La Cienega, NM is an excellent place to invest in real estate. The median value of housing there is currently $334,600, slightly lower than the U.S. median value of $338,100. However, the housing appreciation rate in La Cienega is 15.22%, which is higher than the U.S. house appreciation rate of 8.27%. This suggests that there are good opportunities for investment in La Cienega's real estate market as prices are expected to rise significantly over the next year.
The median home cost in La Cienega is $334,600. Home appreciation the last 10 years has been 87.6%. Home Appreciation in La Cienega is up 15.7%.
Average Age of Homes
- The median age of La Cienega real estate is 23 years old
The Rental Market in La Cienega
- Renters make up 21.0% of the La Cienega population
- 0.0% of houses and apartments in La Cienega, 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.