Paradise Hills, NM is a great place to live in terms of housing value. The median house value in Paradise Hills is $213,800, which is significantly lower than the US median house value of $338,100. Furthermore, the one-year house appreciation rate in Paradise Hills is 13.79%, which is much higher than the national average of 8.27%. This means that the investment potential for buying a home in Paradise Hills is high and could lead to considerable returns over time. Therefore, if you are looking for an affordable place to buy a home and benefit from good returns on your investment, then consider Paradise Hills as an option.
The median home cost in Paradise Hills is $213,800. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Paradise Hills is up 17.1%.
Average Age of Homes
- The median age of Paradise Hills real estate is 41 years old
The Rental Market in Paradise Hills
- Renters make up 18.6% of the Paradise Hills population
- 2.2% of houses and apartments in Paradise Hills, 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.