Zip 87529 (El Prado, NM) Housing

Housing in 87529 El Prado, NM is likely to be on the higher side due to its median value being $416,500. This figure is significantly higher than the US median house value of $338,100. In addition, there has been a 15.22% 1-year appreciation rate in housing prices in El Prado compared to the US average of 8.27%. Therefore it is clear that homes in this location are appreciating significantly faster than elsewhere in the country and are likely to be more expensive.

The median home cost in El Prado (zip 87529) is $416,500. Home appreciation the last 10 years has been 87.6%. Home Appreciation in El Prado (zip 87529) is up 15.7%.

Average Age of Homes

- The median age of El Prado (zip 87529) real estate is 28 years old

The Rental Market in El Prado (zip 87529)

- Renters make up 19.6% of the El Prado (zip 87529) population
- 5.3% of houses and apartments in El Prado (zip 87529), 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	El Prado, New Mexico	United States
	2,769.0	139,647,020.0
	30	42
	$416,500	$338,100
	15.7%	16.6%
	62.5%	57.0%
	87.6%	101.1%
	$4.12	$10.98
	$1,389	$2,690
	59.2%	57.4%
	30.6%	11.2%
	10.2%	31.4%
Vacant Housing
	5.3%	1.9%
	1.7%	0.4%
	2.2%	0.7%
	0.1%	0.4%
	11.7%	3.6%
	9.7%	4.1%
Value of Owner-Occupied Housing
	7.4%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	1.0%	3.9%
	1.5%	4.5%
	9.6%	11.3%
	4.4%	13.0%
	17.2%	20.1%
	24.1%	13.6%
	17.9%	8.3%
	7.9%	9.7%
	3.6%	3.9%
	2.3%	2.2%
	3.1%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	19.8%	13.6%
	19.8%	13.6%
	33.2%	13.6%
	15.3%	13.2%
	14.4%	14.8%
	33.2%	13.6%
	0.9%	10.0%
	1.9%	4.7%
	7.1%	12.2%

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