Nogal, NM has a median value of housing at $215,200, which is significantly lower than the US House Median Value of $338,100. However, the 1 year appreciation rate for housing in Nogal is 9.54%, higher than the US 1 year house appreciation rate of 8.27%. This higher rate of appreciation suggests that the value of housing in Nogal should continue to increase in the future. With its attractive house values and potential for growth, it's no wonder why this small town is becoming an increasingly popular place to buy or invest in real estate.
The median home cost in Nogal is $215,200. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Nogal is up 12.5%.
Average Age of Homes
- The median age of Nogal real estate is 38 years old
The Rental Market in Nogal
- Renters make up 6.3% of the Nogal population
- 0.0% of houses and apartments in Nogal, 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.