Hope, NM Real Estate

According to census data in the year 2000 there were 59 housing units in Hope. This represents a 7.3% growth from 55 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 59 were located in what is classified as a rural area.

Homeownership rate in Hope is about 63.3%. Hope's vacancy rate, including seasonal lodging, is about 16.9%. Average household size is 2.33 people.

The majority of houses, apartments or condos in Hope were built after 1963.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom23.70%
Two Bedrooms47.50%
Three Bedrooms23.70%
Four Bedrooms5.10%
Five Bedrooms or more0%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.65
Median year structure was built1978
Median Value of occupied units$31,900
Median Price asked for vacant units$32,500

Rented Homes, Apartments and Condos

Average Household Size1.78
Median year structure was built1939
Median Monthly Rent asked for vacant units$225

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage18.20%
Debt Free81.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.4%