Grants Metro Area, NM Housing

Grants, NM Metro Area is a great place to find affordable housing options. The median housing value in the area is $104,200, which is significantly lower than the US median of $338,100. In the past year, the appreciation rate for homes in Grants has been 9.54%, higher than the national average of 8.27%. This growth indicates that housing in Grants is increasing in value; it's a great investment opportunity for those looking to buy a home and settle down in this charming community.

The median home cost in Grants Metro Area is $104,200. Home appreciation the last 10 years has been 70.7%. Home Appreciation in Grants Metro Area is up 16.6%.

Average Age of Homes

- The median age of Grants Metro Area real estate is 41 years old

The Rental Market in Grants Metro Area

- Renters make up 19.0% of the Grants Metro Area population
- 0.9% of houses and apartments in Grants 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Grants, New Mexico	United States
	11,120.0	139,647,020.0
	44	42
	$104,200	$338,100
	16.6%	16.6%
	56.0%	57.0%
	70.7%	101.1%
	$7.35	$10.98
	$638	$2,690
	53.7%	57.4%
	28.7%	11.2%
	17.6%	31.4%
Vacant Housing
	0.9%	1.9%
	0.7%	0.4%
	0.5%	0.7%
	0.8%	0.4%
	5.0%	3.6%
	20.7%	4.1%
Value of Owner-Occupied Housing
	18.5%	2.6%
	9.7%	2.4%
	8.7%	2.8%
	9.9%	3.9%
	6.3%	4.5%
	21.6%	11.3%
	12.6%	13.0%
	5.5%	20.1%
	3.1%	13.6%
	1.7%	8.3%
	1.6%	9.7%
	0.1%	3.9%
	0.4%	2.2%
	0.6%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.8%	13.6%
	11.8%	13.6%
	14.3%	13.6%
	13.2%	13.2%
	27.0%	14.8%
	14.3%	13.6%
	8.2%	10.0%
	2.5%	4.7%
	6.3%	12.2%

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