Located in the small town of Williamsburg, New Mexico, 87942 has a median value of housing that is significantly lower than the national median value. The median house value in 87942 is $135,400 and the US median is $338,100. Although the house values are lower in this area compared to the national average, it still saw an appreciation of 9.54% in one year which is slightly higher than the US 1 year appreciation rate of 8.27%. This could be due to competitively priced houses or other factors like proximity to popular areas. With its relatively low-priced housing and increasing home values, 87942 Williamsburg may be a great place to live for those looking for affordable homes with good appreciation potential.
The median home cost in Williamsburg (zip 87942) is $135,400. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Williamsburg (zip 87942) is up 12.5%.
Average Age of Homes
- The median age of Williamsburg (zip 87942) real estate is 39 years old
The Rental Market in Williamsburg (zip 87942)
- Renters make up 12.7% of the Williamsburg (zip 87942) population
- 0.0% of houses and apartments in Williamsburg (zip 87942), 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.