Zip 88418 (Des Moines, NM) Housing

Housing in 88418 Des Moines, NM is quite affordable, with a median value of $138,300 which is much lower than the median value of housing in the US at $338,100. Additionally, house values have seen an appreciation of 9.54% in 88418 Des Moines, NM over the past year which is slightly higher than the US house appreciation rate of 8.27%. Therefore, it can be concluded that investing in housing in 88418 Des Moines, NM will be a great option as values are increasing but still remain quite affordable.

The median home cost in Des Moines (zip 88418) is $138,300. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Des Moines (zip 88418) is up 12.5%.

Average Age of Homes

- The median age of Des Moines (zip 88418) real estate is 55 years old

The Rental Market in Des Moines (zip 88418)

- Renters make up 28.8% of the Des Moines (zip 88418) population
- 0.0% of houses and apartments in Des Moines (zip 88418), 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	Des Moines, New Mexico	United States
	183.0	139,647,020.0
	58	42
	$138,300	$338,100
	12.5%	16.6%
	43.0%	57.0%
	56.6%	101.1%
	$4.69	$10.98
	$454	$2,690
	43.2%	57.4%
	35.5%	11.2%
	21.3%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	25.1%	3.6%
	10.4%	4.1%
Value of Owner-Occupied Housing
	11.4%	2.6%
	1.3%	2.4%
	5.1%	2.8%
	3.8%	3.9%
	7.6%	4.5%
	26.6%	11.3%
	2.5%	13.0%
	6.3%	20.1%
	30.4%	13.6%
	0.0%	8.3%
	3.8%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	1.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.4%	13.6%
	4.4%	13.6%
	7.1%	13.6%
	18.6%	13.2%
	8.2%	14.8%
	7.1%	13.6%
	11.5%	10.0%
	19.7%	4.7%
	14.2%	12.2%

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