La Mesa, NM is a desirable place to live, thanks in part to its attractive housing market. The median value of homes in La Mesa is $249,100 which is significantly lower than the US median value of $338,100. This difference makes La Mesa an affordable option for those looking to purchase a home. What's more, the appreciation rate of houses in La Mesa has been much higher than the national average over the past year at 16.79%, as compared to 8.27% for the US as a whole. This means that if you purchase a home in La Mesa now, it will likely be worth more in 12 months' time - a great opportunity for potential buyers and investors alike!
The median home cost in La Mesa is $249,100. Home appreciation the last 10 years has been 65.2%. Home Appreciation in La Mesa is up 18.3%.
Average Age of Homes
- The median age of La Mesa real estate is 47 years old
The Rental Market in La Mesa
- Renters make up 28.9% of the La Mesa population
- 4.4% of houses and apartments in La Mesa, 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.