Mescalero, NM has a median housing value of $73,200, which is much lower than the US median of $338,100. Despite this difference, the area has still seen a significant increase in house prices over the past year with an appreciation rate of 9.54%, which is higher than the national average of 8.27%. This suggests that Mescalero is currently experiencing strong demand in its housing market and could be worth investing in for those looking for a low-cost option in real estate.
The median home cost in Mescalero is $73,200. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Mescalero is up 12.5%.
Average Age of Homes
- The median age of Mescalero real estate is 39 years old
The Rental Market in Mescalero
- Renters make up 36.6% of the Mescalero population
- 4.6% of houses and apartments in Mescalero, 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.