The housing market in 87557 Ranchos De Taos, NM is doing better than the national average. According to recent data, the median house value in this location is $352,600 – significantly higher than the US House Median Value of $338,100. Furthermore, while the US 1 year House Appreciation was 8.27%, house appreciation in 87557 Ranchos De Taos, NM was 15.22% over the same period. This suggests that investing in real estate here could be a wise move.
The median home cost in Ranchos De Taos (zip 87557) is $352,600. Home appreciation the last 10 years has been 87.6%. Home Appreciation in Ranchos De Taos (zip 87557) is up 15.7%.
Average Age of Homes
- The median age of Ranchos De Taos (zip 87557) real estate is 30 years old
The Rental Market in Ranchos De Taos (zip 87557)
- Renters make up 17.6% of the Ranchos De Taos (zip 87557) population
- 3.6% of houses and apartments in Ranchos De Taos (zip 87557), 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.