San Rafael, NM has a median housing value of $109,800 which is significantly lower than the median housing value for the US at $338,100. Despite this difference in values, San Rafael has seen a much higher rate of appreciation over the last year at 13.83% compared to 8.27% nationally. This reflects growing interest in housing in the area and new investment that is helping to drive up prices. Overall, it's an exciting time for real estate in San Rafael as property values continue to rise.
The median home cost in San Rafael is $109,800. Home appreciation the last 10 years has been 71.2%. Home Appreciation in San Rafael is up 16.7%.
Average Age of Homes
- The median age of San Rafael real estate is 41 years old
The Rental Market in San Rafael
- Renters make up 5.5% of the San Rafael population
- 0.0% of houses and apartments in San Rafael, 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.