Alamillo, NM is a great place to buy a house due to its lower median value compared to the US average. The median value in Alamillo is $135,400, significantly lower than the US median value of $338,100. Additionally, the 1 year house appreciation in Alamillo is 9.54%, which is higher than the average appreciation rate for the US of 8.27%. This indicates that Alamillo is a great area for those looking to purchase and build equity in their new homes.
The median home cost in Alamillo is $135,400. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Alamillo is up 12.5%.
Average Age of Homes
- The median age of Alamillo real estate is 40 years old
The Rental Market in Alamillo
- Renters make up 0.0% of the Alamillo population
- 0.0% of houses and apartments in Alamillo, 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.