The housing market in Boles Acres, NM is thriving. The median value of houses in the area is $195,800, which is significantly lower than the U.S. median value of $338,100. Despite this difference, the area has seen a 1-year appreciation rate of 9.54%, which is higher than the national average of 8.27%. This indicates that Boles Acres is becoming an increasingly desirable location for those looking to purchase a home.
The median home cost in Boles Acres is $195,800. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Boles Acres is up 12.5%.
Average Age of Homes
- The median age of Boles Acres real estate is 38 years old
The Rental Market in Boles Acres
- Renters make up 13.2% of the Boles Acres population
- 3.2% of houses and apartments in Boles Acres, 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.