The housing market in Torreon (Sandoval County), NM is thriving. The median value for a house in Torreon (Sandoval County), NM is $340,500, which is slightly higher than the US median value of $338,100. What’s more, the appreciation rate of houses in Torreon (Sandoval County),NM over the past year has been 13.83%, compared to 8.27% nationwide. This suggests that housing prices are growing quickly and investments made now can yield greater returns down the line.
The median home cost in Torreon (Sandoval County) is $340,500. Home appreciation the last 10 years has been 71.2%. Home Appreciation in Torreon (Sandoval County) is up 16.7%.
Average Age of Homes
- The median age of Torreon (Sandoval County) real estate is 35 years old
The Rental Market in Torreon (Sandoval County)
- Renters make up 19.4% of the Torreon (Sandoval County) population
- 0.0% of houses and apartments in Torreon (Sandoval County), 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.