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Torrance County Housing

 
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As of 2010-2014, median price of a house in Torrance County is $107,400, which is lower than the state average of $159,300 and is much lower than the national average of $175,700. The Torrance County median house value has grown by 29.71% since 2000. The growth rate for the price of a house in Torrance County 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 Torrance County was built is 1986, 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 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 4,548 Owner Occupied Houses in Torrance County, #19
Torrance County
107,400 USD
New Mexico
159,300 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #26
Torrance County
29.71%
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

 Torrance CountyNew MexicoU.S.
Total Housing Units7,774, see rank, 100%907,233132,741,033
Occupied Housing Units5,656, 72.76%, see rank84.29%87.55%
Owner Occupied4,548, 58.50%, see rank57.46%56.34%
Renter Occupied1,108, 14.25%, see rank26.83%31.21%
Vacant Housing Units2,118, 27.24%, see rank15.71%12.45%
For Rent138, 1.78%, see rank2.38%2.34%
For Sale Only82, 1.05%, see rank1.36%1.20%
Rented or Sold, Not Occupied126, 1.62%, see rank0.84%0.92%
For Seasonal, Recreational, or Occasional Use1,053, 13.55%, see rank5.69%3.97%
For Migrant Workers0, 0.00%, see rank0.11%0.03%
Other Vacant719, 9.25%, see rank5.34%4.00%

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

Year Structure Built

Median Built Year, #5
Torrance CountyNew MexicoU.S.
198619811976

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

 Torrance County%New MexicoU.S.
Owner-Occupied Units4,548100%521,27874,787,460
With a Mortgage2,60057.17%, see rank58.53%65.58%
Without a Mortgage1,94842.83%, 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
Torrance County
934 USD
New Mexico
1,242 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsTorrance County%New MexicoU.S.
$299 or Less00.00%, see rank0.22%0.20%
$300 to $4991174.50%, see rank2.56%1.59%
$500 to $69942516.35%, see rank8.36%5.01%
$700 to $99996036.92%, see rank20.68%14.32%
$1,000 to $1,49966225.46%, see rank34.20%27.90%
$1,500 to $1,99931912.27%, see rank18.89%20.35%
$2,000 to $2,9991174.50%, 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
Torrance County
24.50% 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
 Torrance County%New MexicoU.S.
10% or Less29211.23%, see rank7.26%5.86%
10% to 20%68826.46%, see rank32.85%31.95%
20% to 30%57722.19%, see rank25.70%27.64%
30% to 40%38514.81%, see rank12.87%13.74%
40% or More64824.92%, 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
Torrance County
318 USD
New Mexico
324 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsTorrance County%New MexicoU.S.
$199 or Less25713.19%, see rank19.60%7.76%
$200 to $29964733.21%, see rank24.69%14.70%
$300 to $49974338.14%, see rank37.15%34.63%
$500 to $6991839.39%, see rank12.63%21.16%
$700 or More1186.06%, see rank5.93%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Torrance County
15.00% 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
 Torrance County%New MexicoU.S.
10% or Less60330.95%, see rank49.80%40.19%
10% to 20%53427.41%, see rank27.25%31.47%
20% to 30%44923.05%, see rank9.72%12.24%
30% to 40%19610.06%, see rank4.52%5.64%
40% or More1256.42%, 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

 Torrance CountyNew MexicoU.S.
Total Housing Units7,774, 100%907,233132,741,033
1-unit, Detached4,356, 56.03%, see rank64.81%61.65%
1-unit, Attached41, 0.53%, see rank3.71%5.82%
2 Units15, 0.19%, see rank1.92%3.75%
3 or 4 Units38, 0.49%, see rank3.65%4.43%
5 to 9 Units48, 0.62%, see rank2.72%4.78%
10 or More Units16, 0.21%, see rank6.53%13.08%
Mobile Home, Boat, RV, Van, etc.3,260, 41.93%, see rank16.67%6.49%

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

Rooms

 Torrance CountyNew MexicoU.S.
Total Housing Units7,774, 100%907,233132,741,033
1 Room100, 1.29%, see rank2.62%1.95%
2 Rooms169, 2.17%, see rank2.34%2.48%
3 Rooms393, 5.06%, see rank7.65%9.13%
4 Rooms1,616, 20.79%, see rank17.57%16.60%
5 Rooms2,682, 34.50%, see rank24.59%20.41%
6 Rooms1,446, 18.60%, see rank20.08%18.06%
7 Rooms663, 8.53%, see rank12.20%12.27%
8 Rooms490, 6.30%, see rank6.66%8.48%
9 Rooms or More215, 2.77%, see rank6.29%10.60%
Median Rooms5.10, see rank5.305.50

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

Bedrooms

 Torrance CountyNew MexicoU.S.
Total Housing Units7,774, 100%907,233132,741,033
No Bedroom100, 1.29%, see rank2.87%2.17%
1 Bedroom530, 6.82%, see rank9.24%11.16%
2 Bedrooms2,245, 28.88%, see rank25.66%26.69%
3 Bedrooms3,853, 49.56%, see rank46.23%39.70%
4 Bedrooms947, 12.18%, see rank13.82%16.05%
5 or More Bedrooms99, 1.27%, see rank2.18%4.22%

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

House Heating Fuel

 Torrance CountyNew MexicoU.S.
Total Housing Units5,656, 100%764,684116,211,092
Utility Gas2,692, 47.60%, see rank66.93%48.85%
Bottled, Tank, or LP Gas1,305, 23.07%, see rank8.60%4.86%
Electricity385, 6.81%, see rank16.11%36.68%
Fuel Oil, Kerosene, etc.41, 0.72%, see rank0.13%5.86%
Coal or Coke9, 0.16%, see rank0.04%0.12%
Wood1,078, 19.06%, see rank6.80%2.12%
Solar Energy40, 0.71%, see rank0.26%0.05%
Other Fuel78, 1.38%, see rank0.94%0.47%
No Fuel Used28, 0.50%, see rank0.19%1.00%

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

Gross Rent

Monthly RentalTorrance CountyNew MexicoU.S.
Occupied Units Paying Rent899, 100%224,78639,201,928
$199 or Less18, 2.00%, see rank1.92%1.50%
$200 to $29940, 4.45%, see rank3.59%3.18%
$300 to $499113, 12.57%, see rank11.64%7.37%
$500 to $699296, 32.93%, see rank23.80%16.01%
$700 to $999250, 27.81%, see rank31.60%29.17%
$1,000 to $1,499181, 20.13%, see rank21.59%26.88%
$1,500 to $1,9991, 0.11%, see rank4.42%9.79%
$2,000 or More0, 0.00%, see rank1.44%6.10%
Median$688, see rank$774$920

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

Vehicle Available

 Torrance CountyNew MexicoU.S.
Occupied Housing Units5,656, 100%764,684116,211,092
No Vehicles Available280, 4.95%, see rank5.73%9.12%
1 Vehicles Available1,717, 30.36%, see rank33.48%33.80%
2 Vehicles Available1,895, 33.50%, see rank37.82%37.48%
3 or More Vehicles Available1,764, 31.19%, see rank22.97%19.61%

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


 
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