The housing in 87315 Fence Lake, NM is a great option for those looking for affordable living. The median value of homes in the area is $111,400, which is significantly lower than the US median value of $338,100. Additionally, the annual appreciation rate for housing in 87315 Fence Lake, NM is 9.54%, higher than the US average of 8.27%. This makes it an ideal choice for those looking to invest and take advantage of appreciating property values.
The median home cost in Fence Lake (zip 87315) is $111,400. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Fence Lake (zip 87315) is up 12.5%.
Average Age of Homes
- The median age of Fence Lake (zip 87315) real estate is 35 years old
The Rental Market in Fence Lake (zip 87315)
- Renters make up 0.0% of the Fence Lake (zip 87315) population
- 0.0% of houses and apartments in Fence Lake (zip 87315), 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.