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La Luz, NM Housing

 
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As of 2010-2014, median price of a house in La Luz is $78,500, which is much lower than the state average of $159,300 and is much lower than the national average of $175,700. The La Luz median house value has shrunk by 14.67% since 2000. The growth rate for the price of a house in La Luz is much lower than the state average rate of 47.36% and is much lower than the national average rate of 46.91%. The median year that a house in La Luz was built is 1980, which is about the same as 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 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 446 Owner Occupied Houses in La Luz, NM, #257
La Luz, NM
78,500 USD
New Mexico
159,300 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #195
La Luz, NM
-14.67%
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

 La Luz, NMNew MexicoU.S.
Total Housing Units745, see rank, 100%907,233132,741,033
Occupied Housing Units573, 76.91%, see rank84.29%87.55%
Owner Occupied446, 59.87%, see rank57.46%56.34%
Renter Occupied127, 17.05%, see rank26.83%31.21%
Vacant Housing Units172, 23.09%, see rank15.71%12.45%
For Rent0, 0.00%, see rank2.38%2.34%
For Sale Only36, 4.83%, see rank1.36%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank0.84%0.92%
For Seasonal, Recreational, or Occasional Use71, 9.53%, see rank5.69%3.97%
For Migrant Workers0, 0.00%, see rank0.11%0.03%
Other Vacant65, 8.72%, see rank5.34%4.00%

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

Year Structure Built

Median Built Year, #186
La Luz, NMNew MexicoU.S.
198019811976

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

 La Luz, NM%New MexicoU.S.
Owner-Occupied Units446100%521,27874,787,460
With a Mortgage24154.04%, see rank58.53%65.58%
Without a Mortgage20545.96%, 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
La Luz, NM
785 USD
New Mexico
1,242 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsLa Luz, NM%New MexicoU.S.
$299 or Less00.00%, see rank0.22%0.20%
$300 to $49900.00%, see rank2.56%1.59%
$500 to $6997229.88%, see rank8.36%5.01%
$700 to $9996125.31%, see rank20.68%14.32%
$1,000 to $1,4998635.68%, see rank34.20%27.90%
$1,500 to $1,999229.13%, see rank18.89%20.35%
$2,000 to $2,99900.00%, see rank11.36%19.52%
$3,000 or More00.00%, see rank3.72%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
La Luz, NM
14.70% 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
 La Luz, NM%New MexicoU.S.
10% or Less5824.07%, see rank7.26%5.86%
10% to 20%10844.81%, see rank32.85%31.95%
20% to 30%2510.37%, see rank25.70%27.64%
30% to 40%2711.20%, see rank12.87%13.74%
40% or More239.54%, 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
La Luz, NM
270 USD
New Mexico
324 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsLa Luz, NM%New MexicoU.S.
$199 or Less5928.78%, see rank19.60%7.76%
$200 to $2995526.83%, see rank24.69%14.70%
$300 to $4999144.39%, see rank37.15%34.63%
$500 to $69900.00%, see rank12.63%21.16%
$700 to $99900.00%, see rank0.00%0.00%
$1,000 or More00.00%, see rank0.00%0.00%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
La Luz, NM
12.10% 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
 La Luz, NM%New MexicoU.S.
10% or Less8440.98%, see rank49.80%40.19%
10% to 20%3014.63%, see rank27.25%31.47%
20% to 30%3316.10%, see rank9.72%12.24%
30% to 40%4622.44%, see rank4.52%5.64%
40% or More00.00%, 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

 La Luz, NMNew MexicoU.S.
Total Housing Units745, 100%907,233132,741,033
1-unit, Detached404, 54.23%, see rank64.81%61.65%
1-unit, Attached20, 2.68%, 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.321, 43.09%, see rank16.67%6.49%

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

Rooms

 La Luz, NMNew MexicoU.S.
Total Housing Units745, 100%907,233132,741,033
1 Room35, 4.70%, see rank2.62%1.95%
2 Rooms46, 6.17%, see rank2.34%2.48%
3 Rooms56, 7.52%, see rank7.65%9.13%
4 Rooms189, 25.37%, see rank17.57%16.60%
5 Rooms235, 31.54%, see rank24.59%20.41%
6 Rooms74, 9.93%, see rank20.08%18.06%
7 Rooms34, 4.56%, see rank12.20%12.27%
8 Rooms0, 0.00%, see rank6.66%8.48%
9 Rooms or More76, 10.20%, see rank6.29%10.60%
Median Rooms4.70, see rank5.305.50

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

Bedrooms

 La Luz, NMNew MexicoU.S.
Total Housing Units745, 100%907,233132,741,033
No Bedroom35, 4.70%, see rank2.87%2.17%
1 Bedroom68, 9.13%, see rank9.24%11.16%
2 Bedrooms295, 39.60%, see rank25.66%26.69%
3 Bedrooms265, 35.57%, see rank46.23%39.70%
4 Bedrooms82, 11.01%, see rank13.82%16.05%
5 or More Bedrooms0, 0.00%, see rank2.18%4.22%

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

House Heating Fuel

 La Luz, NMNew MexicoU.S.
Total Housing Units573, 100%764,684116,211,092
Utility Gas251, 43.80%, see rank66.93%48.85%
Bottled, Tank, or LP Gas122, 21.29%, see rank8.60%4.86%
Electricity141, 24.61%, 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%
Wood52, 9.08%, see rank6.80%2.12%
Solar Energy0, 0.00%, see rank0.26%0.05%
Other Fuel7, 1.22%, 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 RentalLa Luz, NMNew MexicoU.S.
Occupied Units Paying Rent104, 100%224,78639,201,928
$199 or Less0, 0.00%, see rank1.92%1.50%
$200 to $2990, 0.00%, see rank3.59%3.18%
$300 to $49923, 22.12%, see rank11.64%7.37%
$500 to $69943, 41.35%, see rank23.80%16.01%
$700 to $99938, 36.54%, see rank31.60%29.17%
$1,000 to $1,4990, 0.00%, 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$581, see rank$774$920

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

Vehicle Available

 La Luz, NMNew MexicoU.S.
Occupied Housing Units573, 100%764,684116,211,092
No Vehicles Available26, 4.54%, see rank5.73%9.12%
1 Vehicles Available157, 27.40%, see rank33.48%33.80%
2 Vehicles Available172, 30.02%, see rank37.82%37.48%
3 or More Vehicles Available218, 38.05%, see rank22.97%19.61%

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


 
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