Zip 87105 (South Valley, NM) Housing

The housing situation in 87105 South Valley, NM is quite strong. The median value of homes in the area is $230,200, which is significantly lower than the US House Median Value of $338,100. Despite this difference, homeowners in 87105 South Valley have seen a higher rate of house appreciation year-over-year at 13.79%, compared to the US average of 8.27%. This shows that the housing market in 87105 South Valley has grown stronger over the past year, and suggests potential for continued growth in the future.

The median home cost in South Valley (zip 87105) is $230,200. Home appreciation the last 10 years has been 77.7%. Home Appreciation in South Valley (zip 87105) is up 17.1%.

Average Age of Homes

- The median age of South Valley (zip 87105) real estate is 46 years old

The Rental Market in South Valley (zip 87105)

- Renters make up 23.2% of the South Valley (zip 87105) population
- 1.3% of houses and apartments in South Valley (zip 87105), 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	South Valley, New Mexico	United States
	20,849.0	139,647,020.0
	50	42
	$230,200	$338,100
	17.1%	16.6%
	57.7%	57.0%
	77.7%	101.1%
	$9.12	$10.98
	$1,381	$2,690
	65.3%	57.4%
	9.4%	11.2%
	25.3%	31.4%
Vacant Housing
	1.3%	1.9%
	0.3%	0.4%
	0.7%	0.7%
	0.5%	0.4%
	0.6%	3.6%
	6.0%	4.1%
Value of Owner-Occupied Housing
	3.7%	2.6%
	3.8%	2.4%
	1.6%	2.8%
	4.3%	3.9%
	6.9%	4.5%
	28.8%	11.3%
	21.4%	13.0%
	18.4%	20.1%
	4.8%	13.6%
	2.6%	8.3%
	2.7%	9.7%
	0.6%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	7.6%	13.6%
	7.6%	13.6%
	10.8%	13.6%
	11.0%	13.2%
	18.9%	14.8%
	10.8%	13.6%
	16.8%	10.0%
	7.5%	4.7%
	7.3%	12.2%

Reviews for South Valley

See all (0)

Write a Review

Start Your Review of South Valley

Commute