The housing market in 88003 University Park, NM has been growing at a rapid pace. With a median house value of $279,900, the area is much more affordable than the national average median value of $338,100. Furthermore, the one-year house appreciation rate in 88003 University Park is 16.79%, which is significantly higher than the US average of 8.27%. This makes it an ideal location for those looking for an affordable home with great potential for appreciation over time.
The median home cost in University Park (zip 88003) is $279,900. Home appreciation the last 10 years has been 65.2%. Home Appreciation in University Park (zip 88003) is up 18.3%.
Average Age of Homes
- The median age of University Park (zip 88003) real estate is 29 years old
The Rental Market in University Park (zip 88003)
- Renters make up 0.0% of the University Park (zip 88003) population
- 0.0% of houses and apartments in University Park (zip 88003), 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.