Artesia, NM Housing

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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Artesia, New Mexico	United States
	5,780.0	139,647,020.0
	45	42
	$210,100	$338,100
	6.2%	16.6%
	33.1%	57.0%
	51.7%	101.1%
	$4.61	$10.98
	$856	$2,690
	49.4%	57.4%
	15.0%	11.2%
	35.5%	31.4%
Vacant Housing
	5.7%	1.9%
	2.4%	0.4%
	0.2%	0.7%
	0.0%	0.4%
	2.0%	3.6%
	4.8%	4.1%
Value of Owner-Occupied Housing
	3.0%	2.6%
	4.3%	2.4%
	0.3%	2.8%
	5.4%	3.9%
	2.7%	4.5%
	17.6%	11.3%
	28.5%	13.0%
	20.0%	20.1%
	13.7%	13.6%
	3.2%	8.3%
	0.7%	9.7%
	0.0%	3.9%
	0.5%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	7.1%	13.6%
	7.1%	13.6%
	6.8%	13.6%
	10.2%	13.2%
	18.8%	14.8%
	6.8%	13.6%
	19.1%	10.0%
	4.2%	4.7%
	1.1%	12.2%