Zip 88337 (La Luz, NM) Housing

Housing in La Luz, NM (zip code 88337) is significantly more affordable than the US home median value. The median value of a home in La Luz is $233,200 compared to the US median value of $338,100. This difference presents many opportunities for potential homeowners. Additionally, there has been an impressive appreciation rate in La Luz of 9.54% over the last year, compared to 8.27% nationally. This makes La Luz an even more attractive place for those looking to invest in property.

The median home cost in La Luz (zip 88337) is $233,200. Home appreciation the last 10 years has been 56.6%. Home Appreciation in La Luz (zip 88337) is up 12.5%.

Average Age of Homes

- The median age of La Luz (zip 88337) real estate is 35 years old

The Rental Market in La Luz (zip 88337)

- Renters make up 13.2% of the La Luz (zip 88337) population
- 4.6% of houses and apartments in La Luz (zip 88337), 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

Housing	La Luz, New Mexico	United States
	1,041.0	139,647,020.0
	34	42
	$233,200	$338,100
	12.5%	16.6%
	43.0%	57.0%
	56.6%	101.1%
	$4.84	$10.98
	$589	$2,690
	65.9%	57.4%
	20.6%	11.2%
	13.5%	31.4%
Vacant Housing
	4.6%	1.9%
	0.0%	0.4%
	3.5%	0.7%
	0.0%	0.4%
	4.7%	3.6%
	7.8%	4.1%
Value of Owner-Occupied Housing
	6.0%	2.6%
	0.0%	2.4%
	3.1%	2.8%
	17.6%	3.9%
	3.9%	4.5%
	24.6%	11.3%
	9.5%	13.0%
	19.5%	20.1%
	11.5%	13.6%
	0.0%	8.3%
	4.2%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.3%	13.6%
	6.3%	13.6%
	33.8%	13.6%
	24.8%	13.2%
	12.2%	14.8%
	33.8%	13.6%
	10.8%	10.0%
	2.7%	4.7%
	0.7%	12.2%

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