Cochiti—87072
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cochiti
Cochiti lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cochiti
Cochiti lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Cochiti
Cochiti lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | N/A | N/A |
Days on Market | N/A | N/A |
Demographics — Cochiti
As of the latest ACS Survey released in 2023, Cochiti has a population of 599, which has decreased by -6.8% over the past 5 years. Cochiti is a moderately popular place for families, as children make up 22.4% of the population. The area has a poorly educated workforce, with 9.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 599 | -6.8% |
% Under 18 | 22.4% | -27.5% |
% Seniors | 21.4% | 59.7% |
% WFH | 18.4% | 666.7% |
% w/ College Degree | 9.7% | -5.8% |
As of the latest ACS Survey released in 2023, Cochiti is a predominantly hispanic area, with 5.0% of the population identifying as hispanic. The hispanic population has grown by 28.2% in the last 5 years. The second most common race or ethnicity in Cochiti is white, making up 0.8% of the population. Foreign-born residents account for 1.0% of the population in Cochiti, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 0.8% | ∞% |
% Black | 0.0% | N/A |
% Hispanic | 5.0% | 28.2% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.0% | ∞% |
Mortgage and Risk — Cochiti
According to HUD data as of 2023, there were 9 mortgage originations in Cochiti, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 88.0%, with 56.0% above 90% LTV (very high). This implies large mortgage risk in Cochiti. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 9 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Cochiti
Cochiti lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $910 |
| 2 Bedroom | N/A | N/A | $1,100 |
| 3 Bedroom | N/A | N/A | $1,550 |
| 4 Bedroom | N/A | N/A | $1,860 |
Affordability — Cochiti
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $49,700 |