The housing market in the Roswell, NM Metro Area is an attractive option for potential homeowners. The median value of houses in the area stands at $155,800, which is significantly lower than the national median value of $338,100. Additionally, house appreciation rates over the past year have been higher than the national average at 13.83%, compared with 8.27%. This means that now may be an ideal time to consider investing in a home in Roswell and current homeowners can rest assured that their investments are likely to appreciate strongly in value over time.
The median home cost in Roswell Metro Area is $155,800. Home appreciation the last 10 years has been 51.7%. Home Appreciation in Roswell Metro Area is up 6.2%.
Average Age of Homes
- The median age of Roswell Metro Area real estate is 48 years old
The Rental Market in Roswell Metro Area
- Renters make up 30.5% of the Roswell Metro Area population
- 2.6% of houses and apartments in Roswell Metro Area, 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.