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 5,905 people, 1,721 houses or apartments, and a median cost of homes of $59,927, 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.
Yatahey's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Yatahey during the period has been just 4.68%, which is lower than 80% of US communities.
Over the last year, Yatahey appreciation rates have trailed the rest of the nation. In the last twelve months, Yatahey's appreciation rate has been 2.46%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Yatahey were at 3.18%, which equates to an annual appreciation rate of 13.34%.
Importantly, this makes Yatahey one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to New Mexico, our data show that Yatahey's latest annual appreciation rate is lower than 90% of the other cities and towns in New Mexico.
$59,927
for New mexico
for nation
1,721
$898 / per month