Jal, NM Housing

The housing market in Jal, NM is affordable compared to the US median house value of $338,100. The median housing value in Jal, NM is currently at $99,500. While the US has seen an 8.27% increase in house values over the past year, the appreciation rate of houses in Jal, NM is only 4.31%. This suggests that there are deals waiting to be found in Jal for those looking for a great investment opportunity or a relatively inexpensive place to live.

The median home cost in Jal is $99,500. Home appreciation the last 10 years has been 51.7%. Home Appreciation in Jal is up 6.2%.

Average Age of Homes

- The median age of Jal real estate is 59 years old

The Rental Market in Jal

- Renters make up 20.3% of the Jal population
- 1.1% of houses and apartments in Jal, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Jal, New Mexico	United States
	1,005.0	139,647,020.0
	62	42
	$99,500	$338,100
	6.2%	16.6%
	33.1%	57.0%
	51.7%	101.1%
	$3.76	$10.98
	$332	$2,690
	62.6%	57.4%
	19.1%	11.2%
	18.3%	31.4%
Vacant Housing
	1.1%	1.9%
	0.0%	0.4%
	1.3%	0.7%
	5.8%	0.4%
	0.5%	3.6%
	10.4%	4.1%
Value of Owner-Occupied Housing
	7.6%	2.6%
	17.2%	2.4%
	7.6%	2.8%
	13.5%	3.9%
	6.4%	4.5%
	23.1%	11.3%
	11.3%	13.0%
	13.4%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.1%	13.6%
	1.1%	13.6%
	4.9%	13.6%
	7.0%	13.2%
	9.5%	14.8%
	4.9%	13.6%
	48.1%	10.0%
	6.2%	4.7%
	1.0%	12.2%