Housing in Taos, NM is significantly more expensive than the national average, with the median value being $386,900 compared to a US House Median Value of $338,100. Furthermore, the appreciation rate for housing in Taos has also been higher than the national rate, with house values increasing by 15.22% over the past year - nearly double the US 1 year House Appreciation rate of 8.27%. This indicates that property values in Taos are on an upward trend and makes it an attractive option for homeowners and real estate investors alike.
The median home cost in Taos is $386,900. Home appreciation the last 10 years has been 87.6%. Home Appreciation in Taos is up 15.7%.
Average Age of Homes
- The median age of Taos real estate is 36 years old
The Rental Market in Taos
- Renters make up 36.4% of the Taos population
- 8.0% of houses and apartments in Taos, 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.