Housing in 88254 Lakewood, NM is considerably more affordable than the US median value of $338,100. The median value of homes in 88254 Lakewood, NM is $261,600, a difference of over $76,000. While the US has seen an appreciation rate of 8.27% year-over-year, housing in 88254 Lakewood has appreciated at 4.31%, still providing a good opportunity to those looking to invest in the area. Overall, the housing market in 88254 Lakewood presents an attractive opportunity for those seeking affordable real estate options with potential for growth.
The median home cost in Lakewood (zip 88254) is $261,600. Home appreciation the last 10 years has been 51.7%. Home Appreciation in Lakewood (zip 88254) is up 6.2%.
Average Age of Homes
- The median age of Lakewood (zip 88254) real estate is 47 years old
The Rental Market in Lakewood (zip 88254)
- Renters make up 0.0% of the Lakewood (zip 88254) population
- 0.0% of houses and apartments in Lakewood (zip 88254), 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.