The housing market in Mora, NM is very strong. The median home value in the area is $205,600 compared to the US average of $338,100. Over the past year, homes in Mora have appreciated at 9.54%, which is higher than the national average of 8.27%. This means that homeowners have seen a significant increase in their home's value over the last year and can expect more growth in the future. It's no surprise that Mora is becoming an increasingly desirable area for anyone looking to invest or buy a home.
The median home cost in Mora is $205,600. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Mora is up 12.5%.
Average Age of Homes
- The median age of Mora real estate is 54 years old
The Rental Market in Mora
- Renters make up 29.4% of the Mora population
- 0.0% of houses and apartments in Mora, 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.