The housing market in Clovis, New Mexico (88101) has been steadily growing over the past year. The median value of a home in this area is currently $135,400, significantly lower than the US median of $338,100. However, Clovis has boasted an impressive 9.54% appreciation in the last year - slightly higher than the US average of 8.27%. This indicates that the market is strong and continuing to grow.
The median home cost in Clovis (zip 88101) is $135,400. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Clovis (zip 88101) is up 12.5%.
Average Age of Homes
- The median age of Clovis (zip 88101) real estate is 42 years old
The Rental Market in Clovis (zip 88101)
- Renters make up 36.9% of the Clovis (zip 88101) population
- 3.1% of houses and apartments in Clovis (zip 88101), 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.