La Luz, NM Real Estate

According to census data in the year 2000 there were 736 housing units in La Luz. This represents a 10.3% growth from 667 in 1990.

Of those housing units, 560 were located in either urbanized areas or urban clusters, and 176 were located in what is classified as a rural area.

Homeownership rate in La Luz is about 79.7%. La Luz's vacancy rate, including seasonal lodging, is about 11%. Average household size is 2.44 people.

The majority of houses, apartments or condos in La Luz were built after 1980.


Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom5.40%
Two Bedrooms31.40%
Three Bedrooms50.10%
Four Bedrooms12.20%
Five Bedrooms or more0%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.44
Median year structure was built1982
Median Value of occupied units$92,000
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size2.41
Median year structure was built1976
Median Monthly Rent asked for vacant units$404

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.30%
Home Equity Loan4.50%
Simple Mortgage55.60%
Debt Free37.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.8%