Valencia, NM Real Estate
According to census data in the year 2000 there were 1,663 housing units in Valencia.
This represents a 20.7% growth from 1,378 in 1990.
Of those housing units, 1,572 were located in either urbanized areas or urban clusters, and 91 were located in what is classified as a rural area.
Homeownership rate in Valencia is about 86.4%.
Valencia's vacancy rate, including seasonal lodging, is about 4.5%.
Average household size is 2.8 people.
The majority of houses, apartments or condos in Valencia were built after 1978.
|Housing Units by Size|
|Five Bedrooms or more||3.10%|
Owned Homes, Apartments and Condos
|Average Household Size||2.93|
|Median year structure was built||1979|
|Median Value of occupied units||$142,400|
|Median Price asked for vacant units||$95,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.02|
|Median year structure was built||1974|
|Median Monthly Rent asked for vacant units||$457|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||7.30%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.1%|