The housing market in 87412 Blanco, NM is strong and rapidly appreciating. According to the data, the median value for a house in this area is $193,300. This is significantly lower than the US House Median Value which is $338,100. In addition to its low cost of entry, the appreciation rate of houses in this region has stood out compared to other areas of the US; in the last year, it was 15.14%, much higher than the 1-year US House Appreciation rate of 8.27%. This makes it a great investment opportunity for potential homeowners or real estate investors.
The median home cost in Blanco (zip 87412) is $193,300. Home appreciation the last 10 years has been 37.1%. Home Appreciation in Blanco (zip 87412) is up 13.4%.
Average Age of Homes
- The median age of Blanco (zip 87412) real estate is 41 years old
The Rental Market in Blanco (zip 87412)
- Renters make up 10.7% of the Blanco (zip 87412) population
- 0.0% of houses and apartments in Blanco (zip 87412), 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.