Los Lunas, NM has a median housing value of $254,400, which is significantly lower than the US median housing value of $338,100. However, this lower cost also means that homeowners in Los Lunas have seen an increase in the value of their homes of 13.83% over the past year - much higher than the 8.27% appreciation rate nationwide. This makes Los Lunas a great place to purchase a home and invest in real estate for those looking for a more affordable option with strong potential for return on investment.
The median home cost in Los Lunas is $254,400. Home appreciation the last 10 years has been 71.2%. Home Appreciation in Los Lunas is up 16.7%.
Average Age of Homes
- The median age of Los Lunas real estate is 21 years old
The Rental Market in Los Lunas
- Renters make up 19.4% of the Los Lunas population
- 0.5% of houses and apartments in Los Lunas, 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.