Zip 87734 (Ocate, NM) Housing

Housing in 87734 Ocate, NM is very affordable compared to the US House Median Value. The Median Value for housing in 87734 Ocate, NM is $134,800 - much lower than the US House Median Value of $338,100. Furthermore, the 1 year House Appreciation for this area is 9.54% - higher than the US 1 year House Appreciation of 8.27%. This means that housing values are increasing at a relatively rapid rate and it may be an ideal time to invest in real estate in this area.

The median home cost in Ocate (zip 87734) is $134,800. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Ocate (zip 87734) is up 12.5%.

Average Age of Homes

- The median age of Ocate (zip 87734) real estate is 48 years old

The Rental Market in Ocate (zip 87734)

- Renters make up 4.9% of the Ocate (zip 87734) population
- 0.0% of houses and apartments in Ocate (zip 87734), 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	Ocate, New Mexico	United States
	163.0	139,647,020.0
	37	42
	$134,800	$338,100
	12.5%	16.6%
	43.0%	57.0%
	56.6%	101.1%
	$5.21	$10.98
	$628	$2,690
	56.4%	57.4%
	34.4%	11.2%
	9.2%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	12.9%	0.7%
	0.0%	0.4%
	4.9%	3.6%
	16.6%	4.1%
Value of Owner-Occupied Housing
	16.3%	2.6%
	0.0%	2.4%
	35.9%	2.8%
	3.3%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	2.2%	13.0%
	6.5%	20.1%
	26.1%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	3.3%	3.9%
	2.2%	2.2%
	4.3%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.8%	13.6%
	1.8%	13.6%
	16.6%	13.6%
	49.7%	13.2%
	6.7%	14.8%
	16.6%	13.6%
	4.3%	10.0%
	0.0%	4.7%
	18.4%	12.2%

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