Reserve, NM Real Estate
According to census data in the year 2000 there were 263 housing units in Reserve.
This represents a 64.4% growth from 160 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 263 were located in what is classified as a rural area.
Homeownership rate in Reserve is about 73.6%.
Reserve's vacancy rate, including seasonal lodging, is about 20.9%.
Average household size is 2.27 people.
The majority of houses, apartments or condos in Reserve were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3% |
| One Bedroom | 12.20% |
| Two Bedrooms | 39.90% |
| Three Bedrooms | 36.10% |
| Four Bedrooms | 7.20% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.13 |
| Median year structure was built | 1973 |
| Median Value of occupied units | $75,300 |
| Median Price asked for vacant units | $33,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.65 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.50% |
| Home Equity Loan | 2.50% |
| Simple Mortgage | 24.70% |
| Debt Free | 70.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.5% |
