Zip 87013 (Cuba, NM) Housing

The housing market in 87013 Cuba, NM is showing strong growth over the past year. The median value of a home is $236,700 which is significantly lower than the US median of $338,100. However, in the past year the appreciation rate of housing in this area has been 13.83%, significantly higher than the 8.27% nationwide appreciation rate. This speaks to an increasingly robust real estate market in 87013 Cuba, NM and suggests that now may be an opportune time for interested buyers to enter into the market.

The median home cost in Cuba (zip 87013) is $236,700. Home appreciation the last 10 years has been 71.2%. Home Appreciation in Cuba (zip 87013) is up 16.7%.

Average Age of Homes

- The median age of Cuba (zip 87013) real estate is 30 years old

The Rental Market in Cuba (zip 87013)

- Renters make up 14.6% of the Cuba (zip 87013) population
- 1.3% of houses and apartments in Cuba (zip 87013), 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	Cuba, New Mexico	United States
	2,135.0	139,647,020.0
	40	42
	$236,700	$338,100
	16.7%	16.6%
	56.4%	57.0%
	71.2%	101.1%
	$8.56	$10.98
	$505	$2,690
	54.3%	57.4%
	27.1%	11.2%
	18.6%	31.4%
Vacant Housing
	1.3%	1.9%
	0.0%	0.4%
	2.4%	0.7%
	0.0%	0.4%
	8.2%	3.6%
	15.2%	4.1%
Value of Owner-Occupied Housing
	17.2%	2.6%
	13.0%	2.4%
	11.7%	2.8%
	4.1%	3.9%
	11.6%	4.5%
	15.3%	11.3%
	8.9%	13.0%
	2.4%	20.1%
	5.9%	13.6%
	0.9%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.8%	2.2%
	0.0%	0.8%
	8.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.1%	13.6%
	11.1%	13.6%
	16.3%	13.6%
	22.9%	13.2%
	21.8%	14.8%
	16.3%	13.6%
	4.0%	10.0%
	2.7%	4.7%
	2.7%	12.2%

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