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.


Housing Size

Housing Units by Size
Studio Type5.40%
One Bedroom21.10%
Two Bedrooms41.70%
Three Bedrooms27.40%
Four Bedrooms3.90%
Five Bedrooms or more0.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.16
Median year structure was built1975
Median Value of occupied units$66,500
Median Price asked for vacant units$41,500

Rented Homes, Apartments and Condos

Average Household Size1.79
Median year structure was built1968
Median Monthly Rent asked for vacant units$290

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.90%
Home Equity Loan0.50%
Simple Mortgage46.70%
Debt Free49.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.2%