The housing market in 87752 Wagon Mound, NM is flourishing. The median value of a house in the area is $118,100 which is significantly lower than the US House Median Value of $338,100. However, this low cost is counteracted by an impressive one year House Appreciation rate of 9.54% which surpasses the US 1 year House Appreciation at 8.27%. This means that people who buy a property in 87752 Wagon Mound, NM are likely to see an increase in their investment value over time.
The median home cost in Wagon Mound (zip 87752) is $118,100. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Wagon Mound (zip 87752) is up 12.5%.
Average Age of Homes
- The median age of Wagon Mound (zip 87752) real estate is 73 years old
The Rental Market in Wagon Mound (zip 87752)
- Renters make up 27.1% of the Wagon Mound (zip 87752) population
- 0.0% of houses and apartments in Wagon Mound (zip 87752), 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.