The housing median value in Ilfeld, NM 87538 is $212,300. This is significantly lower than the US house median value of $338,100. The US 1 year house appreciation rate is 8.27%, however Ilfeld has seen an impressive 15.22% growth in the past year. This high rate of appreciation indicates that Ilfeld may be a great place to invest in real estate and could yield good returns for those looking to buy a home or investment property there.
The median home cost in Ilfeld (zip 87538) is $212,300. Home appreciation the last 10 years has been 87.6%. Home Appreciation in Ilfeld (zip 87538) is up 15.7%.
Average Age of Homes
- The median age of Ilfeld (zip 87538) real estate is 21 years old
The Rental Market in Ilfeld (zip 87538)
- Renters make up 0.0% of the Ilfeld (zip 87538) population
- 0.0% of houses and apartments in Ilfeld (zip 87538), 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.