Zip 87530 (El Rito, NM) Housing

Housing in El Rito, NM (87530) is appreciating at a much faster rate than the national average. The median housing value in El Rito is $242,300, which is significantly lower than the US median of $338,100. Nevertheless, El Rito's 1-year house appreciation rate of 15.22% far outpaces the US 1-year house appreciation rate of 8.27%. This means that housing values are increasing faster for El Rito residents than for homeowners across the country as a whole.

The median home cost in El Rito (zip 87530) is $242,300. Home appreciation the last 10 years has been 87.6%. Home Appreciation in El Rito (zip 87530) is up 15.7%.

Average Age of Homes

- The median age of El Rito (zip 87530) real estate is 38 years old

The Rental Market in El Rito (zip 87530)

- Renters make up 18.8% of the El Rito (zip 87530) population
- 0.0% of houses and apartments in El Rito (zip 87530), 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	El Rito, New Mexico	United States
	711.0	139,647,020.0
	28	42
	$242,300	$338,100
	15.7%	16.6%
	62.5%	57.0%
	87.6%	101.1%
	$4.71	$10.98
	$779	$2,690
	61.3%	57.4%
	38.7%	11.2%
	0.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	4.6%	3.6%
	34.0%	4.1%
Value of Owner-Occupied Housing
	4.6%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	43.3%	4.5%
	0.0%	11.3%
	0.0%	13.0%
	43.1%	20.1%
	8.9%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	30.1%	13.6%
	30.1%	13.6%
	26.6%	13.6%
	10.0%	13.2%
	25.5%	14.8%
	26.6%	13.6%
	4.6%	10.0%
	0.0%	4.7%
	3.2%	12.2%

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