North Valley, NM Real Estate
According to census data in the year 2000 there were 4,766 housing units in North Valley.
This represents a 1.1% decline from 4,819 in 1990.
Of those housing units, 4,766 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in North Valley is about 80.6%.
North Valley's vacancy rate, including seasonal lodging, is about 5.9%.
Average household size is 2.63 people.
The majority of houses, apartments or condos in North Valley were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.90% |
| One Bedroom | 9.10% |
| Two Bedrooms | 30% |
| Three Bedrooms | 44.40% |
| Four Bedrooms | 13.30% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.59 |
| Median year structure was built | 1974 |
| Median Value of occupied units | $137,300 |
| Median Price asked for vacant units | $118,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.82 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $488 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.80% |
| Second Mortgage | 8.20% |
| Home Equity Loan | 5.10% |
| Simple Mortgage | 49.50% |
| Debt Free | 36.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.7% |
