Magdalena, NM Real Estate
According to census data in the year 2000 there were 466 housing units in Magdalena.
This represents a 10.7% growth from 421 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 466 were located in what is classified as a rural area.
Homeownership rate in Magdalena is about 81.1%.
Magdalena's vacancy rate, including seasonal lodging, is about 21.5%.
Average household size is 2.57 people.
The majority of houses, apartments or condos in Magdalena were built after 1951.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.60% |
| One Bedroom | 14.80% |
| Two Bedrooms | 33.70% |
| Three Bedrooms | 37.30% |
| Four Bedrooms | 11.60% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.47 |
| Median year structure was built | 1950 |
| Median Value of occupied units | $57,200 |
| Median Price asked for vacant units | $40,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.97 |
| Median year structure was built | 1953 |
| Median Monthly Rent asked for vacant units | $334 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 40.60% |
| Debt Free | 59.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.7% |
