Zip 88120 (Grady, NM) Housing


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Housing in 88120 Grady, NM is a great investment. The median value for housing in this area is $143,300, which is considerably lower than the US median value of $338,100. Moreover, the 1 year house appreciation rate for this area is 9.54%, which is higher than the national average of 8.27%. Thus, investing in housing in Grady can be a sound decision that offers great potential returns.

The median home cost in Grady (zip 88120) is $143,300. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Grady (zip 88120) is up 12.5%.

Average Age of Homes
- The median age of Grady (zip 88120) real estate is 62 years old
The Rental Market in Grady (zip 88120)
- Renters make up 21.1% of the Grady (zip 88120) population
- 0.0% of houses and apartments in Grady (zip 88120), 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

  HousingGrady, New MexicoUnited States
  197.0139,647,020.0
  5742
  $143,300$338,100
  12.5%16.6%
  43.0%57.0%
  56.6%101.1%
  $5.72$10.98
  $389$2,690
  47.2%57.4%
  11.7%11.2%
  41.1%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  2.5%0.7%
  0.0%0.4%
  1.5%3.6%
  7.6%4.1%
  Value of Owner-Occupied Housing
  0.0%2.6%
  3.2%2.4%
  4.3%2.8%
  9.7%3.9%
  12.9%4.5%
  29.0%11.3%
  7.5%13.0%
  26.9%20.1%
  0.0%13.6%
  2.2%8.3%
  0.0%9.7%
  2.2%3.9%
  2.2%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  3.0%13.6%
  3.0%13.6%
  3.6%13.6%
  2.5%13.2%
  14.2%14.8%
  3.6%13.6%
  3.6%10.0%
  25.9%4.7%
  7.1%12.2%
Commute