The housing median value in 88023 Bayard, NM is $113,200, which is significantly lower than the US housing median value of $338,100. Interestingly, this area experienced a higher one year house appreciation rate of 16.79%, compared to the national average of 8.27%. This could indicate strong growth potential for anyone looking to invest in the local housing market. With relatively low prices and significant growth potential, 88023 Bayard could be an attractive and affordable option for people seeking to purchase a home in the area.
The median home cost in Bayard (zip 88023) is $113,200. Home appreciation the last 10 years has been 65.2%. Home Appreciation in Bayard (zip 88023) is up 18.3%.
Average Age of Homes
- The median age of Bayard (zip 88023) real estate is 53 years old
The Rental Market in Bayard (zip 88023)
- Renters make up 28.3% of the Bayard (zip 88023) population
- 0.0% of houses and apartments in Bayard (zip 88023), 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.