Housing in 88250 Hope, NM is significantly more affordable than the U.S. average, with a median value of $259,600 compared to the US median of $338,100. While 1 year house appreciation in the U.S. is 8.27%, in 88250 Hope it stands at 4.31%, lower than the U.S average but still a healthy rate of growth overall for home values in this area.
The median home cost in Hope (zip 88250) is $259,600. Home appreciation the last 10 years has been 51.7%. Home Appreciation in Hope (zip 88250) is up 6.2%.
Average Age of Homes
- The median age of Hope (zip 88250) real estate is 41 years old
The Rental Market in Hope (zip 88250)
- Renters make up 8.3% of the Hope (zip 88250) population
- 0.0% of houses and apartments in Hope (zip 88250), 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.