Housing in Artesia, NM is an attractive and affordable option for many people. The median value of a house in Artesia is $210,100, which is significantly lower than the US median value of $338,100. This makes it a great choice for those looking to purchase or rent property in the area. In addition, while the US has seen an appreciation rate of 8.27% over the past year, Artesia has experienced a slightly lower 4.31% appreciation rate. This still indicates that housing values are increasing in Artesia, making it an even more desirable option for potential homeowners and renters alike.
The median home cost in Artesia is $210,100. Home appreciation the last 10 years has been 51.7%. Home Appreciation in Artesia is up 6.2%.
Average Age of Homes
- The median age of Artesia real estate is 50 years old
The Rental Market in Artesia
- Renters make up 23.9% of the Artesia population
- 5.7% of houses and apartments in Artesia, 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.