Zip 88119 (Fort Sumner, NM) Housing

The housing market in 88119 Fort Sumner, NM is performing very well compared to the US average. The median value of a house in 88119 Fort Sumner, NM is $177,900 which is significantly lower than the US median value of $338,100. However, the 1 year appreciation rate for the housing market in 88119 Fort Sumner, NM is a healthy 9.54%, which is 1.27% higher than the US average of 8.27%. This indicates that the housing market in 88119 Fort Sumner, NM is doing better than the national average and could be seen as a great investment opportunity for potential home buyers.

The median home cost in Fort Sumner (zip 88119) is $177,900. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Fort Sumner (zip 88119) is up 12.5%.

Average Age of Homes

- The median age of Fort Sumner (zip 88119) real estate is 49 years old

The Rental Market in Fort Sumner (zip 88119)

- Renters make up 10.1% of the Fort Sumner (zip 88119) population
- 0.0% of houses and apartments in Fort Sumner (zip 88119), 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	Fort Sumner, New Mexico	United States
	951.0	139,647,020.0
	57	42
	$177,900	$338,100
	12.5%	16.6%
	43.0%	57.0%
	56.6%	101.1%
	$5.59	$10.98
	$800	$2,690
	36.7%	57.4%
	42.3%	11.2%
	21.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.7%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	20.2%	3.6%
	21.3%	4.1%
Value of Owner-Occupied Housing
	11.5%	2.6%
	10.0%	2.4%
	6.9%	2.8%
	2.3%	3.9%
	7.7%	4.5%
	13.2%	11.3%
	6.3%	13.0%
	24.1%	20.1%
	10.6%	13.6%
	0.0%	8.3%
	1.7%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	5.7%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.9%	13.6%
	2.9%	13.6%
	13.8%	13.6%
	8.0%	13.2%
	15.6%	14.8%
	13.8%	13.6%
	17.6%	10.0%
	17.7%	4.7%
	9.5%	12.2%

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