The housing market in 88434 San Jon, NM is currently on the rise. The median value of a house in this area is $110,600, which is much lower than the US median at $338,100. Over the past year, the US housing market has appreciated 8.27% while San Jon's has seen an even higher appreciation of 9.54%. This indicates that investing in San Jon real estate could be a good long-term asset with potential for significant gains over time. With its low median price and high appreciation rate, now may be a great time to buy in this area before prices start to rise further.
The median home cost in San Jon (zip 88434) is $110,600. Home appreciation the last 10 years has been 56.6%. Home Appreciation in San Jon (zip 88434) is up 12.5%.
Average Age of Homes
- The median age of San Jon (zip 88434) real estate is 53 years old
The Rental Market in San Jon (zip 88434)
- Renters make up 17.8% of the San Jon (zip 88434) population
- 3.8% of houses and apartments in San Jon (zip 88434), 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.