The housing market in Chical, NM is very strong with a median house value of $358,900 which is higher than the US median house value of $338,100. Additionally, the house appreciation rate in Chical has increased to 13.83% over the past year compared to an 8.27% average across the entire US. This indicates that Chical has seen a significant increase in housing prices over the past year and continues to be an attractive place to purchase property.
The median home cost in Chical is $358,900. Home appreciation the last 10 years has been 71.2%. Home Appreciation in Chical is up 16.7%.
Average Age of Homes
- The median age of Chical real estate is 40 years old
The Rental Market in Chical
- Renters make up 23.2% of the Chical population
- 0.0% of houses and apartments in Chical, 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.