Tierra Amarilla, NM is a small town located in Northern New Mexico with a population of around 700 people. The housing median value in Tierra Amarilla is $173,000, much lower than the US House Median Value of $338,100. Despite this, it has experienced very positive growth over the past year - with the house 1 year appreciation rate being 15.22%, significantly higher than the US 1 year House Appreciation which was 8.27%. This suggests that Tierra Amarilla's housing market is doing well and could be an attractive place to invest for potential buyers.
The median home cost in Tierra Amarilla is $173,000. Home appreciation the last 10 years has been 87.6%. Home Appreciation in Tierra Amarilla is up 15.7%.
Average Age of Homes
- The median age of Tierra Amarilla real estate is 43 years old
The Rental Market in Tierra Amarilla
- Renters make up 0.0% of the Tierra Amarilla population
- 0.0% of houses and apartments in Tierra Amarilla, 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.