The housing market in Carrizozo, NM is thriving. The median value of homes in Carrizozo is $146,300 which is significantly lower than the US housing median value of $338,100. This relative affordability makes Carrizozo an attractive place to live for many people. Over the last year, house values in Carrizozo have appreciated by 9.54%, slightly higher than the US rate of 8.27%. This trend signifies that housing prices are on the rise and can be expected to continue increasing in the years to come.
The median home cost in Carrizozo is $146,300. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Carrizozo is up 12.5%.
Average Age of Homes
- The median age of Carrizozo real estate is 64 years old
The Rental Market in Carrizozo
- Renters make up 11.0% of the Carrizozo population
- 1.4% of houses and apartments in Carrizozo, 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.