Portales, NM Real Estate
According to census data in the year 2000 there were 4,832 housing units in Portales.
This represents a 13% growth from 4,277 in 1990.
Of those housing units, 4,772 were located in either urbanized areas or urban clusters, and 60 were located in what is classified as a rural area.
Homeownership rate in Portales is about 54.7%.
Portales's vacancy rate, including seasonal lodging, is about 14.2%.
Average household size is 2.45 people.
The majority of houses, apartments or condos in Portales were built after 1965.
|Housing Units by Size|
|Five Bedrooms or more||0.50%|
Owned Homes, Apartments and Condos
|Average Household Size||2.56|
|Median year structure was built||1963|
|Median Value of occupied units||$52,300|
|Median Price asked for vacant units||$45,900|
Rented Homes, Apartments and Condos
|Average Household Size||2.32|
|Median year structure was built||1968|
|Median Monthly Rent asked for vacant units||$316|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||1.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.7%|