The housing in 87736 Rainsville, NM is quite affordable compared to the median US house price of $338,100. The median value of a house in this area is $139,400, which is around 41% lower than the national average. Furthermore, housing appreciation has been strong in this location with an impressive 9.54% increase over the past year; higher than the national average of 8.27%. This makes it an attractive option for both investors and those looking to buy a home for themselves.
The median home cost in Rainsville (zip 87736) is $139,400. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Rainsville (zip 87736) is up 12.5%.
Average Age of Homes
- The median age of Rainsville (zip 87736) real estate is 39 years old
The Rental Market in Rainsville (zip 87736)
- Renters make up 0.0% of the Rainsville (zip 87736) population
- 0.0% of houses and apartments in Rainsville (zip 87736), 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.