Mountainair, NM is a small town located in Central New Mexico that has seen tremendous growth in housing value over the past year. The median value of housing in Mountainair is currently $131,300, which is significantly lower than the US house median value of $338,100. Despite this difference, Mountainair has experienced an impressive 13.83% house appreciation over the past year compared to the US 1 year house appreciation rate of 8.27%. This makes it a great place for potential homeowners interested in getting more bang for their buck.
The median home cost in Mountainair is $131,300. Home appreciation the last 10 years has been 71.2%. Home Appreciation in Mountainair is up 16.7%.
Average Age of Homes
- The median age of Mountainair real estate is 45 years old
The Rental Market in Mountainair
- Renters make up 18.9% of the Mountainair population
- 0.0% of houses and apartments in Mountainair, 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.