The housing market in Tecolotito, NM is quite different from the rest of the United States. The median value of a home in Tecolotito is $45,500 compared to the US median of $338,100. This shows that property is much more affordable in Tecolotito. Despite this, the 1 year house appreciation rate was higher than the national average, with 9.54% growth compared to 8.27%. This shows that Tecolotito’s housing market remains competitive and provides a good investment opportunity for those looking to purchase a home in this area.
The median home cost in Tecolotito is $45,500. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Tecolotito is up 12.5%.
Average Age of Homes
- The median age of Tecolotito real estate is 78 years old
The Rental Market in Tecolotito
- Renters make up 0.0% of the Tecolotito population
- 0.0% of houses and apartments in Tecolotito, 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.