Housing in 87455 Newcomb, NM has a median value of $64,700, which is significantly lower than the US median value of $338,100. However, this area has seen particularly strong appreciation over the past year at 15.14%. This is much higher than the US average of 8.27%, meaning that homes are quickly increasing in value. Overall, home values in this area are relatively low compared to other places in the country, but they have been gaining ground quickly and could be a great investment.
The median home cost in Newcomb (zip 87455) is $64,700. Home appreciation the last 10 years has been 37.1%. Home Appreciation in Newcomb (zip 87455) is up 13.4%.
Average Age of Homes
- The median age of Newcomb (zip 87455) real estate is 36 years old
The Rental Market in Newcomb (zip 87455)
- Renters make up 14.3% of the Newcomb (zip 87455) population
- 0.4% of houses and apartments in Newcomb (zip 87455), 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.