Tucumcari, NM has a median housing value of $77,700, which is lower than the US median value of $338,100. However, the one year house appreciation in Tucumcari is higher than the national average at 9.54%, while the US rate is 8.27%. This indicates that housing in Tucumcari is increasing in value faster than the average, making it an increasingly attractive investment for potential homeowners or real estate developers.
The median home cost in Tucumcari is $77,700. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Tucumcari is up 12.5%.
Average Age of Homes
- The median age of Tucumcari real estate is 58 years old
The Rental Market in Tucumcari
- Renters make up 21.7% of the Tucumcari population
- 3.6% of houses and apartments in Tucumcari, 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.