The housing market in 88341 Nogal, NM is significantly stronger than the US average. According to the given data, the median value of a home in this area is $319,500, which is slightly less than the US median of $338,100. However, what sets it apart from other areas is its appreciation rate of 9.54%, which is higher than the national rate of 8.27%. This indicates that investments made in this area are likely to yield higher returns. Therefore, if you're looking to invest in real estate or buy a house in 88341 Nogal, NM then it could be a very lucrative option.
The median home cost in Nogal (zip 88341) is $319,500. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Nogal (zip 88341) is up 12.5%.
Average Age of Homes
- The median age of Nogal (zip 88341) real estate is 21 years old
The Rental Market in Nogal (zip 88341)
- Renters make up 1.4% of the Nogal (zip 88341) population
- 0.0% of houses and apartments in Nogal (zip 88341), 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.