The housing market in 87313 Crownpoint, NM is on the rise. The median value for homes in this area is $86,500, which is far lower than the US House Median Value of $338,100. This makes the area an attractive option for those looking to buy a home on a budget. Moreover, the annual appreciation rate of 9.54% for houses in this area is higher than the national average of 8.27%. This bodes well for those wishing to invest in the local housing market as they can expect to see an increase in their investment value over time.
The median home cost in Crownpoint (zip 87313) is $86,500. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Crownpoint (zip 87313) is up 12.5%.
Average Age of Homes
- The median age of Crownpoint (zip 87313) real estate is 33 years old
The Rental Market in Crownpoint (zip 87313)
- Renters make up 22.7% of the Crownpoint (zip 87313) population
- 3.1% of houses and apartments in Crownpoint (zip 87313), 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.