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Zip 87939 (Monticello, NM) Housing

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United States / New Mexico / No Metro Area / Sierra County / No City / Monticello (zip 87939)
The housing market in 87939 Monticello, NM is showing signs of strong appreciation. The median value of homes in this area is $155,700, which is significantly lower than the US median house value of $338,100. The US house appreciation rate over the past year has been 8.27%, but the appreciation rate in 87939 Monticello, NM has been even more robust at 9.54%. These strong market conditions have made it attractive to potential buyers looking for a bargain and have encouraged existing homeowners to invest further into their homes.

The median home cost in Monticello (zip 87939) is $155,700. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Monticello (zip 87939) is up 12.5%.

Average Age of Homes
- The median age of Monticello (zip 87939) real estate is 30 years old
The Rental Market in Monticello (zip 87939)
- Renters make up 0.0% of the Monticello (zip 87939) population
- 8.0% of houses and apartments in Monticello (zip 87939), are available to rent

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

  HousingMonticello, New MexicoUnited States
Property Taxes Paid 2690

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