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Artesia, NM Real Estate


According to census data in the year 2000 there were 4,627 housing units in Artesia. This represents a 2.6% growth from 4,510 in 1990.

Of those housing units, 4,555 were located in either urbanized areas or urban clusters, and 72 were located in what is classified as a rural area.

Homeownership rate in Artesia is about 69.9%. Artesia's vacancy rate, including seasonal lodging, is about 11.2%. Average household size is 2.64 people.

The majority of houses, apartments or condos in Artesia were built after 1962.

Statistics

Housing Size

Housing Units by Size
Studio Type2.40%
One Bedroom14.60%
Two Bedrooms26.70%
Three Bedrooms48%
Four Bedrooms6.60%
Five Bedrooms or more1.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.72
Median year structure was built1960
Median Value of occupied units$62,800
Median Price asked for vacant units$43,300

Rented Homes, Apartments and Condos

Average Household Size2.46
Median year structure was built1967
Median Monthly Rent asked for vacant units$282

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage7.20%
Home Equity Loan2.20%
Simple Mortgage45.70%
Debt Free44.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs14.8%