Housing Insights for ZIP Code 87325 (Tohatchi, NM)

Housing Summary for ZIP Code 87325

Homeowners

The median home value in ZIP Code 87325 (Tohatchi, NM) is $52,300. Approximately 87.7% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 0.0%.

The average occupancy of owner-occupied units in ZIP Code 87325 is 3.68 occupants, while owner-occupied units have an aggregate average size of 2.01 bedrooms per housing unit.

Renters

In the 87325 ZIP Code, an estimated 12.3% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 13.0%.

Among renter-occupied units in this ZIP, the average occupancy is 2.93 occupants, while renters in this McKinley County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 87325

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 87325.

ZIP 87325 New Mexico U.S.
Median Home Value $52,300 $309,382 $356,002
Owner-Occupied Housing Units 87.7% 67.7% 64.0%
Homeowner Vacancy Rate 0.0% 2.2% 1.6%
Average Size of Owner-Occupied Unit 3.68 2.68 2.70
Average # of Bedrooms Per Unit 2.01 2.7 2.75
Median Housing Rent $0 $844 $1,062
Renter-Occupied Housing Units 12.3% 32.3% 36.0%
Rental Vacancy Rate 13.0% 8.6% 6.0%
Average Size of Renter-Occupied Unit 2.93 2.52 2.49
Percent of Income Spent on Rent 0% 29.35% 29.83%

Home Values in ZIP Code 87325 (Tohatchi, NM)

The median home value in ZIP Code 87325 is $52,300. That median value is about 69% lower than the median home value of $171,400 in New Mexico overall, and is 76% lower than the $217,500 the median home value in the entire U.S. An estimated 47.2% of homes in ZIP Code 87325 are valued less than $50,000. That is 333% higher than in the stat of New Mexico, in which 10.9% of homes are valued at less than $50,000, and is about 584% higher than in the U.S. overall (6.9% of homes valued at less than $50,000). The home value range that the smallest portion of ZIP Code 87325 homes fall into is $500,000 to $999,999 (0.0% of homes).

Home Values in ZIP Code 87325

This chart visualizes the breakdown of home values in ZIP Code 87325, New Mexico, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 87325 vs. home values in both the state of New Mexico and in the U.S. overall.

Home Values in ZIP Code 87325

See the table below for a regional comparison of home values in ZIP Code 87325.

Home Value ZIP 87325 New Mexico U.S.
Less than $50,000 47.2% 10.9% 6.9%
$50,000 to $99,999 26.6% 13.4% 12.0%
$100,000 to $149,999 15.3% 16.3% 13.3%
$150,000 to $199,999 4.9% 18.9% 14.0%
$200,000 to $299,999 5.0% 20.8% 19.6%
$300,000 to $499,999 0.8% 13.5% 19.3%
$500,000 to $999,999 0.0% 4.8% 11.4%
$1,000,000 or more 0.3% 1.4% 3.4%

Home Ages in ZIP Code 87325 (Tohatchi, NM)

Approximately 25.4% of homes in this Tohatchi, NM region were built in 1980 to 1989. This amount of homes built in 1980 to 1989 in ZIP Code 87325 is about 49% higher than percentage of homes built in this time period in New Mexico overall (17.1% of homes), and is 90% higher the percentage (13.4% of homes) in the U.S. as a whole. Additionally, an esimated 19.6% of local homes were built in 1990 to 1999. On the other end of the scale, just 0.9% of homes in this McKinley County ZIP Code were built in 2014 or later in ZIP Code 87325. In comparison, 1.8% of homes in New Mexico overall were built in 2014 or later, while 2.5% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 87325

A detailed regional comparison of home ages in ZIP Code 87325.

Year Built ZIP 87325 New Mexico U.S.
2014 or later 0.9% 1.8% 2.5%
2010 to 2013 1.4% 2.6% 2.7%
2000 to 2009 12.0% 15.3% 14.0%
1990 to 1999 19.6% 17.6% 13.9%
1980 to 1989 25.4% 17.1% 13.4%
1970 to 1979 15.2% 17.5% 15.2%
1960 to 1969 12.8% 10.0% 10.6%
1950 to 1959 5.5% 9.6% 10.3%
1940 to 1949 2.8% 4.1% 4.9%
1939 or earlier 4.2% 4.4% 12.6%

Age of Homes in ZIP Code 87325

See the chart below for details on the age of homes in ZIP Code 87325, New Mexico, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 87325

Frequently asked questions about housing in this Tohatchi, NM ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 87325.

1

What is the average home value ZIP Code 87325?

The median home value in ZIP Code 87325 (Tohatchi, NM) is $52,300.
2

Are homes expensive in ZIP Code 87325?

The median home value in 87325 ($52,300) is an estimated 69% lower than the aggregate median value of $171,400 in New Mexico, and is 76% lower than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 87325?

The vacacy rate for owner-occupied housing in ZIP Code 87325 is 0.0%. This rate is 100% lower than the overall New Mexico owner-occupied vacancy rate of 2.2%. Additionally, the 87325 vacancy rate is 100% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 87325 have older homes or newer construction?

In ZIP Code 87325, about 25.4% of homes were built in 1980 to 1989. That time range includes the most home construction. Also, 19.6% of homes in the region were built in 1990 to 1999. In contrast, 0.9% of homes in 87325 were built in 2014 or later.
5

What is the housing breakdown in ZIP Code 87325? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 87325 than renter-occupied housing. Owner-occupied units make up 87.7% of housing, compared to 12.3% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 87325?

The vacacy rate for rental units in ZIP Code 87325 is 13.0%. This rate is 51% higher than the overall New Mexico vacancy rate of 8.6%. Additionally, the 87325 vacancy rate is 117% higher than the entire U.S. vacancy rate of 6.0%.