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Estancia, NM Real Estate


According to census data in the year 2000 there were 512 housing units in Estancia. This represents a 33.7% growth from 383 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 512 were located in what is classified as a rural area.

Homeownership rate in Estancia is about 74.5%. Estancia's vacancy rate, including seasonal lodging, is about 21.9%. Average household size is 2.6 people.

The majority of houses, apartments or condos in Estancia were built after 1973.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom7.60%
Two Bedrooms30.10%
Three Bedrooms52.50%
Four Bedrooms8.40%
Five Bedrooms or more0.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.44
Median year structure was built1975
Median Value of occupied units$65,000

Rented Homes, Apartments and Condos

Average Household Size3.05
Median year structure was built1966
Median Monthly Rent asked for vacant units$409

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.20%
Home Equity Loan3.60%
Simple Mortgage44.60%
Debt Free47.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.6%