The housing market in Causey, NM is growing at an impressive rate. With a median value of $76,800, it is significantly lower than the US median house value of $338,100. Despite this gap, the 1 year appreciation rate for Causey has been higher than the US average at 9.54% as opposed to 8.27%. This indicates that homes in Causey are increasing in value faster than the national average and could be a great opportunity for investors looking to get into the market or individuals ready to make their first home purchase.
The median home cost in Causey is $76,800. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Causey is up 12.5%.
Average Age of Homes
- The median age of Causey real estate is 52 years old
The Rental Market in Causey
- Renters make up 12.0% of the Causey population
- 0.0% of houses and apartments in Causey, 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.