88039 Glenwood, NM is a great place to invest in real estate due to its higher than average house appreciation rate. The housing median value in 88039 Glenwood, NM is $146,500 - significantly lower than the US housing median value of $338,100. Over the past year alone the US house appreciation rate has been 8.27%, while in 88039 Glenwood, NM it has been 16.79%. This means that those investing in the area can expect to see a larger return on their investment than when investing elsewhere throughout the United States.
The median home cost in Glenwood (zip 88039) is $146,500. Home appreciation the last 10 years has been 65.2%. Home Appreciation in Glenwood (zip 88039) is up 18.3%.
Average Age of Homes
- The median age of Glenwood (zip 88039) real estate is 41 years old
The Rental Market in Glenwood (zip 88039)
- Renters make up 4.0% of the Glenwood (zip 88039) population
- 0.0% of houses and apartments in Glenwood (zip 88039), 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.