Shiprock, NM is an interesting place when it comes to housing. The median value of a house in Shiprock is $95,100, much lower than the US median value of $338,100. This may be due to the fact that 1 year appreciation rate for houses in Shiprock is 15.14%, more than double the US rate of 8.27%. Despite the low median price and high appreciation rate, it's important to note that these numbers can vary depending on location and other factors related to the area.
The median home cost in Shiprock (zip 87420) is $95,100. Home appreciation the last 10 years has been 37.1%. Home Appreciation in Shiprock (zip 87420) is up 13.4%.
Average Age of Homes
- The median age of Shiprock (zip 87420) real estate is 32 years old
The Rental Market in Shiprock (zip 87420)
- Renters make up 27.0% of the Shiprock (zip 87420) population
- 0.5% of houses and apartments in Shiprock (zip 87420), 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.