Housing in 87831 Alamillo, NM is a great investment. According to recent statistics, the median value for housing in 87831 Alamillo, NM is $190,300, which is lower than the U.S. median value of $338,100. Furthermore, the 1-year appreciation rate for housing in 87831 Alamillo, NM is 9.54%, which is higher than the national average of 8.27%. This means that housing in 87831 Alamillo, NM has seen faster growth in the past year compared to other parts of the country and could continue to appreciate going forward.
The median home cost in Alamillo (zip 87831) is $190,300. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Alamillo (zip 87831) is up 12.5%.
Average Age of Homes
- The median age of Alamillo (zip 87831) real estate is 37 years old
The Rental Market in Alamillo (zip 87831)
- Renters make up 4.8% of the Alamillo (zip 87831) population
- 0.0% of houses and apartments in Alamillo (zip 87831), 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.