Rattlesnake, NM—87420
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rattlesnake, NM
Rattlesnake, NM 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 — Rattlesnake, NM
Rattlesnake, NM 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 — Rattlesnake, NM
Rattlesnake, NM 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 — Rattlesnake, NM
As of the latest ACS Survey released in 2023, Rattlesnake, NM has a population of 11,000, which has decreased by -8.7% over the past 5 years. Rattlesnake, NM is a moderately popular place for families, as children make up 23.2% of the population. The area has a poorly educated workforce, with 10.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,000 | -8.7% |
% Under 18 | 23.2% | -17.4% |
% Seniors | 11.5% | -0.9% |
% WFH | 2.1% | -46.2% |
% w/ College Degree | 10.9% | 0.0% |
As of the latest ACS Survey released in 2023, Rattlesnake, NM is a predominantly hispanic area, with 2.8% of the population identifying as hispanic. The hispanic population has grown by 115.4% in the last 5 years. The second most common race or ethnicity in Rattlesnake, NM is white, making up 1.0% of the population. Foreign-born residents account for 0.9% of the population in Rattlesnake, NM, and this percentage has increased by 125.0% 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 | 1.0% | -28.6% |
% Black | 0.0% | -100.0% |
% Hispanic | 2.8% | 115.4% |
% Asian | 0.9% | 125.0% |
% Foreign Born | 0.9% | 125.0% |
Mortgage and Risk — Rattlesnake, NM
According to HUD data as of 2023, there were 6 mortgage originations in Rattlesnake, NM, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 98.0%, with 83.0% above 90% LTV (very high). This implies large mortgage risk in Rattlesnake, NM. 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 | 6 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Rattlesnake, NM
Rattlesnake, NM lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 258 |
Total Units Section 8 | 258 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 62.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $770 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,310 |
| 4 Bedroom | N/A | N/A | $1,420 |
Affordability — Rattlesnake, NM
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $38,100 |