The housing market in Dora, NM has been very robust over the past year, with a median value of $126,000 and an appreciation rate of 9.54%. This is higher than the national average of 8.27% and significantly higher than the US median home value of $338,100. The strong performance in Dora indicates that it is a desirable place to live with a vibrant economy and growing demand for housing.
The median home cost in Dora is $126,000. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Dora is up 12.5%.
Average Age of Homes
- The median age of Dora real estate is 49 years old
The Rental Market in Dora
- Renters make up 27.8% of the Dora population
- 3.3% of houses and apartments in Dora, 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.