Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 5,905, 1,721 total housing units (homes and apartments), and a median house value of $58,573, house prices in Yatahey are some of the most affordable in New Mexico as well as the nation.
Single-family detached homes are the single most common housing type in Yatahey, accounting for 61.90% of the town's housing units. Other types of housing that are prevalent in Yatahey include mobile homes or trailers ( 37.27%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Yatahey. Owner-occupied housing accounts for 87.29% of Yatahey's homes, and 54.27% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Yatahey built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Yatahey built between 2000 and later ( 21.89%). A lesser amount of the housing stock also hails from between 1940-1969 ( 8.60%). There's also some housing in Yatahey built before 1939 ( 2.33%).
Vacant housing appears to be an issue in Yatahey. Fully 23.11% of the housing stock is classified as vacant. Left unchecked, vacant Yatahey homes and apartments can be a drag on the real estate market, holding Yatahey real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Some of the lowest real estate appreciation rates in America over the last ten years have been in Yatahey, where house values have increased just 45.08%, which is annualized rate of 3.79%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
NeighborhoodScout's data show that during the latest twelve months, Yatahey's appreciation rate, at 5.72%, has been at or slightly above the national average. In the latest quarter, Yatahey's appreciation rate has been -0.37%, which annualizes to a rate of -1.47%.
Relative to New Mexico, our data show that Yatahey's latest annual appreciation rate is higher than 50% of the other cities and towns in New Mexico.
$58,573
for New mexico
for nation
1,721
$867 / per month