The housing market in San Pedro, NM is booming, with the median value of homes being $204,800 compared to the US House median value of $338,100. This shows that homes in San Pedro are significantly cheaper than the national average. Furthermore, house appreciation in San Pedro has been higher than the national average over the past year, with an increase of 13.83% compared to 8.27% nationally. With such an incredible rate of increase in home values and affordability relative to other parts of the country, it's no surprise that San Pedro's housing market is one of the most desirable areas in which to invest.
The median home cost in San Pedro is $204,800. Home appreciation the last 10 years has been 71.2%. Home Appreciation in San Pedro is up 16.7%.
Average Age of Homes
- The median age of San Pedro real estate is 36 years old
The Rental Market in San Pedro
- Renters make up 0.0% of the San Pedro population
- 0.0% of houses and apartments in San Pedro, 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.