The housing market in Jemez Springs, NM is thriving. The median value of houses in the area is $271,600 compared to the US median value of $338,100, indicating that this area has a more affordable housing market than average. Additionally, house appreciation in Jemez Springs during the past year was 13.83%, far higher than the 8.27% appreciation rate seen across the US. This indicates that now is a great time to purchase property in this city as it is currently appreciating faster than the national average.
The median home cost in Jemez Springs is $271,600. Home appreciation the last 10 years has been 71.2%. Home Appreciation in Jemez Springs is up 16.7%.
Average Age of Homes
- The median age of Jemez Springs real estate is 28 years old
The Rental Market in Jemez Springs
- Renters make up 13.0% of the Jemez Springs population
- 0.0% of houses and apartments in Jemez Springs, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.