In 88072 Vado, NM the median value of housing is $238,400, which is significantly lower than the national median of $338,100. However, the 1 year house appreciation rate in 88072 Vado, NM is 16.79%, much higher than the national level of 8.27%. This high appreciation rate indicates that housing prices in this area are increasing at a faster rate than the national average and may be a good investment for those looking to purchase property in the area.
The median home cost in Vado (zip 88072) is $238,400. Home appreciation the last 10 years has been 65.2%. Home Appreciation in Vado (zip 88072) is up 18.3%.
Average Age of Homes
- The median age of Vado (zip 88072) real estate is 37 years old
The Rental Market in Vado (zip 88072)
- Renters make up 22.3% of the Vado (zip 88072) population
- 0.0% of houses and apartments in Vado (zip 88072), 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.