New Mexico Real Estate Statistics

Real Estate and Home Statistics for New Mexico

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Housing Units by Status

DateOccupiedVacantTotal
2010
+16.73%
+113,424
791,395
+7.2%
+7,385
109,993
+15.48%
+120,809
901,388
2000
+24.92%
+135,262
677,971
+14.84%
+13,259
102,608
+23.5%
+148,521
780,579
1990
542,709
89,349
632,058

Occupied Housing Units

As of 2010, New Mexico has 791,395 occupied housing units. This is a 16.73% (113,424) increase compared to 10 years prior (2000), and a 45.82% (248,686) increase compared to 20 years prior (1990).

Vacant Housing Units

As of 2010, New Mexico has 109,993 vacant housing units. This is a 7.2% (7,385) increase compared to 10 years prior (2000), and a 23.1% (20,644) increase compared to 20 years prior (1990).

Occupied Housing Unit Breakout

DateOwned with a mortgage or a loanOwned free and clearRenter occupiedTotal
2010
337,570
204,552
+22.48%
+45,747
249,273
+288.84%
+587,869
791,395
2000
0
0
+15.15%
+26,782
203,526
+15.15%
+26,782
203,526
1990
0
0
176,744
176,744

Owned with a Mortgage or Loan

As of 2010, New Mexico has 337,570 housing units owned with a mortgage or loan.

Owned Free and Clear

As of 2010, New Mexico has 204,552 housing units owned free and clear.

Renter Occupied Units

As of 2010, New Mexico has 249,273 renter occupied housing units. This is a 22.48% (45,747) increase compared to 10 years prior (2000), and a 41.04% (72,529) increase compared to 20 years prior (1990).

Vacant Housing Unit Breakout

DateFor RentRented, not occupiedFor sale onlySold, not occupiedFor seasonal, recreational, or occasional useFor migrant workersOtherTotal
2010
+1164.45%
+310,873
337,570
-72.5%
-3,435
1,303
+3.34%
+357
11,050
-54.77%
-2,595
2,143
+14.45%
+4,622
36,612
-31.02%
-103
229
+29.65%
+8,348
36,506
+296.3%
+318,067
425,413
2000
+17.82%
+4,037
26,697
4,738
+22.29%
+1,949
10,693
4,738
+46.33%
+10,128
31,990
-44.85%
-270
332
-2.2%
-634
28,158
+29.86%
+24,686
107,346
1990
22,660
0
8,744
0
21,862
602
28,792
82,660

For Rent

As of 2010, New Mexico has 337,570 housing units for rent. This is a 1164.45% (310,873) increase compared to 10 years prior (2000), and a 1389.72% (314,910) increase compared to 20 years prior (1990).

Rented, not occupied

As of 2010, New Mexico has 1,303 rented, not occupied, housing units for rent. This is a -72.5% (-3,435) decrease compared to 10 years prior (2000)

For sale only

As of 2010, New Mexico has 11,050 for sale housing units for rent. This is a 3.34% (357) increase compared to 10 years prior (2000), and a 26.37% (2,306) increase compared to 20 years prior (1990).

Sold, not occupied

As of 2010, New Mexico has 2,143 sold, not occupied, housing units for rent. This is a -54.77% (-2,595) decrease compared to 10 years prior (2000)

For seasonal, recreational, or occasional use

As of 2010, New Mexico has 36,612 housing units for seasonal, recreational, or occasional use. This is a 14.45% (4,622) increase compared to 10 years prior (2000), and a 67.47% (14,750) increase compared to 20 years prior (1990).

For migrant workers

As of 2010, New Mexico has 229 housing units for migrant workers. This is a -31.02% (-103) decrease compared to 10 years prior (2000), and a -61.96% (-373) decrease compared to 20 years prior (1990).

Other

As of 2010, New Mexico has 36,506 other vacant housing units. This is a 29.65% (8,348) increase compared to 10 years prior (2000), and a 26.79% (7,714) increase compared to 20 years prior (1990).

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