The housing market in Alamo, NV is thriving. The median value for a house is $185,400, which is significantly lower than the US House Median Value of $338,100. The US saw a 1 year appreciation rate of 8.27%, but Alamo managed to outperform this by having an appreciation rate of 10.34%. This indicates that Alamo's housing market is growing faster than the national average and it is an attractive option for potential home buyers.
The median home cost in Alamo is $185,400. Home appreciation the last 10 years has been 229.8%. Home Appreciation in Alamo is up 19.2%.
Average Age of Homes
- The median age of Alamo real estate is 38 years old
The Rental Market in Alamo
- Renters make up 20.8% of the Alamo population
- 0.0% of houses and apartments in Alamo, 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.