The housing median value in 87575 Tierra Amarilla, NM is $197,300 which is significantly lower than the US house median value of $338,100. While the US housing market saw an appreciation rate of 8.27% over the past year, housing in 87575 Tierra Amarilla, NM experienced a much higher appreciation rate of 15.22%. This indicates that 87575 Tierra Amarilla, NM is a great place to invest in real estate with potential for continued growth in the future.
The median home cost in Tierra Amarilla (zip 87575) is $197,300. Home appreciation the last 10 years has been 87.6%. Home Appreciation in Tierra Amarilla (zip 87575) is up 15.7%.
Average Age of Homes
- The median age of Tierra Amarilla (zip 87575) real estate is 32 years old
The Rental Market in Tierra Amarilla (zip 87575)
- Renters make up 6.1% of the Tierra Amarilla (zip 87575) population
- 0.0% of houses and apartments in Tierra Amarilla (zip 87575), 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.