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Cedar Crest, NM Real Estate


According to census data in the year 2000 there were 508 housing units in Cedar Crest.

Of those housing units, none were located in either urbanized areas or urban clusters, and 508 were located in what is classified as a rural area.

Homeownership rate in Cedar Crest is about 83.6%. Cedar Crest's vacancy rate, including seasonal lodging, is about 4.9%. Average household size is 2.24 people.

The majority of houses, apartments or condos in Cedar Crest were built after 1979.

Statistics

Housing Size

Housing Units by Size
Studio Type1.80%
One Bedroom8.50%
Two Bedrooms23%
Three Bedrooms43.90%
Four Bedrooms19.50%
Five Bedrooms or more3.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.39
Median year structure was built1982
Median Value of occupied units$190,500
Median Price asked for vacant units$225,000

Rented Homes, Apartments and Condos

Average Household Size1.52
Median year structure was built1971
Median Monthly Rent asked for vacant units$342

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage11.50%
Home Equity Loan8.20%
Simple Mortgage56.90%
Debt Free23.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.1%