The housing market in Seama, NM is booming. The median value of a house in the area is $117,300, significantly lower than the nationwide average of $338,100. In the last year alone, housing prices have appreciated at a rate of 13.83%, much higher than the national appreciation rate of 8.27%. This rapid increase in home values makes Seama an attractive option for those looking to invest in real estate. With its low cost of living and increasing property values, Seama is quickly becoming one of the most desirable places to buy a house in New Mexico.
The median home cost in Seama is $117,300. Home appreciation the last 10 years has been 71.2%. Home Appreciation in Seama is up 16.7%.
Average Age of Homes
- The median age of Seama real estate is 42 years old
The Rental Market in Seama
- Renters make up 2.5% of the Seama population
- 0.0% of houses and apartments in Seama, 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.