The housing market in 88027 Chamberino, NM is an enticing opportunity for potential homeowners. The median value of homes in the area stands at $170,500, significantly lower than the US median value of $338,100. What's more, the 1-year appreciation rate for homes in this area is 16.79%, far higher than the national average of 8.27%. Homeowners in 88027 Chamberino, NM can expect to see their home values increase at a more rapid pace than those elsewhere in the United States. This makes it a desirable place to live for those looking to buy a house and benefit from appreciation over time.
The median home cost in Chamberino (zip 88027) is $170,500. Home appreciation the last 10 years has been 65.2%. Home Appreciation in Chamberino (zip 88027) is up 18.3%.
Average Age of Homes
- The median age of Chamberino (zip 88027) real estate is 47 years old
The Rental Market in Chamberino (zip 88027)
- Renters make up 0.0% of the Chamberino (zip 88027) population
- 3.1% of houses and apartments in Chamberino (zip 88027), 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.