Housing in Encinal, NM is much more affordable than the US average with a median value of $120,600 compared to the national median of $338,100. In addition to being more affordable, homes in Encinal are also appreciating at a faster rate than the nation as a whole with an appreciation of 13.83% compared to 8.27% for the US. This makes Encinal an attractive option for those looking to purchase a home or invest in real estate in the area.
The median home cost in Encinal is $120,600. Home appreciation the last 10 years has been 71.2%. Home Appreciation in Encinal is up 16.7%.
Average Age of Homes
- The median age of Encinal real estate is 44 years old
The Rental Market in Encinal
- Renters make up 9.1% of the Encinal population
- 0.0% of houses and apartments in Encinal, 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.