Lemitar, NM Housing

Lemitar, NM is a small town with a population of about 800 people located in Southern New Mexico. The median home value in Lemitar is $114,300, which is significantly lower than the national median home value of $338,100. In the past year, the housing market in Lemitar has appreciated by 9.54%, slightly higher than the US average of 8.27%. This increase in appreciation could be attributed to the increasing popularity of the town as more and more people move to settle down there. As such, Lemitar remains an attractive option for those who are looking to invest in a relatively affordable property that is likely to appreciate in value over time.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lemitar, New Mexico	United States
	193.0	139,647,020.0
	51	42
	$114,300	$338,100
	12.5%	16.6%
	43.0%	57.0%
	56.6%	101.1%
	$6.19	$10.98
	$717	$2,690
	60.6%	57.4%
	39.4%	11.2%
	0.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	39.4%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	6.8%	2.4%
	16.2%	2.8%
	0.0%	3.9%
	14.5%	4.5%
	48.7%	11.3%
	11.1%	13.0%
	0.0%	20.1%
	2.6%	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%
	1.6%	13.6%
	1.6%	13.6%
	33.7%	13.6%
	8.8%	13.2%
	6.2%	14.8%
	33.7%	13.6%
	11.9%	10.0%
	0.0%	4.7%
	32.1%	12.2%