Eddy, NM County offers an affordable housing market with a median value of $233,660, significantly lower than the US median value of $338,100. Additionally, the one year house appreciation rate in Eddy County is 16.79%, which is almost double the US 1 year house appreciation rate of 8.27%. This makes Eddy County a great option for people looking for an affordable place to purchase or rent property in New Mexico.
The median home cost in Eddy County is $233,660. Home appreciation the last 10 years has been 51.7%. Home Appreciation in Eddy County is up 6.2%.
Average Age of Homes
- The median age of Eddy County real estate is 47 years old
The Rental Market in Eddy County
- Renters make up 23.3% of the Eddy County population
- 2.4% of houses and apartments in Eddy County, 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.