South Valley, NM Real Estate
According to census data in the year 2000 there were 13,737 housing units in South Valley.
This represents a 12.4% growth from 12,226 in 1990.
Of those housing units, 13,572 were located in either urbanized areas or urban clusters, and 165 were located in what is classified as a rural area.
Homeownership rate in South Valley is about 74.8%.
South Valley's vacancy rate, including seasonal lodging, is about 6.6%.
Average household size is 3.05 people.
The majority of houses, apartments or condos in South Valley were built after 1967.
|Housing Units by Size|
|Five Bedrooms or more||1.40%|
Owned Homes, Apartments and Condos
|Average Household Size||3.08|
|Median year structure was built||1966|
|Median Value of occupied units||$95,900|
|Median Price asked for vacant units||$51,900|
Rented Homes, Apartments and Condos
|Average Household Size||2.95|
|Median year structure was built||1968|
|Median Monthly Rent asked for vacant units||$447|
Owners Finance Status
|Second Mortgage & Equity Loan||0.40%|
|Home Equity Loan||4%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19%|