La Villita, NM has seen a significant appreciation in housing values over the past year. The median value of a home in La Villita is currently $261,000, which is significantly lower than the US median of $338,100. However, the 1-year rate of appreciation in La Villita is 15.22%, much higher than the US 1-year rate of 8.27%. This shows that La Villita is seeing an increase in demand for housing and an appreciation in market values that outpaces national trends. With its strong job market, beautiful scenery and friendly communities, it is easy to see why more people are moving to La Villita and helping to drive up property prices.
The median home cost in La Villita is $261,000. Home appreciation the last 10 years has been 87.6%. Home Appreciation in La Villita is up 15.7%.
Average Age of Homes
- The median age of La Villita real estate is 36 years old
The Rental Market in La Villita
- Renters make up 18.5% of the La Villita population
- 0.0% of houses and apartments in La Villita, 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.