The housing market in 87562 Rowe, NM is a good investment for potential buyers. The median value of homes in this area is $191,700, which is much lower than the US house median value of $338,100. Furthermore, the US 1 year house appreciation rate stands at 8.27%, whereas in 87562 Rowe, NM it is a whopping 15.22%. This means that an investment in the housing market here would more likely than not bring high returns to an investor. All-in-all, Rowe's housing market could be considered an excellent option for those looking to invest their money wisely.
The median home cost in Rowe (zip 87562) is $191,700. Home appreciation the last 10 years has been 87.6%. Home Appreciation in Rowe (zip 87562) is up 15.7%.
Average Age of Homes
- The median age of Rowe (zip 87562) real estate is 38 years old
The Rental Market in Rowe (zip 87562)
- Renters make up 15.5% of the Rowe (zip 87562) population
- 0.0% of houses and apartments in Rowe (zip 87562), 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.