The housing market in 87715 Cleveland, NM is doing well with a median value of $135,200 and an appreciation rate of 9.54% in the past year. This is slightly higher than the US house median value of $338,100 and 8.27% appreciation rate in the same time frame. Residents of 87715 Cleveland, NM have seen an increase in the value of their homes which is great news for homeowners and real estate investors alike. With low interest rates still available it's a great time to be considering buying or selling a home in this area.
The median home cost in Cleveland (zip 87715) is $135,200. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Cleveland (zip 87715) is up 12.5%.
Average Age of Homes
- The median age of Cleveland (zip 87715) real estate is 44 years old
The Rental Market in Cleveland (zip 87715)
- Renters make up 9.3% of the Cleveland (zip 87715) population
- 0.0% of houses and apartments in Cleveland (zip 87715), 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.