West Hammond, NM is an attractive place to live due to its relatively low housing median value. At $180,800, the median housing value in West Hammond is well below the US median of $338,100. Additionally, the house appreciation rate in West Hammond has been 15.14% over the past year compared to 8.27% nationally. This makes West Hammond a great option for those looking for residential real estate with a good return on investment.
The median home cost in West Hammond is $180,800. Home appreciation the last 10 years has been 37.1%. Home Appreciation in West Hammond is up 13.4%.
Average Age of Homes
- The median age of West Hammond real estate is 25 years old
The Rental Market in West Hammond
- Renters make up 8.7% of the West Hammond population
- 4.3% of houses and apartments in West Hammond, 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.