The housing market in Pep, NM (88126) is robust. According to the data, the median value for homes in this area is $143,000, which is lower than the US median of $338,100. However, the one year appreciation rate for homes in Pep is 9.54%, higher than the national average of 8.27%. This indicates that investing in a home here could be a wise decision, with potential for appreciation and a lower entry cost than other locations nationwide.
The median home cost in Pep (zip 88126) is $143,000. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Pep (zip 88126) is up 12.5%.
Average Age of Homes
- The median age of Pep (zip 88126) real estate is 45 years old
The Rental Market in Pep (zip 88126)
- Renters make up 0.0% of the Pep (zip 88126) population
- 0.0% of houses and apartments in Pep (zip 88126), 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.