San Miguel, NM is an area that has seen a great deal of appreciation in its housing market. The median value of homes in San Miguel is currently $159,100, which is significantly lower than the median value of homes across the United States at $338,100. However, over the last year the house appreciation rate in San Miguel has been 16.79%, which is more than double the US average of 8.27%. This makes San Miguel an attractive option for potential homeowners looking for an area with a high amount of appreciation and relatively low housing prices.
The median home cost in San Miguel is $159,100. Home appreciation the last 10 years has been 65.2%. Home Appreciation in San Miguel is up 18.3%.
Average Age of Homes
- The median age of San Miguel real estate is 30 years old
The Rental Market in San Miguel
- Renters make up 25.9% of the San Miguel population
- 0.0% of houses and apartments in San Miguel, 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.