The housing market in Tatum, NM (88267) is much lower than the national median value of $338,100, with a median value of $89,900. Despite this lower cost of housing, the 1 year house appreciation rate for Tatum is still at an impressive 4.31%, only slightly lower than the US average of 8.27%. This means that people living in this area can take advantage of great deals and appreciate their homes in value faster than many other areas across the country. Whether you're looking for a starter home or an investment property, there's something for everyone in Tatum.
The median home cost in Tatum (zip 88267) is $89,900. Home appreciation the last 10 years has been 51.7%. Home Appreciation in Tatum (zip 88267) is up 6.2%.
Average Age of Homes
- The median age of Tatum (zip 88267) real estate is 53 years old
The Rental Market in Tatum (zip 88267)
- Renters make up 13.5% of the Tatum (zip 88267) population
- 0.0% of houses and apartments in Tatum (zip 88267), 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.