In Santa Rosa, NM (zip code 88435), the median house value is approximately $132,500. This is significantly lower than the US house median value of $338,100. Despite this difference in medain values, Santa Rosa has experienced a higher 1 year house appreciation rate than the national average. The US 1 year house appreciation rate is 8.27%, while the 1 year appreciation rate in Santa Rosa is 9.54%. This demonstrates that housing in Santa Rosa is becoming more desirable and valuable despite its lower median house value compared to the national average.
The median home cost in Santa Rosa (zip 88435) is $132,500. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Santa Rosa (zip 88435) is up 12.5%.
Average Age of Homes
- The median age of Santa Rosa (zip 88435) real estate is 47 years old
The Rental Market in Santa Rosa (zip 88435)
- Renters make up 15.3% of the Santa Rosa (zip 88435) population
- 1.1% of houses and apartments in Santa Rosa (zip 88435), 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.