Silver City, NM Real Estate

According to census data in the year 2000 there were 4,770 housing units in Silver City. This represents a 12.1% growth from 4,255 in 1990.

Of those housing units, 4,578 were located in either urbanized areas or urban clusters, and 192 were located in what is classified as a rural area.

Homeownership rate in Silver City is about 64.1%. Silver City's vacancy rate, including seasonal lodging, is about 11.6%. Average household size is 2.42 people.

The majority of houses, apartments or condos in Silver City were built after 1968.


Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom13.60%
Two Bedrooms33.70%
Three Bedrooms40.50%
Four Bedrooms9.10%
Five Bedrooms or more1.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.54
Median year structure was built1969
Median Value of occupied units$87,700
Median Price asked for vacant units$128,100

Rented Homes, Apartments and Condos

Average Household Size2.2
Median year structure was built1965
Median Monthly Rent asked for vacant units$406

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.80%
Home Equity Loan1.60%
Simple Mortgage40.50%
Debt Free52.20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.4%