Valencia County, NM Housing

The housing market in Valencia, NM County is flourishing. The median value of homes in the area is $243,600, which is significantly lower than the US house median value of $338,100. Over the past year, house values have appreciated by 9.88%, which is higher than the US 1 year house appreciation rate of 8.27%. This suggests that Valencia property is a great investment opportunity and its housing market may continue to appreciate rapidly in the near future.

The median home cost in Valencia County is $243,600. Home appreciation the last 10 years has been 71.2%. Home Appreciation in Valencia County is up 16.7%.

Average Age of Homes

- The median age of Valencia County real estate is 30 years old

The Rental Market in Valencia County

- Renters make up 18.7% of the Valencia County population
- 1.6% of houses and apartments in Valencia 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Valencia, New Mexico	United States
	29,979.0	139,647,020.0
	33	42
	$243,600	$338,100
	16.7%	16.6%
	56.4%	57.0%
	71.2%	101.1%
	$7.64	$10.98
	$1,179	$2,690
	69.8%	57.4%
	14.8%	11.2%
	15.4%	31.4%
Vacant Housing
	1.6%	1.9%
	0.5%	0.4%
	1.0%	0.7%
	0.2%	0.4%
	2.9%	3.6%
	8.5%	4.1%
Value of Owner-Occupied Housing
	3.6%	2.6%
	5.1%	2.4%
	6.1%	2.8%
	6.7%	3.9%
	6.7%	4.5%
	19.7%	11.3%
	19.2%	13.0%
	19.2%	20.1%
	7.1%	13.6%
	2.7%	8.3%
	2.1%	9.7%
	1.0%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	17.9%	13.6%
	17.9%	13.6%
	24.5%	13.6%
	20.4%	13.2%
	19.6%	14.8%
	24.5%	13.6%
	4.2%	10.0%
	1.3%	4.7%
	3.5%	12.2%

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