Quemado, NM is a great place to invest in housing. The median house value is $245,300, which is significantly lower than the US average of $338,100. This means that home buyers can get more for their money. What's more, the appreciation rate over the past year has been 9.54%, higher than the US average of 8.27%. This indicates that there is strong demand for property in Quemado and prices are likely to increase in the near future. Investing in Quemado real estate could be a rewarding decision and a great way to build long-term wealth.
The median home cost in Quemado is $245,300. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Quemado is up 12.5%.
Average Age of Homes
- The median age of Quemado real estate is 78 years old
The Rental Market in Quemado
- Renters make up 13.2% of the Quemado population
- 0.0% of houses and apartments in Quemado, 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.