The housing market in Rock Springs, NM seems to be doing quite well compared to the rest of the country. The median value of housing in Rock Springs is $120,900, which is much lower than the US house median value of $338,100. Despite this lower cost, the area also saw a more significant 1 year appreciation rate (9.54%) than the US (8.27%). This suggests that Rock Springs is still seeing healthy growth in its housing market and may be an attractive place to invest in real estate for potential homeowners.
The median home cost in Rock Springs is $120,900. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Rock Springs is up 12.5%.
Average Age of Homes
- The median age of Rock Springs real estate is 28 years old
The Rental Market in Rock Springs
- Renters make up 0.8% of the Rock Springs population
- 0.0% of houses and apartments in Rock Springs, 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.