US5.com
  1. Home
  2. States
  3. New Mexico
  4. ZIP 87511
  5. Housing & Real Estate
Los Luceros CDP, NM

ZIP 87511 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 87511

Median Home Value
$228,800
Median Rent
N/A
Affordability Snapshot
$63,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,470/mo PITI).

2.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

To comfortably buy a median-priced home in ZIP 87511 in Los Luceros CDP, NM, a household would need roughly $63,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,470. That sits below the local median household income ($82,781), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 19% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
87.6%+34% vs US avg
x
Vacancy Rate
19.4%+88% vs US avg
x
Broadband Access
91.1%+5% vs US avg
x
4+ Bedrooms
0.0%
x
Built Pre-1939
0.8%-94% vs US avg
x
Built Post-2014
6.3%-9% vs US avg
x
Rent Burden >30%
0.9%-98% vs US avg
x
Mortgage-Free
48.1%+26% vs US avg
x
$228,800
Home Value
N/A
Rent
1991
Year Built
2004
Moved In

Residents have lived here since ~2004 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached30.8%
  • 1-unit attached0.3%
  • 2-9 units0.0%
  • 10+ units0.0%
  • Mobile home & other68.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$228,800
Median rent$-666,666,666
Owner-occupied87.6%
Vacant19.4%
Price-to-income2.8x
Est. income to buy$63,000