Melrose, NM Real Estate
According to census data in the year 2000 there were 385 housing units in Melrose.
This represents a 8.8% growth from 354 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 385 were located in what is classified as a rural area.
Homeownership rate in Melrose is about 80.3%.
Melrose's vacancy rate, including seasonal lodging, is about 18.2%.
Average household size is 2.34 people.
The majority of houses, apartments or condos in Melrose were built after 1952.
|Housing Units by Size|
|Five Bedrooms or more||0.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.37|
|Median year structure was built||1950|
|Median Value of occupied units||$40,600|
|Median Price asked for vacant units||$18,300|
Rented Homes, Apartments and Condos
|Average Household Size||2.21|
|Median year structure was built||1962|
|Median Monthly Rent asked for vacant units||$238|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||1%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.4%|