Las Maravillas, NM is an ideal place to invest in the housing market. The median value of houses in Las Maravillas is $160,200, which is much lower than the US house median value of $338,100. Furthermore, the one year house appreciation rate for Las Maravillas is 13.83%, significantly higher than the US one year house appreciation rate of 8.27%. This makes Las Maravillas a great option for individuals looking to increase their investment or homeownership portfolio.
The median home cost in Las Maravillas is $160,200. Home appreciation the last 10 years has been 71.2%. Home Appreciation in Las Maravillas is up 16.7%.
Average Age of Homes
- The median age of Las Maravillas real estate is 21 years old
The Rental Market in Las Maravillas
- Renters make up 12.7% of the Las Maravillas population
- 5.6% of houses and apartments in Las Maravillas, 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.