North Valley, NM Real Estate

According to census data in the year 2000 there were 4,766 housing units in North Valley. This represents a 1.1% decline from 4,819 in 1990.

Of those housing units, 4,766 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in North Valley is about 80.6%. North Valley's vacancy rate, including seasonal lodging, is about 5.9%. Average household size is 2.63 people.

The majority of houses, apartments or condos in North Valley were built after 1972.


Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom9.10%
Two Bedrooms30%
Three Bedrooms44.40%
Four Bedrooms13.30%
Five Bedrooms or more1.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.59
Median year structure was built1974
Median Value of occupied units$137,300
Median Price asked for vacant units$118,800

Rented Homes, Apartments and Condos

Average Household Size2.82
Median year structure was built1965
Median Monthly Rent asked for vacant units$488

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.80%
Second Mortgage8.20%
Home Equity Loan5.10%
Simple Mortgage49.50%
Debt Free36.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs20.7%