The housing market in Bayard, NM is booming. The median value of houses in the area is $109,000, which is significantly less than the US median house value of $338,100. This makes Bayard an attractive option for prospective home buyers looking for a bargain. In addition to the low median house cost, the 1 year appreciation in house values has been 16.79%, much higher than the national average of 8.27%. This suggests that there is a great potential for further growth and investment in Bayard's housing market over the years to come.
The median home cost in Bayard is $109,000. Home appreciation the last 10 years has been 65.2%. Home Appreciation in Bayard is up 18.3%.
Average Age of Homes
- The median age of Bayard real estate is 53 years old
The Rental Market in Bayard
- Renters make up 28.2% of the Bayard population
- 0.0% of houses and apartments in Bayard, 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.