The housing market in Santa Rosa, NM is an attractive one for potential homeowners. The median value of homes in the area is $119,500, which is significantly lower than the national average of $338,100. Additionally, home appreciation in Santa Rosa has been rising at a rate of 9.54%, outpacing the national 1 year house appreciation rate of 8.27%. With attractive prices and rising values, homeowners can be confident that their investment in Santa Rosa will pay off.
The median home cost in Santa Rosa is $119,500. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Santa Rosa is up 12.5%.
Average Age of Homes
- The median age of Santa Rosa real estate is 45 years old
The Rental Market in Santa Rosa
- Renters make up 20.6% of the Santa Rosa population
- 1.7% of houses and apartments in Santa Rosa, 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.