New Mexico Real Estate Statistics

Home and Real Estate Statistics for New Mexico

Housing Units By Status

Total Housing Units

New Mexico has 901,388 total housing units. This is an increase of 120,809 units since the year 2000 when it had 780,579 total units. It's an increase of 269,330 units since the year 1990 when it had 632,058 total homes. There was an increase of 148,521 units between 1990 and 2000. Of New Mexico's 901,388 total housing units, 87.8% are occupied housing units, and 12.2% are vacant homes.

Total Occupied Housing Units

New Mexico has 791,395 occupied housing units. This is an increase of 113,424 units since the year 2000 when it had 677,971 occupied units. It's an increase of 248,686 units since the year 1990 when it had 542,709 occupied housing units. There was an increase of 135,262 units between 1990 and 2000. Of New Mexico's 791,395 occupied housing units, 42.66% are occupied with a loan or mortgage homes, 31.5% are renter occupied homes, and 25.85% are occupied clear of any loan or mortgage units.

Renter Occupied Housing Units

There are 249,273 renter occupied housing units. This is an increase of 45,747 units since the year 2000 when it had 203,526 renter occupied homes. It's an increase of 72,529 units since the year 1990 when it had 176,744 renter occupied units. There was an increase of 26,782 units between 1990 and 2000.

Units Occupied with a Loan or Mortgage

There are 337,570 occupied with a loan or mortgage housing units.

Units Occupied Clear of Any Loan or Mortgage

There are 204,552 occupied clear of any loan or mortgage housing units.

Total Vacant Housing Units

There are 109,993 vacant housing units. This is an increase of 7,385 units since the year 2000 when it had 102,608 vacant homes. It's an increase of 20,644 units since the year 1990 when it had 89,349 vacant homes. New Mexico saw an increase of 13,259 units between 1990 and 2000. Of New Mexico's 109,993 vacant housing units, 20.14% are for rent home units, 1.18% are rented - but not occupied home units, 10.5% are for sale units, 1.95% are sold - but not occupied homes, 33.29% are for seasonal, recreational, or occasional use homes, 0.21% are for migrant workers home units, and 33.19% are listed as vacant other housing units.

Vacant Units Listed For Rent

New Mexico has 22,150 for rent housing units. This is a decrease of -4,547 units since the year 2000 when it had 26,697 for rent units. It's a decrease of -510 units since the year 1990 when it had 22,660 for rent home units. New Mexico saw an increase of 4,037 units between 1990 and 2000.

Rented, but Not Occupied Vacant Units

New Mexico has 1,303 rented - but not occupied housing units. This is a decrease of -3,435 units since the year 2000 when it had 4,738 rented - but not occupied homes.

Vacant Units Listed For Sale

New Mexico has 11,050 for sale housing units. This is an increase of 357 units since the year 2000 when it had 10,693 for sale home units. It's an increase of 2,306 units since the year 1990 when it had 8,744 for sale housing units. There was an increase of 1,949 units between 1990 and 2000.

Sold, but Not Occupied Vacant Units

There are 2,143 sold - but not occupied housing units.

Vacant Units For Seasonal, Recreational, or Occasional Use

New Mexico has 36,612 for seasonal, recreational, or occasional use housing units. This is an increase of 4,622 units since the year 2000 when it had 31,990 for seasonal, recreational, or occasional use housing units. It's an increase of 14,750 units since the year 1990 when it had 21,862 for seasonal, recreational, or occasional use home units. New Mexico saw an increase of 10,128 units between 1990 and 2000.

Vacant Units for Migrant Workers

New Mexico has 229 for migrant workers housing units. This is a decrease of -103 units since the year 2000 when it had 332 for migrant workers home units. It's a decrease of -373 units since the year 1990 when it had 602 for migrant workers homes. New Mexico saw a decrease of -270 units between 1990 and 2000.

Vacant Units Listed as an Other Status

New Mexico has 36,506 listed as vacant other housing units. This is an increase of 8,348 units since the year 2000 when it had 28,158 listed as vacant other homes. It's an increase of 7,714 units since the year 1990 when it had 28,792 listed as vacant other home units. There was a decrease of -634 units between 1990 and 2000.