The housing in Radium Springs, NM is significantly lower than the national average with a median value of $125,500. This is more than $200,000 less than the median US housing value of $338,100. However, despite the lower cost of living in Radium Springs there has been an impressive 16.79% increase in house appreciation over the past year compared to the 8.27% across the United States as a whole. This suggests that this community is continuing to become increasingly desirable for potential homeowners.
The median home cost in Radium Springs is $125,500. Home appreciation the last 10 years has been 65.2%. Home Appreciation in Radium Springs is up 18.3%.
Average Age of Homes
- The median age of Radium Springs real estate is 25 years old
The Rental Market in Radium Springs
- Renters make up 8.6% of the Radium Springs population
- 0.0% of houses and apartments in Radium Springs, 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.