The housing market in Pena Blanca, NM is thriving. The median value of homes in the area is $242,100, which is significantly lower than the US median value of $338,100. In the last year alone, house values have appreciated 13.83%, compared to the US average appreciation rate of 8.27%. This suggests that Pena Blanca is a desirable place to live and invest in real estate.
The median home cost in Pena Blanca is $242,100. Home appreciation the last 10 years has been 71.2%. Home Appreciation in Pena Blanca is up 16.7%.
Average Age of Homes
- The median age of Pena Blanca real estate is 43 years old
The Rental Market in Pena Blanca
- Renters make up 10.5% of the Pena Blanca population
- 0.7% of houses and apartments in Pena Blanca, 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.