The housing median value in Monument, NM (88265) is $286,200. This is significantly lower than the US House Median Value of $338,100. The US 1 year house appreciation rate is 8.27%, while the 1 year appreciation rate in Monument, NM is 4.31%. This reflects a slower gain in real estate value than the national average. Despite this, Monument remains an attractive choice for potential home buyers as it offers an affordable housing market and plenty of amenities to enjoy in the area.
The median home cost in Monument (zip 88265) is $286,200. Home appreciation the last 10 years has been 51.7%. Home Appreciation in Monument (zip 88265) is up 6.2%.
Average Age of Homes
- The median age of Monument (zip 88265) real estate is 49 years old
The Rental Market in Monument (zip 88265)
- Renters make up 19.4% of the Monument (zip 88265) population
- 0.0% of houses and apartments in Monument (zip 88265), 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.