Springer, NM is a great place to buy a house. The median value of the housing market in Springer is $101,700 which is significantly lower than the US national median of $338,100. House appreciation has been strong over the past year, with an increase of 9.54%, compared to the 8.27% increase across the US. This makes Springer an attractive option for those looking for a good value home in a safe and stable community.
The median home cost in Springer is $101,700. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Springer is up 12.5%.
Average Age of Homes
- The median age of Springer real estate is 54 years old
The Rental Market in Springer
- Renters make up 27.7% of the Springer population
- 1.8% of houses and apartments in Springer, 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.