Espuela, NM—88253
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Espuela, NM
Espuela, 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 — Espuela, NM
Espuela, 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 — Espuela, NM
Espuela, NM lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $299,000 | -14.0% |
Listing Count | 3 | 160.0% |
| Listings as % of Homes | N/A | 160.0% |
Days on Market | 74 | N/A |
Demographics — Espuela, NM
As of the latest ACS Survey released in 2023, Espuela, NM has a population of 915, which has increased by 18.7% over the past 5 years. Espuela, NM is a moderately popular place for families, as children make up 20.1% of the population. The area has a poorly educated workforce, with 18.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 915 | 18.7% |
% Under 18 | 20.1% | -29.0% |
% Seniors | 12.1% | -7.6% |
% WFH | 1.6% | -61.0% |
% w/ College Degree | 18.9% | 3.3% |
As of the latest ACS Survey released in 2023, Espuela, NM is a predominantly hispanic area, with 50.2% of the population identifying as hispanic. The hispanic population has shrunk by 6.3% in the last 5 years. The second most common race or ethnicity in Espuela, NM is white, making up 47.8% of the population. Foreign-born residents account for 18.7% of the population in Espuela, NM, and this percentage has increased by 59.8% 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 | 47.8% | 3.5% |
% Black | 1.1% | 266.7% |
% Hispanic | 50.2% | -6.3% |
% Asian | 0.0% | N/A |
% Foreign Born | 18.7% | 59.8% |
Mortgage and Risk — Espuela, NM
Espuela, NM lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Espuela, NM
Espuela, NM 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 | $920 |
| 2 Bedroom | N/A | N/A | $1,140 |
| 3 Bedroom | N/A | N/A | $1,490 |
| 4 Bedroom | N/A | N/A | $1,660 |
Affordability — Espuela, 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 | $123,000 |