Housing in Roswell, NM is relatively affordable compared to the median value in the United States, which is currently at $338,100. The median value of housing in Roswell stands at $152,500, making it an attractive option for those looking for a more economical option when it comes to housing. In terms of appreciation over the past year, the US saw a rate of 8.27%, while the rate in Roswell was 4.31%. This suggests that while there has been some appreciation in value in Roswell, it has not kept up with the rest of the country.
The median home cost in Roswell is $152,500. Home appreciation the last 10 years has been 51.7%. Home Appreciation in Roswell is up 6.2%.
Average Age of Homes
- The median age of Roswell real estate is 51 years old
The Rental Market in Roswell
- Renters make up 34.5% of the Roswell population
- 3.1% of houses and apartments in Roswell, 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.