The housing median value in 88348 San Patricio, NM is $300,400 which is lower than the US House Median Value of $338,100. However, the house appreciation rate for this area in the past year was higher than the US average with a 9.54% increase compared to 8.27%. This indicates that homes here are experiencing more investment and growth than the national average, making it an attractive place to invest in property.
The median home cost in San Patricio (zip 88348) is $300,400. Home appreciation the last 10 years has been 56.6%. Home Appreciation in San Patricio (zip 88348) is up 12.5%.
Average Age of Homes
- The median age of San Patricio (zip 88348) real estate is 28 years old
The Rental Market in San Patricio (zip 88348)
- Renters make up 25.5% of the San Patricio (zip 88348) population
- 8.1% of houses and apartments in San Patricio (zip 88348), 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.