Housing in 87743 Roy, NM is quite affordable in comparison to the US median value. The housing median value for 87743 Roy, NM is $124,200 which is much lower than the US median value of $338,100. Furthermore, in the last year house appreciation in 87743 Roy, NM was 9.54%, which was higher than the US house appreciation rate of 8.27%. This could be an indication of a growing real estate market and increasing property values for those living in this area.
The median home cost in Roy (zip 87743) is $124,200. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Roy (zip 87743) is up 12.5%.
Average Age of Homes
- The median age of Roy (zip 87743) real estate is 63 years old
The Rental Market in Roy (zip 87743)
- Renters make up 7.1% of the Roy (zip 87743) population
- 0.0% of houses and apartments in Roy (zip 87743), 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.