Zip 87042 (Peralta, NM) Housing

The housing market in 87042 Peralta, NM is very robust, with the median value at $293,200. That's below the US median of $338,100, but it has seen an impressive 13.83% appreciation in just one year compared to the 8.27% national increase. This indicates a strong economy and housing market in the area. Investing in this area may be a smart choice for those looking to buy or sell real estate.

The median home cost in Peralta (zip 87042) is $293,200. Home appreciation the last 10 years has been 71.2%. Home Appreciation in Peralta (zip 87042) is up 16.7%.

Average Age of Homes

- The median age of Peralta (zip 87042) real estate is 32 years old

The Rental Market in Peralta (zip 87042)

- Renters make up 18.6% of the Peralta (zip 87042) population
- 3.2% of houses and apartments in Peralta (zip 87042), 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	Peralta, New Mexico	United States
	1,588.0	139,647,020.0
	41	42
	$293,200	$338,100
	16.7%	16.6%
	56.4%	57.0%
	71.2%	101.1%
	$5.73	$10.98
	$1,230	$2,690
	74.0%	57.4%
	13.4%	11.2%
	12.7%	31.4%
Vacant Housing
	3.2%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	2.8%	3.6%
	7.4%	4.1%
Value of Owner-Occupied Housing
	1.7%	2.6%
	0.0%	2.4%
	1.8%	2.8%
	8.4%	3.9%
	0.0%	4.5%
	15.2%	11.3%
	16.5%	13.0%
	29.1%	20.1%
	14.1%	13.6%
	8.9%	8.3%
	4.3%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.9%	13.6%
	12.9%	13.6%
	12.0%	13.6%
	25.4%	13.2%
	25.2%	14.8%
	12.0%	13.6%
	7.6%	10.0%
	0.0%	4.7%
	5.5%	12.2%

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