Valencia, NM Real Estate

According to census data in the year 2000 there were 1,663 housing units in Valencia. This represents a 20.7% growth from 1,378 in 1990.

Of those housing units, 1,572 were located in either urbanized areas or urban clusters, and 91 were located in what is classified as a rural area.

Homeownership rate in Valencia is about 86.4%. Valencia's vacancy rate, including seasonal lodging, is about 4.5%. Average household size is 2.8 people.

The majority of houses, apartments or condos in Valencia were built after 1978.


Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom7.30%
Two Bedrooms20.70%
Three Bedrooms55.30%
Four Bedrooms12.70%
Five Bedrooms or more3.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.93
Median year structure was built1979
Median Value of occupied units$142,400
Median Price asked for vacant units$95,000

Rented Homes, Apartments and Condos

Average Household Size2.02
Median year structure was built1974
Median Monthly Rent asked for vacant units$457

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.60%
Home Equity Loan7.30%
Simple Mortgage59.80%
Debt Free28.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.1%