Zip 88318 (Corona, NM) Housing


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United States / New Mexico / No Metro Area / Lincoln County / Corona / Corona (zip 88318)
Corona, NM is a great place to live for those looking to invest in housing. The median value of a house in Corona is $256,600, which is significantly lower than the US housing median value of $338,100. Additionally, the one-year house appreciation rate for Corona is 9.54%, higher than the US rate of 8.27%. This makes investing in housing in Corona an attractive option for potential homeowners or investors. With its low median value and high appreciation rate, Corona offers its residents and future buyers a great opportunity to invest in property that will likely gain them success over time.

The median home cost in Corona (zip 88318) is $256,600. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Corona (zip 88318) is up 12.5%.

Average Age of Homes
- The median age of Corona (zip 88318) real estate is 51 years old
The Rental Market in Corona (zip 88318)
- Renters make up 9.7% of the Corona (zip 88318) population
- 3.8% of houses and apartments in Corona (zip 88318), 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

  HousingCorona, New MexicoUnited States
  287.0139,647,020.0
  5642
  $256,600$338,100
  12.5%16.6%
  43.0%57.0%
  56.6%101.1%
  $6.30$10.98
  $986$2,690
  48.8%57.4%
  40.8%11.2%
  10.5%31.4%
  Vacant Housing
  3.8%1.9%
  0.0%0.4%
  2.8%0.7%
  1.4%0.4%
  13.6%3.6%
  19.2%4.1%
  Value of Owner-Occupied Housing
  0.7%2.6%
  3.6%2.4%
  10.0%2.8%
  9.3%3.9%
  10.0%4.5%
  5.7%11.3%
  9.3%13.0%
  25.7%20.1%
  4.3%13.6%
  0.0%8.3%
  15.7%9.7%
  5.7%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  16.0%13.6%
  16.0%13.6%
  5.9%13.6%
  13.6%13.2%
  9.1%14.8%
  5.9%13.6%
  6.6%10.0%
  23.3%4.7%
  15.7%12.2%
Commute

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