The housing in Floyd, NM is a great investment for those looking to buy. The median value of homes is currently $125,000, which is significantly lower than the US median value of $338,100. Additionally, there has been an impressive 9.54% appreciation rate in homes over the past year compared to 8.27% nationally. This makes Floyd an attractive option for those looking to purchase a home and benefit from its rising value.
The median home cost in Floyd is $125,000. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Floyd is up 12.5%.
Average Age of Homes
- The median age of Floyd real estate is 55 years old
The Rental Market in Floyd
- Renters make up 30.2% of the Floyd population
- 0.0% of houses and apartments in Floyd, 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.