The housing market in Playas, NM has seen significantly more appreciation than the US average over the past year. The median house value is currently $113,300, which is considerably lower than the national average of $338,100. However, the rate of appreciation has been much higher in Playas with a one year increase of 16.79%, compared to 8.27% nationally. This highlights that despite the lower prices in Playas, it offers an attractive investment opportunity with potential for considerable growth.
The median home cost in Playas is $113,300. Home appreciation the last 10 years has been 65.2%. Home Appreciation in Playas is up 18.3%.
Average Age of Homes
- The median age of Playas real estate is 42 years old
The Rental Market in Playas
- Renters make up 47.7% of the Playas population
- 0.0% of houses and apartments in Playas, 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.