code	19.60%
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

	88337 Zip Code	New Mexico	U.S.
Total Housing Units	1,087, see rank, 100%	907,233	132,741,033
Occupied Housing Units	919, 84.54%, see rank	84.29%	87.55%
Owner Occupied	775, 71.30%, see rank	57.46%	56.34%
Renter Occupied	144, 13.25%, see rank	26.83%	31.21%
Vacant Housing Units	168, 15.46%, see rank	15.71%	12.45%
For Rent	0, 0.00%, see rank	2.38%	2.34%
For Sale Only	39, 3.59%, 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	33, 3.04%, see rank	5.69%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.11%	0.03%
Other Vacant	96, 8.83%, see rank	5.34%	4.00%

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

Year Structure Built

Median Built Year, #101

88337 Zip Code	New Mexico	U.S.
1984	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

	88337 Zip Code	%	New Mexico	U.S.
Owner-Occupied Units	775	100%	521,278	74,787,460
With a Mortgage	416	53.68%, see rank	58.53%	65.58%
Without a Mortgage	359	46.32%, 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

Median Owner Costs, see rank

88337 Zip Code	1,020 USD
New Mexico	1,242 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	88337 Zip Code	%	New Mexico	U.S.
$299 or Less	0	0.00%, see rank	0.22%	0.20%
$300 to $499	0	0.00%, see rank	2.56%	1.59%
$500 to $699	112	26.92%, see rank	8.36%	5.01%
$700 to $999	86	20.67%, see rank	20.68%	14.32%
$1,000 to $1,499	154	37.02%, see rank	34.20%	27.90%
$1,500 to $1,999	48	11.54%, see rank	18.89%	20.35%
$2,000 to $2,999	16	3.85%, 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, Median Percentage, see rank

88337 Zip Code	15.60% 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

	88337 Zip Code	%	New Mexico	U.S.
10% or Less	81	19.47%, see rank	7.26%	5.86%
10% to 20%	168	40.38%, see rank	32.85%	31.95%
20% to 30%	66	15.87%, see rank	25.70%	27.64%
30% to 40%	37	8.89%, see rank	12.87%	13.74%
40% or More	64	15.38%, 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

88337 Zip Code	313 USD
New Mexico	324 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	88337 Zip Code	%	New Mexico	U.S.
$199 or Less	63	17.55%, see rank	19.60%	7.76%
$200 to $299	108	30.08%, see rank	24.69%	14.70%
$300 to $499	131	36.49%, see rank	37.15%	34.63%
$500 to $699	21	5.85%, see rank	12.63%	21.16%
$700 or More	36	10.03%, see rank	5.93%	21.75%

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

88337 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

	88337 Zip Code	%	New Mexico	U.S.
10% or Less	177	49.30%, see rank	49.80%	40.19%
10% to 20%	60	16.71%, see rank	27.25%	31.47%
20% to 30%	64	17.83%, see rank	9.72%	12.24%
30% to 40%	46	12.81%, 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

	88337 Zip Code	New Mexico	U.S.
Total Housing Units	1,087, 100%	907,233	132,741,033
1-unit, Detached	656, 60.35%, see rank	64.81%	61.65%
1-unit, Attached	13, 1.20%, 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.	418, 38.45%, see rank	16.67%	6.49%

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

Rooms

	88337 Zip Code	New Mexico	U.S.
Total Housing Units	1,087, 100%	907,233	132,741,033
1 Room	35, 3.22%, see rank	2.62%	1.95%
2 Rooms	30, 2.76%, see rank	2.34%	2.48%
3 Rooms	95, 8.74%, see rank	7.65%	9.13%
4 Rooms	116, 10.67%, see rank	17.57%	16.60%
5 Rooms	341, 31.37%, see rank	24.59%	20.41%
6 Rooms	165, 15.18%, see rank	20.08%	18.06%
7 Rooms	79, 7.27%, see rank	12.20%	12.27%
8 Rooms	99, 9.11%, see rank	6.66%	8.48%
9 Rooms or More	127, 11.68%, see rank	6.29%	10.60%
Median Rooms	5.30, see rank	5.30	5.50

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

Bedrooms

	88337 Zip Code	New Mexico	U.S.
Total Housing Units	1,087, 100%	907,233	132,741,033
No Bedroom	35, 3.22%, see rank	2.87%	2.17%
1 Bedroom	77, 7.08%, see rank	9.24%	11.16%
2 Bedrooms	234, 21.53%, see rank	25.66%	26.69%
3 Bedrooms	527, 48.48%, see rank	46.23%	39.70%
4 Bedrooms	214, 19.69%, 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

	88337 Zip Code	New Mexico	U.S.
Total Housing Units	919, 100%	764,684	116,211,092
Utility Gas	198, 21.55%, see rank	66.93%	48.85%
Bottled, Tank, or LP Gas	354, 38.52%, see rank	8.60%	4.86%
Electricity	188, 20.46%, 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	179, 19.48%, 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.

Gross Rent

Monthly Rental	88337 Zip Code	New Mexico	U.S.
Occupied Units Paying Rent	121, 100%	224,786	39,201,928
$199 or Less	0, 0.00%, see rank	1.92%	1.50%
$200 to $299	0, 0.00%, see rank	3.59%	3.18%
$300 to $499	0, 0.00%, see rank	11.64%	7.37%
$500 to $699	20, 16.53%, see rank	23.80%	16.01%
$700 to $999	88, 72.73%, see rank	31.60%	29.17%
$1,000 to $1,499	9, 7.44%, see rank	21.59%	26.88%
$1,500 to $1,999	4, 3.31%, see rank	4.42%	9.79%
$2,000 or More	0, 0.00%, see rank	1.44%	6.10%
Median	$851, see rank	$774	$920

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

Vehicle Available

	88337 Zip Code	New Mexico	U.S.
Occupied Housing Units	919, 100%	764,684	116,211,092
No Vehicles Available	34, 3.70%, see rank	5.73%	9.12%
1 Vehicles Available	237, 25.79%, see rank	33.48%	33.80%
2 Vehicles Available	288, 31.34%, see rank	37.82%	37.48%
3 or More Vehicles Available	360, 39.17%, see rank	22.97%	19.61%

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