Housing in Jarales, NM (87023) is a great choice for those looking to buy or invest in real estate. The median value of homes in the area is $223,600, which is much lower than the national median value of $338,100. Over the past year, the housing appreciation rate in Jarales has been 13.83%, higher than the average US house appreciation rate of 8.27%. This means that houses are appreciating faster and can provide good returns for investors. The area also offers excellent amenities which makes it ideal for families and individuals alike. Jarales is an attractive place to live due to its atmosphere and affordability, making it a great choice for anyone looking to purchase property there.
The median home cost in Jarales (zip 87023) is $223,600. Home appreciation the last 10 years has been 71.2%. Home Appreciation in Jarales (zip 87023) is up 16.7%.
Average Age of Homes
- The median age of Jarales (zip 87023) real estate is 29 years old
The Rental Market in Jarales (zip 87023)
- Renters make up 9.3% of the Jarales (zip 87023) population
- 2.9% of houses and apartments in Jarales (zip 87023), 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.