The housing market in Taos, NM 87571 is quite strong compared to the rest of the United States. The median value for a house in this area is $389,900 which is significantly higher than the US House Median Value of $338,100. Furthermore, the one year appreciation for houses here is 15.22% which is much higher than the national average of 8.27%. This makes Taos an attractive place for potential real estate investments or just to live in general.
The median home cost in Taos (zip 87571) is $389,900. Home appreciation the last 10 years has been 87.6%. Home Appreciation in Taos (zip 87571) is up 15.7%.
Average Age of Homes
- The median age of Taos (zip 87571) real estate is 37 years old
The Rental Market in Taos (zip 87571)
- Renters make up 24.6% of the Taos (zip 87571) population
- 5.0% of houses and apartments in Taos (zip 87571), 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.