Mora, NM County has an impressive median housing value of $127,320, which is significantly lower than the US median housing value of $338,100. This suggests that it is a more affordable area to live compared to other parts of the country. Moreover, the 1 year house appreciation rate in Mora County is 9.54% which is higher than the national average of 8.27%. This indicates that the housing market in Mora is strong and continues to be robust despite some fluctuations in the national market.
The median home cost in Mora County is $127,320. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Mora County is up 12.5%.
Average Age of Homes
- The median age of Mora County real estate is 44 years old
The Rental Market in Mora County
- Renters make up 10.4% of the Mora County population
- 0.5% of houses and apartments in Mora County, 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.