Zip 87511 (La Villita, NM) Housing

Housing in La Villita, NM is a great deal. The median value of a house in this area is $230,500, which may seem high to some but is considerably lower than the US house median value of $338,100. The one-year appreciation for housing in La Villita is 15.22%, which is higher than the national average of 8.27%. This means that people who purchase property here can expect to see an increase in their home values over time. Investing in La Villita real estate promises to be a lucrative endeavor for anyone looking for solid returns on their investment.

The median home cost in La Villita (zip 87511) is $230,500. Home appreciation the last 10 years has been 87.6%. Home Appreciation in La Villita (zip 87511) is up 15.7%.

Average Age of Homes

- The median age of La Villita (zip 87511) real estate is 26 years old

The Rental Market in La Villita (zip 87511)

- Renters make up 10.8% of the La Villita (zip 87511) population
- 0.0% of houses and apartments in La Villita (zip 87511), 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 Villita, New Mexico	United States
	1,134.0	139,647,020.0
	30	42
	$230,500	$338,100
	15.7%	16.6%
	62.5%	57.0%
	87.6%	101.1%
	$5.46	$10.98
	$866	$2,690
	48.6%	57.4%
	38.5%	11.2%
	12.9%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	3.4%	0.7%
	0.0%	0.4%
	18.7%	3.6%
	16.4%	4.1%
Value of Owner-Occupied Housing
	20.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.5%	3.9%
	16.7%	4.5%
	4.2%	11.3%
	34.8%	13.0%
	11.3%	20.1%
	1.1%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.5%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	10.9%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	21.3%	13.6%
	21.3%	13.6%
	27.6%	13.6%
	15.9%	13.2%
	21.4%	14.8%
	27.6%	13.6%
	1.3%	10.0%
	0.6%	4.7%
	3.1%	12.2%

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