Loving, NM is a small town located in southeastern New Mexico. The median value of housing in Loving is $139,400, which is significantly lower than the US median house value of $338,100. Over the past year, the US house appreciation rate was 8.27%, while Loving's appreciation rate was 4.31%. This suggests that Loving's housing market has seen slower growth over the past year compared to other parts of the country. Despite this disparity in growth rates, Loving offers a great opportunity for those looking for affordable housing options in an otherwise expensive market.
The median home cost in Loving is $139,400. Home appreciation the last 10 years has been 51.7%. Home Appreciation in Loving is up 6.2%.
Average Age of Homes
- The median age of Loving real estate is 53 years old
The Rental Market in Loving
- Renters make up 18.7% of the Loving population
- 8.6% of houses and apartments in Loving, 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.