Velarde, NM has a housing median value of $239,100, which is significantly lower than the US housing median value of $338,100. However, in the last year there has been an appreciation of 15.22%, which is higher than the US average appreciation rate of 8.27%. This indicates that Velarde, NM's housing market is growing and could be an attractive option for potential buyers or investors.
The median home cost in Velarde is $239,100. Home appreciation the last 10 years has been 87.6%. Home Appreciation in Velarde is up 15.7%.
Average Age of Homes
- The median age of Velarde real estate is 16 years old
The Rental Market in Velarde
- Renters make up 0.0% of the Velarde population
- 0.0% of houses and apartments in Velarde, 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.