Madrid, NM Real Estate

According to census data in the year 2000 there were 63 housing units in Madrid.

Of those housing units, none were located in either urbanized areas or urban clusters, and 63 were located in what is classified as a rural area.

Homeownership rate in Madrid is about 20%. Madrid's vacancy rate, including seasonal lodging, is about 12.7%. Average household size is 1.93 people.

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


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom34.90%
Two Bedrooms65.10%
Three Bedrooms0%
Four Bedrooms0%
Five Bedrooms or more0%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size0.91
Median year structure was built1939
Median Value of occupied units$95,000
Median Price asked for vacant units$75,000

Rented Homes, Apartments and Condos

Average Household Size2.18
Median year structure was built1940

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage99.99%
Debt Free0%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs9.9%