Housing in 87714 Cimarron, NM is looking positive, with the median house value of $150,600 and an annual appreciation rate of 9.54%. This is slightly higher than the national average of 8.27%, indicating that the real estate market in this area is growing quickly. Furthermore, the median house value in 87714 Cimarron, NM is almost half of what it is nationally ($338,100). This makes it an affordable option for those looking to purchase a home in a relatively safe area.
The median home cost in Cimarron (zip 87714) is $150,600. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Cimarron (zip 87714) is up 12.5%.
Average Age of Homes
- The median age of Cimarron (zip 87714) real estate is 39 years old
The Rental Market in Cimarron (zip 87714)
- Renters make up 17.2% of the Cimarron (zip 87714) population
- 1.3% of houses and apartments in Cimarron (zip 87714), 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.