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Hernandez, NM Housing

 
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As of 2010-2014, median price of a house in Hernandez is $123,500, which is lower than the state average of $159,300 and is lower than the national average of $175,700. The median year that a house in Hernandez was built is 1975, which is older than the median year for a house built in the state which is 1981 and is about the same as 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 302 Owner Occupied Houses in Hernandez, NM, #147
Hernandez, NM
123,500 USD
New Mexico
159,300 USD
U.S.
175,700 USD
Median House Price Growth Since 2006-2010, see rank
Hernandez, NM
-1.59%
New Mexico
47.36%
U.S.
46.91%

*The Hernandez, NM median house price growth rate is since 2006-2010. 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

 Hernandez, NMNew MexicoU.S.
Total Housing Units484, see rank, 100%907,233132,741,033
Occupied Housing Units386, 79.75%, see rank84.29%87.55%
Owner Occupied302, 62.40%, see rank57.46%56.34%
Renter Occupied84, 17.36%, see rank26.83%31.21%
Vacant Housing Units98, 20.25%, see rank15.71%12.45%
For Rent10, 2.07%, see rank2.38%2.34%
For Sale Only5, 1.03%, see rank1.36%1.20%
Rented or Sold, Not Occupied4, 0.83%, see rank0.84%0.92%
For Seasonal, Recreational, or Occasional Use10, 2.07%, see rank5.69%3.97%
For Migrant Workers4, 0.83%, see rank0.11%0.03%
Other Vacant65, 13.43%, see rank5.34%4.00%

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

Year Structure Built

Median Built Year, #268
Hernandez, NMNew MexicoU.S.
197519811976

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

 Hernandez, NM%New MexicoU.S.
Owner-Occupied Units302100%521,27874,787,460
With a Mortgage8227.15%, see rank58.53%65.58%
Without a Mortgage22072.85%, 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
Hernandez, NM
1,059 USD
New Mexico
1,242 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsHernandez, NM%New MexicoU.S.
$299 or Less00.00%, see rank0.22%0.20%
$300 to $499910.98%, see rank2.56%1.59%
$500 to $6992125.61%, see rank8.36%5.01%
$700 to $99978.54%, see rank20.68%14.32%
$1,000 to $1,4992328.05%, see rank34.20%27.90%
$1,500 to $1,99944.88%, see rank18.89%20.35%
$2,000 to $2,9991417.07%, see rank11.36%19.52%
$3,000 or More44.88%, see rank3.72%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Hernandez, NM
24.20% 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
 Hernandez, NM%New MexicoU.S.
10% or Less33.66%, see rank7.26%5.86%
10% to 20%2631.71%, see rank32.85%31.95%
20% to 30%1214.63%, see rank25.70%27.64%
30% to 40%1821.95%, see rank12.87%13.74%
40% or More1923.17%, 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
Hernandez, NM
239 USD
New Mexico
324 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsHernandez, NM%New MexicoU.S.
$199 or Less5826.36%, see rank19.60%7.76%
$200 to $2998538.64%, see rank24.69%14.70%
$300 to $4994821.82%, see rank37.15%34.63%
$500 to $699135.91%, see rank12.63%21.16%
$700 or More167.27%, see rank5.93%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Hernandez, NM
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
 Hernandez, NM%New MexicoU.S.
10% or Less11451.82%, see rank49.80%40.19%
10% to 20%3013.64%, see rank27.25%31.47%
20% to 30%146.36%, see rank9.72%12.24%
30% to 40%62.73%, see rank4.52%5.64%
40% or More5022.73%, 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

 Hernandez, NMNew MexicoU.S.
Total Housing Units484, 100%907,233132,741,033
1-unit, Detached271, 55.99%, see rank64.81%61.65%
1-unit, Attached10, 2.07%, see rank3.71%5.82%
2 Units0, 0.00%, see rank1.92%3.75%
3 or 4 Units0, 0.00%, see rank3.65%4.43%
5 to 9 Units0, 0.00%, see rank2.72%4.78%
10 or More Units0, 0.00%, see rank6.53%13.08%
Mobile Home, Boat, RV, Van, etc.203, 41.94%, see rank16.67%6.49%

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

Rooms

 Hernandez, NMNew MexicoU.S.
Total Housing Units484, 100%907,233132,741,033
1 Room0, 0.00%, see rank2.62%1.95%
2 Rooms61, 12.60%, see rank2.34%2.48%
3 Rooms9, 1.86%, see rank7.65%9.13%
4 Rooms92, 19.01%, see rank17.57%16.60%
5 Rooms141, 29.13%, see rank24.59%20.41%
6 Rooms101, 20.87%, see rank20.08%18.06%
7 Rooms42, 8.68%, see rank12.20%12.27%
8 Rooms6, 1.24%, see rank6.66%8.48%
9 Rooms or More32, 6.61%, see rank6.29%10.60%
Median Rooms5.10, see rank5.305.50

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

Bedrooms

 Hernandez, NMNew MexicoU.S.
Total Housing Units484, 100%907,233132,741,033
No Bedroom44, 9.09%, see rank2.87%2.17%
1 Bedroom29, 5.99%, see rank9.24%11.16%
2 Bedrooms115, 23.76%, see rank25.66%26.69%
3 Bedrooms240, 49.59%, see rank46.23%39.70%
4 Bedrooms46, 9.50%, see rank13.82%16.05%
5 or More Bedrooms10, 2.07%, see rank2.18%4.22%

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

House Heating Fuel

 Hernandez, NMNew MexicoU.S.
Total Housing Units386, 100%764,684116,211,092
Utility Gas270, 69.95%, see rank66.93%48.85%
Bottled, Tank, or LP Gas36, 9.33%, see rank8.60%4.86%
Electricity12, 3.11%, 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%
Wood66, 17.10%, see rank6.80%2.12%
Solar Energy0, 0.00%, see rank0.26%0.05%
Other Fuel2, 0.52%, 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 RentalHernandez, NMNew MexicoU.S.
Occupied Units Paying Rent22, 100%224,78639,201,928
$199 or Less0, 0.00%, see rank1.92%1.50%
$200 to $2993, 13.64%, see rank3.59%3.18%
$300 to $4995, 22.73%, see rank11.64%7.37%
$500 to $6990, 0.00%, see rank23.80%16.01%
$700 to $99912, 54.55%, see rank31.60%29.17%
$1,000 to $1,4992, 9.09%, see rank21.59%26.88%
$1,500 to $1,9990, 0.00%, see rank4.42%9.79%
$2,000 or More0, 0.00%, see rank1.44%6.10%
Median$725, see rank$774$920

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

Vehicle Available

 Hernandez, NMNew MexicoU.S.
Occupied Housing Units386, 100%764,684116,211,092
No Vehicles Available62, 16.06%, see rank5.73%9.12%
1 Vehicles Available73, 18.91%, see rank33.48%33.80%
2 Vehicles Available161, 41.71%, see rank37.82%37.48%
3 or More Vehicles Available90, 23.32%, see rank22.97%19.61%

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


 
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