Sierra, NM County has an impressive housing market. The median value of houses in the county is $140,200 which is significantly lower than the US house median value of $338,100. However, what truly sets Sierra, NM County apart is its 1 year house appreciation rate of 16.74%, which far exceeds the US house appreciation rate of 8.27%. This indicates that Sierra, NM County is a great place to invest in the housing market.
The median home cost in Sierra County is $140,200. Home appreciation the last 10 years has been 56.8%. Home Appreciation in Sierra County is up 12.6%.
Average Age of Homes
- The median age of Sierra County real estate is 36 years old
The Rental Market in Sierra County
- Renters make up 13.6% of the Sierra County population
- 2.3% of houses and apartments in Sierra 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.