Fairacres, NM Housing

Fairacres, NM is a great place to invest in housing. The median value for homes in Fairacres is $269,300, which is lower than the US median value of $338,100. This makes it an attractive option not only for reasonable prices but also because it has seen a greater appreciation rate than the national average over the past year with appreciation rates of 16.79% compared to 8.27%. This means that investing in Fairacres real estate could be a smart move and yield healthy returns in the future.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Fairacres, New Mexico	United States
	252.0	139,647,020.0
	37	42
	$269,300	$338,100
	18.3%	16.6%
	57.5%	57.0%
	65.2%	101.1%
	$7.82	$10.98
	$1,637	$2,690
	69.0%	57.4%
	13.5%	11.2%
	17.5%	31.4%
Vacant Housing
	13.5%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	25.3%	2.6%
	0.0%	2.4%
	19.5%	2.8%
	5.2%	3.9%
	4.6%	4.5%
	6.3%	11.3%
	0.0%	13.0%
	28.7%	20.1%
	0.0%	13.6%
	10.3%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.4%	13.6%
	4.4%	13.6%
	6.0%	13.6%
	34.5%	13.2%
	13.5%	14.8%
	6.0%	13.6%
	7.5%	10.0%
	0.0%	4.7%
	14.3%	12.2%