The housing market in 87028 La Joya, NM is thriving with a median value of $171,600. This is significantly lower than the national median of $338,100 but it also has a higher 1 year house appreciation rate of 13.83%, much higher than the national rate of 8.27%. This indicates that homes in La Joya are both more affordable and have seen a greater increase in value compared to other parts of the country. As such, investing in real estate here looks like a very attractive option for potential buyers.
The median home cost in La Joya (zip 87028) is $171,600. Home appreciation the last 10 years has been 71.2%. Home Appreciation in La Joya (zip 87028) is up 16.7%.
Average Age of Homes
- The median age of La Joya (zip 87028) real estate is 32 years old
The Rental Market in La Joya (zip 87028)
- Renters make up 0.0% of the La Joya (zip 87028) population
- 0.0% of houses and apartments in La Joya (zip 87028), 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.