Bernalillo, NM is an attractive city for homeowners due to its median home value of $284,400, which is far lower than the US median of $338,100. This city has also seen a 13.83% house appreciation in one year, which is higher than the national rate of 8.27%. It's no wonder that so many people are choosing to make their homes in this beautiful area. With its reasonably priced housing and strong rate of appreciation, Bernalillo makes for a great place to live.
The median home cost in Bernalillo is $284,400. Home appreciation the last 10 years has been 71.2%. Home Appreciation in Bernalillo is up 16.7%.
Average Age of Homes
- The median age of Bernalillo real estate is 27 years old
The Rental Market in Bernalillo
- Renters make up 23.8% of the Bernalillo population
- 2.4% of houses and apartments in Bernalillo, 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.