The housing market in Mosquero, NM has been growing steadily over the past year. The median value of a home is currently $119,000, which is significantly lower than the national median of $338,100. This provides a great opportunity for potential buyers to get a good deal on their new home. The appreciation rate for homes in Mosquero, NM has also increased by 9.54%, slightly more than the US average of 8.27%. This indicates that prices could continue to rise in the future and make now an opportune time to buy real estate in Mosquero, NM.
The median home cost in Mosquero is $119,000. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Mosquero is up 12.5%.
Average Age of Homes
- The median age of Mosquero real estate is 78 years old
The Rental Market in Mosquero
- Renters make up 4.9% of the Mosquero population
- 6.9% of houses and apartments in Mosquero, 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.