South Valley, NM Real Estate

According to census data in the year 2000 there were 13,737 housing units in South Valley. This represents a 12.4% growth from 12,226 in 1990.

Of those housing units, 13,572 were located in either urbanized areas or urban clusters, and 165 were located in what is classified as a rural area.

Homeownership rate in South Valley is about 74.8%. South Valley's vacancy rate, including seasonal lodging, is about 6.6%. Average household size is 3.05 people.

The majority of houses, apartments or condos in South Valley were built after 1967.


Housing Size

Housing Units by Size
Studio Type2.20%
One Bedroom13.40%
Two Bedrooms26.80%
Three Bedrooms44.50%
Four Bedrooms11.70%
Five Bedrooms or more1.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.08
Median year structure was built1966
Median Value of occupied units$95,900
Median Price asked for vacant units$51,900

Rented Homes, Apartments and Condos

Average Household Size2.95
Median year structure was built1968
Median Monthly Rent asked for vacant units$447

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage7.40%
Home Equity Loan4%
Simple Mortgage48.70%
Debt Free39.40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19%