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Folsom, NM Real Estate


According to census data in the year 2000 there were 39 housing units in Folsom. This represents a 9.3% decline from 43 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 39 were located in what is classified as a rural area.

Homeownership rate in Folsom is about 90.6%. Folsom's vacancy rate, including seasonal lodging, is about 17.9%. Average household size is 3 people.

The majority of houses, apartments or condos in Folsom were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom15.40%
Two Bedrooms23.10%
Three Bedrooms28.20%
Four Bedrooms12.80%
Five Bedrooms or more20.50%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size3.17
Median year structure was built1939
Median Value of occupied units$54,200

Rented Homes, Apartments and Condos

Average Household Size1.33
Median year structure was built1939

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage46.20%
Debt Free53.80%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs19.2%