Truth or Consequences, NM is an attractive community with a median housing value of $119,200. This price point is significantly below the US median house value of $338,100, making it an attractive option for many potential buyers. Over the past year, the US average house appreciation has been 8.27%, and in Truth or Consequences this number is even higher at 9.54%. With a low median house price and opportunity for appreciation, Truth or Consequences could be a great market for both home buyers and investors looking to capitalize on the real estate sector.
The median home cost in Truth or Consequences is $119,200. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Truth or Consequences is up 12.5%.
Average Age of Homes
- The median age of Truth or Consequences real estate is 44 years old
The Rental Market in Truth or Consequences
- Renters make up 19.8% of the Truth or Consequences population
- 3.0% of houses and apartments in Truth or Consequences, 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.