Truth or Consequences, NM Real Estate
According to census data in the year 2000 there were 4,434 housing units in Truth or Consequences.
This represents a 21.3% growth from 3,655 in 1990.
Of those housing units, 4,256 were located in either urbanized areas or urban clusters, and 178 were located in what is classified as a rural area.
Homeownership rate in Truth or Consequences is about 67.8%.
Truth or Consequences's vacancy rate, including seasonal lodging, is about 22.4%.
Average household size is 2.04 people.
The majority of houses, apartments or condos in Truth or Consequences were built after 1973.
Statistics
Housing Size
Housing Units by Size |
| Studio Type | 5.40% |
| One Bedroom | 21.10% |
| Two Bedrooms | 41.70% |
| Three Bedrooms | 27.40% |
| Four Bedrooms | 3.90% |
| Five Bedrooms or more | 0.50% |
Owned Homes, Apartments and Condos
Average Household Size | 2.16 |
Median year structure was built | 1975 |
Median Value of occupied units | $66,500 |
Median Price asked for vacant units | $41,500 |
Rented Homes, Apartments and Condos
Average Household Size | 1.79 |
Median year structure was built | 1968 |
Median Monthly Rent asked for vacant units | $290 |
Owners Finance Status
Housing Finance |
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.90% |
| Home Equity Loan | 0.50% |
| Simple Mortgage | 46.70% |
| Debt Free | 49.90% |
Median part of Monthly Household Income dedicated to covering home ownership costs | 16.2% |