Zip 87044 (Ponderosa, NM) Housing

The housing market in 87044 Ponderosa, NM is thriving. The median value of homes is $240,200, which is significantly lower than the US median value of $338,100. Despite this difference, the 1 year house appreciation in 87044 Ponderosa, NM is 13.83%, which is much higher than the national average of 8.27%. This shows that owning a home in 87044 Ponderosa, NM can be a smart investment and could provide a good return on investment over time.

The median home cost in Ponderosa (zip 87044) is $240,200. Home appreciation the last 10 years has been 71.2%. Home Appreciation in Ponderosa (zip 87044) is up 16.7%.

Average Age of Homes

- The median age of Ponderosa (zip 87044) real estate is 34 years old

The Rental Market in Ponderosa (zip 87044)

- Renters make up 18.3% of the Ponderosa (zip 87044) population
- 0.0% of houses and apartments in Ponderosa (zip 87044), 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	Ponderosa, New Mexico	United States
	134.0	139,647,020.0
	39	42
	$240,200	$338,100
	16.7%	16.6%
	56.4%	57.0%
	71.2%	101.1%
	$8.56	$10.98
	$1,220	$2,690
	54.5%	57.4%
	45.5%	11.2%
	0.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	19.4%	0.7%
	0.0%	0.4%
	20.9%	3.6%
	5.2%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	19.2%	2.8%
	19.2%	3.9%
	0.0%	4.5%
	13.7%	11.3%
	0.0%	13.0%
	30.1%	20.1%
	0.0%	13.6%
	12.3%	8.3%
	5.5%	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%
	9.7%	13.6%
	9.7%	13.6%
	0.0%	13.6%
	26.9%	13.2%
	15.7%	14.8%
	0.0%	13.6%
	3.7%	10.0%
	3.0%	4.7%
	21.6%	12.2%

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