Sunland Park, NM is an attractive area for people looking to purchase a home due to the comparatively low median house value of $187,000. This is significantly lower than the US median house value of $338,100 and is likely quite appealing to prospective buyers. Additionally, in the last year, there has been an impressive 16.79% appreciation rate for houses in Sunland Park compared to the 8.27% appreciation rate across the US. This makes Sunland Park an even more appealing option for potential homeowners who are looking for a great return on investment.
The median home cost in Sunland Park is $187,000. Home appreciation the last 10 years has been 65.2%. Home Appreciation in Sunland Park is up 18.3%.
Average Age of Homes
- The median age of Sunland Park real estate is 25 years old
The Rental Market in Sunland Park
- Renters make up 30.6% of the Sunland Park population
- 1.0% of houses and apartments in Sunland Park, 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.