The housing market in Rio Arriba, NM County is a thriving one. The median value of homes in the county is $253,100, which is higher than the US median house value of $338,100. Furthermore, the rate of appreciation for housing over the last year has been strong at 9.67%, slightly outstripping the national rate of 8.27%. This demonstrates that there is a sustained interest in buying property in the area and presents an opportunity for potential homeowners to find good investment opportunities.
The median home cost in Rio Arriba County is $253,100. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Rio Arriba County is up 15.7%.
Average Age of Homes
- The median age of Rio Arriba County real estate is 36 years old
The Rental Market in Rio Arriba County
- Renters make up 16.0% of the Rio Arriba County population
- 0.7% of houses and apartments in Rio Arriba 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.