Las Vegas, NM Housing
As of 2010-2014, median price of a house in Las Vegas is $112,700, which is lower than the state average of $159,300 and is lower than the national average of $175,700. The Las Vegas median house value has grown by 29.39% since 2000. The growth rate for the price of a house in Las Vegas is lower than the state average rate of 47.36% and is lower than the national average rate of 46.91%. The median year that a house in Las Vegas was built is 1967, which is older than the median year for a house built in the state which is 1981 and is older than the median year for a house built in the USA which is 1976.
House Value
Median Value of a Total of 3,379 Owner Occupied Houses in Las Vegas, NM, #163Las Vegas, NM | 112,700 USD |
New Mexico | 159,300 USD |
U.S. | 175,700 USD |
Las Vegas, NM | 29.39% |
New Mexico | 47.36% |
U.S. | 46.91% |
*Based on 2010-2014 data. View historical house value data.
Housing Occupancy
Las Vegas, NM | New Mexico | U.S. | |
Total Housing Units | 6,345, see rank, 100% | 907,233 | 132,741,033 |
Occupied Housing Units | 5,319, 83.83%, see rank | 84.29% | 87.55% |
Owner Occupied | 3,379, 53.25%, see rank | 57.46% | 56.34% |
Renter Occupied | 1,940, 30.58%, see rank | 26.83% | 31.21% |
Vacant Housing Units | 1,026, 16.17%, see rank | 15.71% | 12.45% |
For Rent | 251, 3.96%, see rank | 2.38% | 2.34% |
For Sale Only | 93, 1.47%, see rank | 1.36% | 1.20% |
Rented or Sold, Not Occupied | 23, 0.36%, see rank | 0.84% | 0.92% |
For Seasonal, Recreational, or Occasional Use | 52, 0.82%, see rank | 5.69% | 3.97% |
For Migrant Workers | 0, 0.00%, see rank | 0.11% | 0.03% |
Other Vacant | 607, 9.57%, see rank | 5.34% | 4.00% |
*Based on 2010-2014 data. View historical housing occupancy data.
Year Structure Built
Median Built Year, #345Las Vegas, NM | New Mexico | U.S. |
1967 | 1981 | 1976 |
*Based on 2010-2014 data. View historical year structure built data.
Mortgage Status
Las Vegas, NM | % | New Mexico | U.S. | |
Owner-Occupied Units | 3,379 | 100% | 521,278 | 74,787,460 |
With a Mortgage | 1,655 | 48.98%, see rank | 58.53% | 65.58% |
Without a Mortgage | 1,724 | 51.02%, see rank | 41.47% | 34.42% |
*Based on 2010-2014 data. View historical mortgage status data.
Monthly Owner Costs for Housing Units with a Mortgage
Median Owner Costs, see rank
Las Vegas, NM | 1,081 USD |
New Mexico | 1,242 USD |
U.S. | 1,522 USD |
Owner Costs Distribution
Monthly Owner Costs | Las Vegas, NM | % | New Mexico | U.S. |
$299 or Less | 0 | 0.00%, see rank | 0.22% | 0.20% |
$300 to $499 | 72 | 4.35%, see rank | 2.56% | 1.59% |
$500 to $699 | 203 | 12.27%, see rank | 8.36% | 5.01% |
$700 to $999 | 395 | 23.87%, see rank | 20.68% | 14.32% |
$1,000 to $1,499 | 646 | 39.03%, see rank | 34.20% | 27.90% |
$1,500 to $1,999 | 171 | 10.33%, see rank | 18.89% | 20.35% |
$2,000 to $2,999 | 148 | 8.94%, see rank | 11.36% | 19.52% |
$3,000 or More | 20 | 1.21%, see rank | 3.72% | 11.12% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Las Vegas, NM | 29.10% of the Total Income |
New Mexico | 23.20% of the Total Income |
U.S. | 23.70% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Las Vegas, NM | % | New Mexico | U.S. | |
10% or Less | 77 | 4.65%, see rank | 7.26% | 5.86% |
10% to 20% | 270 | 16.31%, see rank | 32.85% | 31.95% |
20% to 30% | 522 | 31.54%, see rank | 25.70% | 27.64% |
30% to 40% | 162 | 9.79%, see rank | 12.87% | 13.74% |
40% or More | 618 | 37.34%, see rank | 20.48% | 20.29% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.
Monthly Owner Costs for Housing Units without a Mortgage
Median Owner Costs, see rank
Las Vegas, NM | 320 USD |
New Mexico | 324 USD |
U.S. | 457 USD |
Owner Costs Distribution
Monthly Owner Costs | Las Vegas, NM | % | New Mexico | U.S. |
$199 or Less | 367 | 21.29%, see rank | 19.60% | 7.76% |
$200 to $299 | 419 | 24.30%, see rank | 24.69% | 14.70% |
$300 to $499 | 605 | 35.09%, see rank | 37.15% | 34.63% |
$500 to $699 | 245 | 14.21%, see rank | 12.63% | 21.16% |
$700 or More | 88 | 5.10%, see rank | 5.93% | 21.75% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Las Vegas, NM | 15.70% of the Total Income |
New Mexico | 10.00% of the Total Income |
U.S. | 12.30% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Las Vegas, NM | % | New Mexico | U.S. | |
10% or Less | 541 | 31.38%, see rank | 49.80% | 40.19% |
10% to 20% | 478 | 27.73%, see rank | 27.25% | 31.47% |
20% to 30% | 372 | 21.58%, see rank | 9.72% | 12.24% |
30% to 40% | 84 | 4.87%, see rank | 4.52% | 5.64% |
40% or More | 186 | 10.79%, see rank | 6.81% | 9.16% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.
