La Jara, NM has a median housing value of $238,700, which is significantly lower than the US median house value of $338,100. Despite this disparity in prices, however, La Jara's one-year house appreciation rate is even higher than the national average at 13.83%, while the US house appreciation rate stands at 8.27%. This suggests that La Jara is an attractive market for potential buyers looking to invest in housing and benefit from local appreciation rates. The city also offers relatively low median values, making it more affordable than other markets across the country.
The median home cost in La Jara is $238,700. Home appreciation the last 10 years has been 71.2%. Home Appreciation in La Jara is up 16.7%.
Average Age of Homes
- The median age of La Jara real estate is 33 years old
The Rental Market in La Jara
- Renters make up 11.0% of the La Jara population
- 0.0% of houses and apartments in La Jara, 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.