In Cuba, NM, the median value of houses is $241,500, lower than the US house median value of $338,100. However, the 1 year appreciation rate of houses in Cuba, NM is higher than the US average at 13.83%, compared to the US 1 year house appreciation rate of 8.27%. This shows that houses in Cuba, NM are becoming more valuable faster than other areas in the United States. Additionally, this could indicate a strong real estate market which could be attractive for potential buyers and investors.
The median home cost in Cuba is $241,500. Home appreciation the last 10 years has been 71.2%. Home Appreciation in Cuba is up 16.7%.
Average Age of Homes
- The median age of Cuba real estate is 31 years old
The Rental Market in Cuba
- Renters make up 24.1% of the Cuba population
- 3.9% of houses and apartments in Cuba, 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.