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.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.90% |
| One Bedroom | 9.90% |
| Two Bedrooms | 35.90% |
| Three Bedrooms | 30.90% |
| Four Bedrooms | 14.30% |
| Five Bedrooms or more | 6.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.24 |
| Median year structure was built | 1981 |
| Median Value of occupied units | $160,300 |
| Median Price asked for vacant units | $212,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.77 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $326 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 2.80% |
| Second Mortgage | 8.30% |
| Home Equity Loan | 0% |
| Simple Mortgage | 59.60% |
| Debt Free | 29.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.1% |
