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.


Housing Size

Housing Units by Size
Studio Type2.60%
One Bedroom14.80%
Two Bedrooms33.70%
Three Bedrooms37.30%
Four Bedrooms11.60%
Five Bedrooms or more0%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1950
Median Value of occupied units$57,200
Median Price asked for vacant units$40,000

Rented Homes, Apartments and Condos

Average Household Size2.97
Median year structure was built1953
Median Monthly Rent asked for vacant units$334

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage40.60%
Debt Free59.40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.7%