The housing market in Glorieta, NM is strong, with the median house value being $296,700. This is slightly lower than the US median house value of $338,100, yet still a good value for the area. In addition to this, the appreciation rate of houses in Glorieta is 15.22%, which is much higher than the national appreciation rate of 8.27%. This suggests that now may be a great time to invest in housing in Glorieta and could potentially be a good long-term investment.
The median home cost in Glorieta is $296,700. Home appreciation the last 10 years has been 87.6%. Home Appreciation in Glorieta is up 15.7%.
Average Age of Homes
- The median age of Glorieta real estate is 46 years old
The Rental Market in Glorieta
- Renters make up 15.8% of the Glorieta population
- 4.6% of houses and apartments in Glorieta, 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.