Zip 88311 (Boles Acres, NM) Housing

The housing market in 88311 Boles Acres, NM is thriving. The median value of homes is $89,300, which is significantly lower than the national average of $338,100. In the past year, home appreciation has been strong at 9.54%, higher than the national rate of 8.27%. This indicates that the housing market in Boles Acres continues to be a desirable and affordable option for potential homeowners.

The median home cost in Boles Acres (zip 88311) is $89,300. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Boles Acres (zip 88311) is up 12.5%.

Average Age of Homes

- The median age of Boles Acres (zip 88311) real estate is 43 years old

The Rental Market in Boles Acres (zip 88311)

- Renters make up 20.8% of the Boles Acres (zip 88311) population
- 5.9% of houses and apartments in Boles Acres (zip 88311), 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	Boles Acres, New Mexico	United States
	614.0	139,647,020.0
	45	42
	$89,300	$338,100
	12.5%	16.6%
	43.0%	57.0%
	56.6%	101.1%
	$5.60	$10.98
	$404	$2,690
	61.9%	57.4%
	29.3%	11.2%
	8.8%	31.4%
Vacant Housing
	5.9%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	2.1%	0.4%
	0.0%	3.6%
	21.3%	4.1%
Value of Owner-Occupied Housing
	5.8%	2.6%
	11.1%	2.4%
	24.2%	2.8%
	16.3%	3.9%
	3.9%	4.5%
	20.3%	11.3%
	18.4%	13.0%
	0.0%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	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%
	7.7%	13.6%
	7.7%	13.6%
	26.7%	13.6%
	4.1%	13.2%
	21.2%	14.8%
	26.7%	13.6%
	10.4%	10.0%
	2.3%	4.7%
	2.8%	12.2%

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