Units in Structure
Las Vegas, NM | New Mexico | U.S. | |
Total Housing Units | 6,345, 100% | 907,233 | 132,741,033 |
1-unit, Detached | 4,106, 64.71%, see rank | 64.81% | 61.65% |
1-unit, Attached | 144, 2.27%, see rank | 3.71% | 5.82% |
2 Units | 475, 7.49%, see rank | 1.92% | 3.75% |
3 or 4 Units | 318, 5.01%, see rank | 3.65% | 4.43% |
5 to 9 Units | 202, 3.18%, see rank | 2.72% | 4.78% |
10 or More Units | 161, 2.54%, see rank | 6.53% | 13.08% |
Mobile Home, Boat, RV, Van, etc. | 939, 14.80%, see rank | 16.67% | 6.49% |
*Based on 2010-2014 data. View historical units in structure data.
Rooms
Las Vegas, NM | New Mexico | U.S. | |
Total Housing Units | 6,345, 100% | 907,233 | 132,741,033 |
1 Room | 18, 0.28%, see rank | 2.62% | 1.95% |
2 Rooms | 180, 2.84%, see rank | 2.34% | 2.48% |
3 Rooms | 769, 12.12%, see rank | 7.65% | 9.13% |
4 Rooms | 1,261, 19.87%, see rank | 17.57% | 16.60% |
5 Rooms | 1,577, 24.85%, see rank | 24.59% | 20.41% |
6 Rooms | 1,130, 17.81%, see rank | 20.08% | 18.06% |
7 Rooms | 655, 10.32%, see rank | 12.20% | 12.27% |
8 Rooms | 352, 5.55%, see rank | 6.66% | 8.48% |
9 Rooms or More | 403, 6.35%, see rank | 6.29% | 10.60% |
Median Rooms | 5.10, see rank | 5.30 | 5.50 |
*Based on 2010-2014 data. View historical rooms data.
Bedrooms
Las Vegas, NM | New Mexico | U.S. | |
Total Housing Units | 6,345, 100% | 907,233 | 132,741,033 |
No Bedroom | 37, 0.58%, see rank | 2.87% | 2.17% |
1 Bedroom | 1,020, 16.08%, see rank | 9.24% | 11.16% |
2 Bedrooms | 2,141, 33.74%, see rank | 25.66% | 26.69% |
3 Bedrooms | 2,579, 40.65%, see rank | 46.23% | 39.70% |
4 Bedrooms | 450, 7.09%, see rank | 13.82% | 16.05% |
5 or More Bedrooms | 118, 1.86%, see rank | 2.18% | 4.22% |
*Based on 2010-2014 data. View historical bedrooms data.
House Heating Fuel
Las Vegas, NM | New Mexico | U.S. | |
Total Housing Units | 5,319, 100% | 764,684 | 116,211,092 |
Utility Gas | 2,761, 51.91%, see rank | 66.93% | 48.85% |
Bottled, Tank, or LP Gas | 399, 7.50%, see rank | 8.60% | 4.86% |
Electricity | 801, 15.06%, see rank | 16.11% | 36.68% |
Fuel Oil, Kerosene, etc. | 12, 0.23%, see rank | 0.13% | 5.86% |
Coal or Coke | 0, 0.00%, see rank | 0.04% | 0.12% |
Wood | 1,167, 21.94%, see rank | 6.80% | 2.12% |
Solar Energy | 39, 0.73%, see rank | 0.26% | 0.05% |
Other Fuel | 121, 2.27%, see rank | 0.94% | 0.47% |
No Fuel Used | 19, 0.36%, see rank | 0.19% | 1.00% |
*Based on 2010-2014 data. View historical house heating fuel data.
Gross Rent
Monthly Rental | Las Vegas, NM | New Mexico | U.S. |
Occupied Units Paying Rent | 1,758, 100% | 224,786 | 39,201,928 |
$199 or Less | 122, 6.94%, see rank | 1.92% | 1.50% |
$200 to $299 | 123, 7.00%, see rank | 3.59% | 3.18% |
$300 to $499 | 368, 20.93%, see rank | 11.64% | 7.37% |
$500 to $699 | 606, 34.47%, see rank | 23.80% | 16.01% |
$700 to $999 | 375, 21.33%, see rank | 31.60% | 29.17% |
$1,000 to $1,499 | 164, 9.33%, see rank | 21.59% | 26.88% |
$1,500 to $1,999 | 0, 0.00%, see rank | 4.42% | 9.79% |
$2,000 or More | 0, 0.00%, see rank | 1.44% | 6.10% |
Median | $568, see rank | $774 | $920 |
*Based on 2010-2014 data. View historical gross rent data.
Vehicle Available
Las Vegas, NM | New Mexico | U.S. | |
Occupied Housing Units | 5,319, 100% | 764,684 | 116,211,092 |
No Vehicles Available | 590, 11.09%, see rank | 5.73% | 9.12% |
1 Vehicles Available | 2,478, 46.59%, see rank | 33.48% | 33.80% |
2 Vehicles Available | 1,212, 22.79%, see rank | 37.82% | 37.48% |
3 or More Vehicles Available | 1,039, 19.53%, see rank | 22.97% | 19.61% |
*Based on 2010-2014 data. View historical vehicle available data.