The housing market in 87539 La Madera, NM is quite impressive. The median value of homes in La Madera is currently $303,700, which is far lower than the US median value of $338,100. Even more impressive is that the 1 year house appreciation rate in La Madera was 15.22%, significantly higher than the US rate of 8.27%. This indicates that the housing market in La Madera has been performing exceptionally well and that now may be an ideal time to invest in property here.
The median home cost in La Madera (zip 87539) is $303,700. Home appreciation the last 10 years has been 87.6%. Home Appreciation in La Madera (zip 87539) is up 15.7%.
Average Age of Homes
- The median age of La Madera (zip 87539) real estate is 36 years old
The Rental Market in La Madera (zip 87539)
- Renters make up 14.8% of the La Madera (zip 87539) population
- 13.9% of houses and apartments in La Madera (zip 87539), 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.