The housing market in Santa Clara, NM is significantly cheaper than the US median value for homes, at $93,200 compared to the US median of $338,100. However, in the past year Santa Clara's appreciation rate for the housing market was 16.79%, more than double the US average of 8.27%. This indicates that homes in Santa Clara are becoming more desirable and could be an excellent investment opportunity as prices continue to rise.
The median home cost in Santa Clara is $93,200. Home appreciation the last 10 years has been 65.2%. Home Appreciation in Santa Clara is up 18.3%.
Average Age of Homes
- The median age of Santa Clara real estate is 47 years old
The Rental Market in Santa Clara
- Renters make up 25.2% of the Santa Clara population
- 2.0% of houses and apartments in Santa Clara, 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.