Las Palomas, NM Housing

The housing market in Las Palomas, NM is thriving, with a median house value of $123,500. This is significantly lower than the US median value of $338,100. Furthermore, Las Palomas has seen a higher rate of house appreciation over the past year at 9.54%, compared to 8.27% in the US overall. This indicates that this area is becoming increasingly desirable and provides potential for further growth in property prices. With its relatively low median value and high rate of appreciation, Las Palomas is an attractive option for people looking to purchase or invest in property.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Las Palomas, New Mexico	United States
	103.0	139,647,020.0
	27	42
	$123,500	$338,100
	12.5%	16.6%
	43.0%	57.0%
	56.6%	101.1%
	$5.36	$10.98
	$714	$2,690
	100.0%	57.4%
	0.0%	11.2%
	0.0%	31.4%
Vacant Housing
	0.0%	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
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	39.8%	4.5%
	49.5%	11.3%
	0.0%	13.0%
	0.0%	20.1%
	10.7%	13.6%
	0.0%	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%
	0.0%	13.6%
	0.0%	13.6%
	89.3%	13.6%
	0.0%	13.2%
	0.0%	14.8%
	89.3%	13.6%
	0.0%	10.0%
	0.0%	4.7%
	10.7%	12.2%