Hondo, NM has a median housing value of $309,000, which is lower than the US housing median of $338,100. However, houses in Hondo have had a higher appreciation rate of 9.54% over the past year compared to 8.27% across the US as a whole. This reflects the strong demand for homes in Hondo and suggests that the value of homes in this area could increase further over time.
The median home cost in Hondo (zip 88336) is $309,000. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Hondo (zip 88336) is up 12.5%.
Average Age of Homes
- The median age of Hondo (zip 88336) real estate is 49 years old
The Rental Market in Hondo (zip 88336)
- Renters make up 24.0% of the Hondo (zip 88336) population
- 0.0% of houses and apartments in Hondo (zip 88336), 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.