The housing market in Navajo, NM is strong with the median house value coming in at $146,700. This is significantly lower than the US median of $338,100. Despite this, the appreciation rate for houses in Navajo was actually higher than the national average at 9.54%, compared to 8.27%. This indicates that housing prices in Navajo are increasing faster than those of other parts of the country and may be a good choice for potential homeowners looking for a great real estate investment.
The median home cost in Navajo is $146,700. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Navajo is up 12.5%.
Average Age of Homes
- The median age of Navajo real estate is 39 years old
The Rental Market in Navajo
- Renters make up 69.4% of the Navajo population
- 2.7% of houses and apartments in Navajo, 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.