The housing market in Truth or Consequences, NM (87901) is experiencing an increase in value at a rate that is higher than the national average. The median value of homes in 87901 is currently $120,300, while the US median value is $338,100. Over the past year, US housing appreciation was 8.27%, while appreciation in 87901 was 9.54%. This shows that property values are climbing faster here than nationwide. It's a great time to invest in real estate in this area!
The median home cost in Truth or Consequences (zip 87901) is $120,300. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Truth or Consequences (zip 87901) is up 12.5%.
Average Age of Homes
- The median age of Truth or Consequences (zip 87901) real estate is 44 years old
The Rental Market in Truth or Consequences (zip 87901)
- Renters make up 19.9% of the Truth or Consequences (zip 87901) population
- 2.8% of houses and apartments in Truth or Consequences (zip 87901), 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.