The housing market in Alcalde, NM is vibrant and growing. The median value of homes in the area is currently $217,600, which is significantly lower than the US median of $338,100. However, what this statistic fails to show is the rate of appreciation in Alcalde's housing market. Over the past year, homes have appreciated an impressive 15.22%, which is far higher than the 8.27% national average. This indicates that Alcalde is a great place to invest in real estate and will likely continue to see growth in the future.
The median home cost in Alcalde is $217,600. Home appreciation the last 10 years has been 87.6%. Home Appreciation in Alcalde is up 15.7%.
Average Age of Homes
- The median age of Alcalde real estate is 40 years old
The Rental Market in Alcalde
- Renters make up 5.4% of the Alcalde population
- 0.0% of houses and apartments in Alcalde, 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.