Texico, NM is a great place to live with an affordable median home value of $129,200 compared to the US median home value of $338,100. The US has seen a 1 year house appreciation rate of 8.27%, while Texico has seen a 1 year house appreciation rate of 9.54%. This indicates that housing in Texico is growing in value at a slightly faster pace than in the rest of the country. With affordable housing and increasing values, Texico makes for an attractive option for potential homeowners.
The median home cost in Texico is $129,200. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Texico is up 12.5%.
Average Age of Homes
- The median age of Texico real estate is 40 years old
The Rental Market in Texico
- Renters make up 38.1% of the Texico population
- 2.8% of houses and apartments in Texico, 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.