The housing market in Wagon Mound, NM is flourishing. The median value of a house in the area is $130,400, which is significantly lower than the US House Median Value of $338,100. Additionally, while the US House Appreciation rate was 8.27%, the appreciation rate for Wagon Mound homes rose by 9.54% over the past year. This shows that investing in real estate in this area would be a solid decision and would result in a great return on investment.
The median home cost in Wagon Mound is $130,400. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Wagon Mound is up 12.5%.
Average Age of Homes
- The median age of Wagon Mound real estate is 66 years old
The Rental Market in Wagon Mound
- Renters make up 27.2% of the Wagon Mound population
- 0.0% of houses and apartments in Wagon Mound, 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.