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Otero County Housing

 
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As of 2010-2014, median price of a house in Otero County is $93,200, which is much lower than the state average of $239,400 and is much lower than the national average of $175,700. The Otero County median house value has grown by 40.57% since 2000. The growth rate for the price of a house in Otero County is lower than the state average rate of 43.70% and is lower than the national average rate of 46.91%. The median year that a house in Otero County was built is 1957, 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.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 4,797 Owner Occupied Houses in Otero County, #57
Otero County
93,200 USD
Colorado
239,400 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #51
Otero County
40.57%
Colorado
43.70%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Otero CountyColoradoU.S.
Total Housing Units8,927, see rank, 100%2,238,624132,741,033
Occupied Housing Units7,381, 82.68%, see rank89.27%87.55%
Owner Occupied4,797, 53.74%, see rank57.85%56.34%
Renter Occupied2,584, 28.95%, see rank31.42%31.21%
Vacant Housing Units1,546, 17.32%, see rank10.73%12.45%
For Rent431, 4.83%, see rank1.87%2.34%
For Sale Only128, 1.43%, see rank1.07%1.20%
Rented or Sold, Not Occupied105, 1.18%, see rank0.76%0.92%
For Seasonal, Recreational, or Occasional Use151, 1.69%, see rank4.90%3.97%
For Migrant Workers10, 0.11%, see rank0.03%0.03%
Other Vacant721, 8.08%, see rank2.11%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #60
Otero CountyColoradoU.S.
195719811976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Otero County%ColoradoU.S.
Owner-Occupied Units4,797100%1,295,04874,787,460
With a Mortgage2,66655.58%, see rank73.99%65.58%
Without a Mortgage2,13144.42%, see rank26.01%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
Otero County
960 USD
Colorado
1,608 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsOtero County%ColoradoU.S.
$299 or Less70.26%, see rank0.20%0.20%
$300 to $4991234.61%, see rank1.13%1.59%
$500 to $69946917.59%, see rank3.11%5.01%
$700 to $99986332.37%, see rank10.30%14.32%
$1,000 to $1,49975028.13%, see rank28.86%27.90%
$1,500 to $1,99928810.80%, see rank26.50%20.35%
$2,000 to $2,9991545.78%, see rank21.95%19.52%
$3,000 or More120.45%, see rank7.96%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Otero County
22.60% of the Total Income
Colorado
23.50% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Otero County%ColoradoU.S.
10% or Less1284.80%, see rank5.82%5.86%
10% to 20%89333.50%, see rank32.53%31.95%
20% to 30%83031.13%, see rank28.64%27.64%
30% to 40%2609.75%, see rank13.84%13.74%
40% or More54820.56%, see rank18.67%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
Otero County
360 USD
Colorado
417 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsOtero County%ColoradoU.S.
$199 or Less23210.89%, see rank6.63%7.76%
$200 to $29948422.71%, see rank16.15%14.70%
$300 to $49992543.41%, see rank43.66%34.63%
$500 to $69940719.10%, see rank20.60%21.16%
$700 or More833.89%, see rank12.96%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Otero County
12.50% of the Total Income
Colorado
10.10% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Otero County%ColoradoU.S.
10% or Less85440.08%, see rank49.09%40.19%
10% to 20%63229.66%, see rank28.31%31.47%
20% to 30%29613.89%, see rank9.89%12.24%
30% to 40%1647.70%, see rank4.49%5.64%
40% or More1718.02%, see rank7.15%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Otero CountyColoradoU.S.
Total Housing Units8,927, 100%2,238,624132,741,033
1-unit, Detached7,006, 78.48%, see rank62.90%61.65%
1-unit, Attached101, 1.13%, see rank6.96%5.82%
2 Units265, 2.97%, see rank1.78%3.75%
3 or 4 Units265, 2.97%, see rank3.29%4.43%
5 to 9 Units381, 4.27%, see rank4.72%4.78%
10 or More Units325, 3.64%, see rank16.10%13.08%
Mobile Home, Boat, RV, Van, etc.584, 6.54%, see rank4.25%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Otero CountyColoradoU.S.
Total Housing Units8,927, 100%2,238,624132,741,033
1 Room77, 0.86%, see rank1.78%1.95%
2 Rooms142, 1.59%, see rank3.54%2.48%
3 Rooms698, 7.82%, see rank10.16%9.13%
4 Rooms1,795, 20.11%, see rank15.41%16.60%
5 Rooms1,860, 20.84%, see rank16.50%20.41%
6 Rooms1,825, 20.44%, see rank14.64%18.06%
7 Rooms989, 11.08%, see rank11.92%12.27%
8 Rooms793, 8.88%, see rank9.79%8.48%
9 Rooms or More748, 8.38%, see rank16.25%10.60%
Median Rooms5.40, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Otero CountyColoradoU.S.
Total Housing Units8,927, 100%2,238,624132,741,033
No Bedroom79, 0.88%, see rank1.99%2.17%
1 Bedroom999, 11.19%, see rank11.63%11.16%
2 Bedrooms2,900, 32.49%, see rank25.86%26.69%
3 Bedrooms3,084, 34.55%, see rank33.89%39.70%
4 Bedrooms1,490, 16.69%, see rank19.12%16.05%
5 or More Bedrooms375, 4.20%, see rank7.51%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Otero CountyColoradoU.S.
Total Housing Units7,381, 100%1,998,314116,211,092
Utility Gas5,927, 80.30%, see rank71.94%48.85%
Bottled, Tank, or LP Gas429, 5.81%, see rank4.86%4.86%
Electricity769, 10.42%, see rank19.94%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.11%5.86%
Coal or Coke0, 0.00%, see rank0.07%0.12%
Wood202, 2.74%, see rank2.08%2.12%
Solar Energy5, 0.07%, see rank0.15%0.05%
Other Fuel40, 0.54%, see rank0.54%0.47%
No Fuel Used9, 0.12%, see rank0.31%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalOtero CountyColoradoU.S.
Occupied Units Paying Rent2,366, 100%677,38539,201,928
$199 or Less195, 8.24%, see rank1.26%1.50%
$200 to $299170, 7.19%, see rank2.44%3.18%
$300 to $499416, 17.58%, see rank4.51%7.37%
$500 to $699674, 28.49%, see rank14.12%16.01%
$700 to $999681, 28.78%, see rank30.75%29.17%
$1,000 to $1,499180, 7.61%, see rank31.25%26.88%
$1,500 to $1,99926, 1.10%, see rank11.27%9.79%
$2,000 or More24, 1.01%, see rank4.39%6.10%
Median$646, see rank$969$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Otero CountyColoradoU.S.
Occupied Housing Units7,381, 100%1,998,314116,211,092
No Vehicles Available595, 8.06%, see rank5.74%9.12%
1 Vehicles Available2,204, 29.86%, see rank31.48%33.80%
2 Vehicles Available2,692, 36.47%, see rank40.00%37.48%
3 or More Vehicles Available1,890, 25.61%, see rank22.78%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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