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.


Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom12.70%
Two Bedrooms32.80%
Three Bedrooms46.20%
Four Bedrooms6.10%
Five Bedrooms or more1%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.63
Median year structure was built1977
Median Value of occupied units$117,800
Median Price asked for vacant units$93,300

Rented Homes, Apartments and Condos

Average Household Size2.39
Median year structure was built1973
Median Monthly Rent asked for vacant units$409

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.90%
Home Equity Loan1.70%
Simple Mortgage39.40%
Debt Free55.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.7%