Espanola, NM Real Estate
According to census data in the year 2000 there were 4,077 housing units in Espanola.
This represents a 20.3% growth from 3,390 in 1990.
Of those housing units, 4,032 were located in either urbanized areas or urban clusters, and 45 were located in what is classified as a rural area.
Homeownership rate in Espanola is about 71%.
Espanola's vacancy rate, including seasonal lodging, is about 7.6%.
Average household size is 2.56 people.
The majority of houses, apartments or condos in Espanola were built after 1976.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 12.70% |
| Two Bedrooms | 32.80% |
| Three Bedrooms | 46.20% |
| Four Bedrooms | 6.10% |
| Five Bedrooms or more | 1% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.63 |
| Median year structure was built | 1977 |
| Median Value of occupied units | $117,800 |
| Median Price asked for vacant units | $93,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.39 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $409 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.90% |
| Home Equity Loan | 1.70% |
| Simple Mortgage | 39.40% |
| Debt Free | 55.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.7% |
