Housing in Arroyo Seco, NM is much more expensive than the national average, with a median value of $483,500 compared to the US median value of $338,100. The appreciation rate for houses in Arroyo Seco is also higher than the national rate, with a one year appreciation rate of 15.22%, while the US rate for one year was 8.27%. This is indicative of a strong housing market in Arroyo Seco and suggests that prices are likely to continue to rise in the near future.
The median home cost in Arroyo Seco is $483,500. Home appreciation the last 10 years has been 87.6%. Home Appreciation in Arroyo Seco is up 15.7%.
Average Age of Homes
- The median age of Arroyo Seco real estate is 31 years old
The Rental Market in Arroyo Seco
- Renters make up 7.3% of the Arroyo Seco population
- 7.4% of houses and apartments in Arroyo Seco, 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.