Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$99,347
$785

Housing Market Overview

Metric Mora County New Mexico Avg US Average
Median Home Price $99,347 $197,886 $242,182
Price Trend (Annual %) 391.1% 3.1% 8.2%
Median Gross Rent $785 $1,020 $1,342
Rent Trend (Annual %) 3.8% 3.7% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Mora County
New Mexico
United States
Year Mora County New Mexico United States
Median Rent Over Time
Mora County
New Mexico
United States
Year Mora County New Mexico United States

Affordability

On average, housing unit costs 2.0 yearly household incomes in Mora County.

Metric Mora County New Mexico Avg US Average
Median Home Price $99,347 $197,886 $242,182
Median Household Income $50,561 $62,378 $78,145
Price-to-Income Ratio 2.0 3.2 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Mora County New Mexico Avg US Average
Homeownership Rate 60.4% 60.2% 58.2%
Rental Rate 7.4% 26.6% 31.3%
Vacancy Rate 32.2% 13.1% 10.6%
Median Tenure (years) 26.0 16.0 15.0
Median Year Moved In 2000 2010 2011

Housing Stock

Metric Mora County New Mexico Avg US Average
Average Household Size 2.09 people 2.52 people 2.54 people
Median Structure Built Year 1978 1983 1978
Median Number of Rooms 5.1 5.3 5.5