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2024 Compare Cities Housing:
Maxwell, NM vs Melrose, NM

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Highlights
- The median age of a home in Maxwell is 25.0% younger than the median age of a home in Melrose.

Housing
 Maxwell, NMMelrose, NMUnited States
 Median Home Age486042
 Median Home Cost$117,500$96,700$338,100
 Home Appr. Last 12 months12.5%12.5%16.6%
 Home Appr. Last 5 yrs.43.0%43.0%57.0%
 Home Appr. Last 10 yrs.56.6%56.6%101.1%
 Property Tax Rate$5.9$5.7$11.0
 Homes Owned42.9%55.3%57.4%
 Housing Vacant25.3%30.9%11.2%
 Homes Rented31.8%13.7%31.4%
 space
 Avg Rent For Home Or Apartment
 Maxwell, NMMelrose, NMUnited States
 Average Rent$980$1,140$1,840
 Studio Apartment$600$610$1,080
 1 Bedroom Home or Apartment$720$710$1,180
 2 Bedroom Home or Apartment$810$900$1,430
 3 Bedroom Home or Apartment$990$1,160$1,860
 4 Bedroom Home or Apartment$1,110$1,540$2,160
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 Vacant Housing
 Maxwell, NMMelrose, NMUnited States
 Vacant For Rent3.2%0.0%1.9%
 Vacant Rented0.0%3.1%0.4%
 Vacant For Sale0.0%1.4%0.7%
 Vacant Sold0.0%0.0%0.4%
 Vacant Vacation5.2%4.8%3.6%
 Vacant Other16.9%21.6%4.1%
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 Owner-Occupied Housing Value
 Maxwell, NMMelrose, NMUnited States
 Less Than $20,00021.2%10.6%2.6%
 $20,000 to $39,99912.1%11.8%2.4%
 $40,000 to $59,9999.1%28.6%2.8%
 $60,000 to $79,99933.3%12.4%3.9%
 $80,000 to $99,9997.6%4.3%4.5%
 $100,000 to $149,99916.7%19.3%11.3%
 $150,000 to $199,9990.0%13.0%13.0%
 $200,000 to $299,9990.0%0.0%20.1%
 $300,000 to $399,9990.0%0.0%13.6%
 $400,000 to $499,9990.0%0.0%8.3%
 $500,000 to $749,9990.0%0.0%9.7%
 $750,000 to $999,9990.0%0.0%3.9%
 $1,000,000 to $1,499,9990.0%0.0%2.2%
 $1,500,000 to $1,999,9990.0%0.0%0.8%
 $2,000,000 and over0.0%0.0%1.1%
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 Housing Units By Year Built
 Maxwell, NMMelrose, NMUnited States
 2015 and Newer0.0%0.0%0.2%
 2010 to 20145.2%3.8%13.6%
 2000 to 20095.2%3.8%13.6%
 1990 to 19995.2%5.8%13.6%
 1980 to 198925.3%16.8%13.2%
 1970 to 197920.8%15.5%14.8%
 1960 to 19695.2%5.8%13.6%
 1950 to 19596.5%2.4%10.0%
 1940 to 19490.0%14.4%4.7%
 1939 or Earlier22.7%32.3%12.2%

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ZIPS IN MAXWELL, NEW MEXICO
87728
ZIPS IN MELROSE, NEW MEXICO
88124

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