Happy Valley, NM Housing

Happy Valley, NM is an area where the housing market is currently strong. The median value of housing in Happy Valley is $215,100 which is approximately 36% lower than the US median value of $338,100. This means that homebuyers can find a good deal in this area as prices are generally lower than other parts of the country. While the US national rate for house appreciation has been 8.27%, homes in Happy Valley have appreciated at a slower pace of 4.31%. Although the rate is lower than the national average, it still holds steady and indicates that investing in real estate here could be a good option.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Happy Valley, New Mexico	United States
	424.0	139,647,020.0
	52	42
	$215,100	$338,100
	6.2%	16.6%
	33.1%	57.0%
	51.7%	101.1%
	$4.50	$10.98
	$398	$2,690
	69.8%	57.4%
	10.6%	11.2%
	19.6%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	10.6%	4.1%
Value of Owner-Occupied Housing
	2.7%	2.6%
	27.4%	2.4%
	2.4%	2.8%
	3.7%	3.9%
	0.0%	4.5%
	3.7%	11.3%
	25.7%	13.0%
	31.1%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	3.4%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	33.3%	13.6%
	33.3%	13.6%
	3.3%	13.6%
	7.5%	13.2%
	4.2%	14.8%
	3.3%	13.6%
	8.7%	10.0%
	11.3%	4.7%
	19.6%	12.2%