Rio Lucio, NM is a great place to invest in housing. The median value of housing in Rio Lucio is $175,900 - significantly lower than the national median of $338,100. Additionally, the US saw an appreciation of 8.27% over the past year, while Rio Lucio had an even higher appreciation rate of 15.22%. This indicates that investing in housing in this area could be a wise decision for potential buyers and investors.
The median home cost in Rio Lucio is $175,900. Home appreciation the last 10 years has been 87.6%. Home Appreciation in Rio Lucio is up 15.7%.
Average Age of Homes
- The median age of Rio Lucio real estate is 42 years old
The Rental Market in Rio Lucio
- Renters make up 8.0% of the Rio Lucio population
- 0.0% of houses and apartments in Rio Lucio, 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.