The housing market in Hidalgo, NM County is performing well, with the median value of a house at $113,280. This is significantly lower than the US median value of $338,100. Over the past year, the US housing appreciation rate was 8.27%, whereas in Hidalgo, NM County it was 9.54%. This indicates that the housing market in Hidalgo is doing even better than the national average. The county boasts a great quality of life and low cost of living for prospective homeowners, making it an attractive place to buy a home.
The median home cost in Hidalgo County is $113,280. Home appreciation the last 10 years has been 65.2%. Home Appreciation in Hidalgo County is up 18.3%.
Average Age of Homes
- The median age of Hidalgo County real estate is 41 years old
The Rental Market in Hidalgo County
- Renters make up 25.2% of the Hidalgo County population
- 2.1% of houses and apartments in Hidalgo 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.