Red River, NM Real Estate

According to census data in the year 2000 there were 981 housing units in Red River. This represents a 104.8% growth from 479 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 981 were located in what is classified as a rural area.

Homeownership rate in Red River is about 65.5%. Red River's vacancy rate, including seasonal lodging, is about 74.6%. Average household size is 2.08 people.

The majority of houses, apartments or condos in Red River were built after 1979.


Housing Size

Housing Units by Size
Studio Type2.90%
One Bedroom9.90%
Two Bedrooms35.90%
Three Bedrooms30.90%
Four Bedrooms14.30%
Five Bedrooms or more6.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.24
Median year structure was built1981
Median Value of occupied units$160,300
Median Price asked for vacant units$212,500

Rented Homes, Apartments and Condos

Average Household Size1.77
Median year structure was built1974
Median Monthly Rent asked for vacant units$326

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan2.80%
Second Mortgage8.30%
Home Equity Loan0%
Simple Mortgage59.60%
Debt Free29.40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs21.1%