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.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 7.30% |
| Two Bedrooms | 20.70% |
| Three Bedrooms | 55.30% |
| Four Bedrooms | 12.70% |
| Five Bedrooms or more | 3.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.93 |
| Median year structure was built | 1979 |
| Median Value of occupied units | $142,400 |
| Median Price asked for vacant units | $95,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.02 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $457 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.60% |
| Home Equity Loan | 7.30% |
| Simple Mortgage | 59.80% |
| Debt Free | 28.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.1% |
