The housing market in 87933 Derry, NM is currently quite healthy. The median value of homes in the area is $150,400, which is much lower than the US median house value of $338,100. Additionally, in the last year home appreciation has been strong at 9.54%, higher than the US rate of 8.27%. These factors make Derry an attractive place to purchase a home as housing values are expected to continue to appreciate over the coming years.
The median home cost in Derry (zip 87933) is $150,400. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Derry (zip 87933) is up 12.5%.
Average Age of Homes
- The median age of Derry (zip 87933) real estate is 36 years old
The Rental Market in Derry (zip 87933)
- Renters make up 0.0% of the Derry (zip 87933) population
- 0.0% of houses and apartments in Derry (zip 87933), 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.