Housing in Rio en Medio, NM is quite expensive compared to the US median value of $338,100. The median value of a house in Rio en Medio is $515,000, which has seen an impressive 15.22% appreciation over the last year. This is significantly higher than the 8.27% appreciation rate that the US housing market saw over the same period of time. Despite its high price point, housing in Rio en Medio remains a desirable commodity as evidenced by its strong appreciation rate and high demand for properties.
The median home cost in Rio en Medio is $515,000. Home appreciation the last 10 years has been 87.6%. Home Appreciation in Rio en Medio is up 15.7%.
Average Age of Homes
- The median age of Rio en Medio real estate is 30 years old
The Rental Market in Rio en Medio
- Renters make up 8.8% of the Rio en Medio population
- 0.0% of houses and apartments in Rio en Medio, 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.