Bayard, NM Real Estate
According to census data in the year 2000 there were 1,101 housing units in Bayard.
This represents a 7.1% growth from 1,028 in 1990.
Of those housing units, 1,099 were located in either urbanized areas or urban clusters, and 2 were located in what is classified as a rural area.
Homeownership rate in Bayard is about 75.4%.
Bayard's vacancy rate, including seasonal lodging, is about 11.4%.
Average household size is 2.62 people.
The majority of houses, apartments or condos in Bayard were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 12.20% |
| Two Bedrooms | 31.40% |
| Three Bedrooms | 46.50% |
| Four Bedrooms | 8.70% |
| Five Bedrooms or more | 0.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.69 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $63,200 |
| Median Price asked for vacant units | $41,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.41 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $285 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 3% |
| Home Equity Loan | 3% |
| Simple Mortgage | 34.30% |
| Debt Free | 59.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.3% |
