Reserve, NM has a median house value of $171,100, which is significantly lower than the US median house value of $338,100. In the past year, the US house appreciation rate was 8.27%, while Reserve's appreciation rate was 9.54%. This suggests that housing in Reserve is on the rise and is likely to continue to increase in value over time.
The median home cost in Reserve is $171,100. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Reserve is up 12.5%.
Average Age of Homes
- The median age of Reserve real estate is 39 years old
The Rental Market in Reserve
- Renters make up 17.3% of the Reserve population
- 0.0% of houses and apartments in Reserve, 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.