Cimarron, NM is an affordable place to live with a median house value of $151,300, significantly lower than the US median house value of $338,100. Despite the lower costs of housing in Cimarron compared to the national average, the appreciation rate for houses in Cimarron is higher than the national average at 9.54%, indicating that it could be a great investment opportunity. With its low cost of living and high appreciation rate, Cimarron could be the perfect place for people looking to buy or invest in property.
The median home cost in Cimarron is $151,300. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Cimarron is up 12.5%.
Average Age of Homes
- The median age of Cimarron real estate is 38 years old
The Rental Market in Cimarron
- Renters make up 15.0% of the Cimarron population
- 1.5% of houses and apartments in Cimarron, 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.