Ramah, NM is a great place to call home with its housing median value at $180,400. This is significantly lower than the US median housing value of $338,100 and provides people with an affordable cost of living. Over the last year, the house appreciation rate in Ramah has been 9.54%, which is 1.27% higher than the US appreciation rate over the same period of 8.27%. This creates a great opportunity for those looking to invest in real estate as they can expect their homes to increase in value over time.
The median home cost in Ramah is $180,400. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Ramah is up 12.5%.
Average Age of Homes
- The median age of Ramah real estate is 37 years old
The Rental Market in Ramah
- Renters make up 17.9% of the Ramah population
- 8.3% of houses and apartments in Ramah, 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.