Zip 88022 (Arenas Valley, NM) Housing

Housing in 88022 Arenas Valley, NM is quite affordable compared to the US median value. The housing median value in Arenas Valley is $174,500 which is a lot lower than the US median value of $338,100. Furthermore, the appreciation rate of houses in Arenas Valley has been higher than that of the US at 16.79% in the past year compared to 8.27%. As such, this makes Arenas Valley an attractive option for people looking for an affordable place to live with potential for high returns on their investments.

The median home cost in Arenas Valley (zip 88022) is $174,500. Home appreciation the last 10 years has been 65.2%. Home Appreciation in Arenas Valley (zip 88022) is up 18.3%.

Average Age of Homes

- The median age of Arenas Valley (zip 88022) real estate is 32 years old

The Rental Market in Arenas Valley (zip 88022)

- Renters make up 11.4% of the Arenas Valley (zip 88022) population
- 4.4% of houses and apartments in Arenas Valley (zip 88022), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Arenas Valley, New Mexico	United States
	458.0	139,647,020.0
	33	42
	$174,500	$338,100
	18.3%	16.6%
	57.5%	57.0%
	65.2%	101.1%
	$5.23	$10.98
	$656	$2,690
	44.8%	57.4%
	41.9%	11.2%
	13.3%	31.4%
Vacant Housing
	4.4%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	22.5%	3.6%
	15.1%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	5.4%	2.4%
	7.8%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	22.4%	11.3%
	52.7%	13.0%
	7.3%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	4.4%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	14.2%	13.6%
	14.2%	13.6%
	32.1%	13.6%
	20.7%	13.2%
	6.1%	14.8%
	32.1%	13.6%
	1.1%	10.0%
	1.3%	4.7%
	6.3%	12.2%

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