USA.com / New Mexico / Quay County / Tucumcari, NM / 88401 / Housing

88401 Zip Code Housing

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As of 2010-2014, median price of a house in 88401 Zip Code is $70,000, which is much lower than the state average of $159,300 and is much lower than the national average of $175,700. The 88401 Zip Code median house value has grown by 32.08% since 2000. The growth rate for the price of a house in 88401 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 88401 Zip Code was built is 1965, 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 Gross Rent Vehicle Available

House Value

Median Value of a Total of 1,839 Owner Occupied Houses in 88401 Zip Code, see rank

88401 Zip Code	70,000 USD
New Mexico	159,300 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, see rank

88401 Zip Code	32.08%
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

	88401 Zip Code	New Mexico	U.S.
Total Housing Units	3,724, see rank, 100%	907,233	132,741,033
Occupied Housing Units	2,490, 66.86%, see rank	84.29%	87.55%
Owner Occupied	1,839, 49.38%, see rank	57.46%	56.34%
Renter Occupied	651, 17.48%, see rank	26.83%	31.21%
Vacant Housing Units	1,234, 33.14%, see rank	15.71%	12.45%
For Rent	78, 2.09%, see rank	2.38%	2.34%
For Sale Only	62, 1.66%, 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	686, 18.42%, see rank	5.69%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.11%	0.03%
Other Vacant	408, 10.96%, see rank	5.34%	4.00%

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

Year Structure Built

Median Built Year, #285

88401 Zip Code	New Mexico	U.S.
1965	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

	88401 Zip Code	%	New Mexico	U.S.
Owner-Occupied Units	1,839	100%	521,278	74,787,460
With a Mortgage	702	38.17%, see rank	58.53%	65.58%
Without a Mortgage	1,137	61.83%, 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

88401 Zip Code	815 USD
New Mexico	1,242 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	88401 Zip Code	%	New Mexico	U.S.
$299 or Less	0	0.00%, see rank	0.22%	0.20%
$300 to $499	61	8.69%, see rank	2.56%	1.59%
$500 to $699	200	28.49%, see rank	8.36%	5.01%
$700 to $999	233	33.19%, see rank	20.68%	14.32%
$1,000 to $1,499	118	16.81%, see rank	34.20%	27.90%
$1,500 to $1,999	38	5.41%, see rank	18.89%	20.35%
$2,000 to $2,999	35	4.99%, see rank	11.36%	19.52%
$3,000 or More	17	2.42%, see rank	3.72%	11.12%

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

88401 Zip Code	23.90% 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

	88401 Zip Code	%	New Mexico	U.S.
10% or Less	52	7.41%, see rank	7.26%	5.86%
10% to 20%	234	33.33%, see rank	32.85%	31.95%
20% to 30%	138	19.66%, see rank	25.70%	27.64%
30% to 40%	112	15.95%, see rank	12.87%	13.74%
40% or More	166	23.65%, 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

88401 Zip Code	260 USD
New Mexico	324 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	88401 Zip Code	%	New Mexico	U.S.
$199 or Less	335	29.46%, see rank	19.60%	7.76%
$200 to $299	334	29.38%, see rank	24.69%	14.70%
$300 to $499	344	30.26%, see rank	37.15%	34.63%
$500 to $699	101	8.88%, see rank	12.63%	21.16%
$700 or More	23	2.02%, see rank	5.93%	21.75%

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

88401 Zip Code	12.00% 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

	88401 Zip Code	%	New Mexico	U.S.
10% or Less	474	41.69%, see rank	49.80%	40.19%
10% to 20%	286	25.15%, see rank	27.25%	31.47%
20% to 30%	204	17.94%, see rank	9.72%	12.24%
30% to 40%	66	5.80%, see rank	4.52%	5.64%
40% or More	97	8.53%, 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

	88401 Zip Code	New Mexico	U.S.
Total Housing Units	3,724, 100%	907,233	132,741,033
1-unit, Detached	2,787, 74.84%, see rank	64.81%	61.65%
1-unit, Attached	12, 0.32%, see rank	3.71%	5.82%
2 Units	153, 4.11%, see rank	1.92%	3.75%
3 or 4 Units	45, 1.21%, see rank	3.65%	4.43%
5 to 9 Units	84, 2.26%, see rank	2.72%	4.78%
10 or More Units	75, 2.01%, see rank	6.53%	13.08%
Mobile Home, Boat, RV, Van, etc.	568, 15.25%, see rank	16.67%	6.49%

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

Rooms

	88401 Zip Code	New Mexico	U.S.
Total Housing Units	3,724, 100%	907,233	132,741,033
1 Room	119, 3.20%, see rank	2.62%	1.95%
2 Rooms	19, 0.51%, see rank	2.34%	2.48%
3 Rooms	180, 4.83%, see rank	7.65%	9.13%
4 Rooms	678, 18.21%, see rank	17.57%	16.60%
5 Rooms	1,039, 27.90%, see rank	24.59%	20.41%
6 Rooms	825, 22.15%, see rank	20.08%	18.06%
7 Rooms	456, 12.24%, see rank	12.20%	12.27%
8 Rooms	275, 7.38%, see rank	6.66%	8.48%
9 Rooms or More	133, 3.57%, 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

	88401 Zip Code	New Mexico	U.S.
Total Housing Units	3,724, 100%	907,233	132,741,033
No Bedroom	119, 3.20%, see rank	2.87%	2.17%
1 Bedroom	325, 8.73%, see rank	9.24%	11.16%
2 Bedrooms	1,238, 33.24%, see rank	25.66%	26.69%
3 Bedrooms	1,765, 47.40%, see rank	46.23%	39.70%
4 Bedrooms	228, 6.12%, see rank	13.82%	16.05%
5 or More Bedrooms	49, 1.32%, see rank	2.18%	4.22%

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

House Heating Fuel

	88401 Zip Code	New Mexico	U.S.
Total Housing Units	2,490, 100%	764,684	116,211,092
Utility Gas	1,243, 49.92%, see rank	66.93%	48.85%
Bottled, Tank, or LP Gas	362, 14.54%, see rank	8.60%	4.86%
Electricity	793, 31.85%, 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	84, 3.37%, 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	8, 0.32%, see rank	0.19%	1.00%

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

Gross Rent

Monthly Rental	88401 Zip Code	New Mexico	U.S.
Occupied Units Paying Rent	599, 100%	224,786	39,201,928
$199 or Less	87, 14.52%, see rank	1.92%	1.50%
$200 to $299	111, 18.53%, see rank	3.59%	3.18%
$300 to $499	168, 28.05%, see rank	11.64%	7.37%
$500 to $699	118, 19.70%, see rank	23.80%	16.01%
$700 to $999	100, 16.69%, see rank	31.60%	29.17%
$1,000 to $1,499	15, 2.50%, see rank	21.59%	26.88%
$1,500 to $1,999	0, 0.00%, see rank	4.42%	9.79%
$2,000 or More	0, 0.00%, see rank	1.44%	6.10%
Median	$396, see rank	$774	$920

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

Vehicle Available

	88401 Zip Code	New Mexico	U.S.
Occupied Housing Units	2,490, 100%	764,684	116,211,092
No Vehicles Available	271, 10.88%, see rank	5.73%	9.12%
1 Vehicles Available	1,103, 44.30%, see rank	33.48%	33.80%
2 Vehicles Available	661, 26.55%, see rank	37.82%	37.48%
3 or More Vehicles Available	455, 18.27%, see rank	22.97%	19.61%

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