In 87513 Arroyo Hondo, NM the median housing value is $536,100. This is significantly higher than the national median value of $338,100. The one year appreciation rate for homes in 87513 Arroyo Hondo is 15.22%, which is 7.95% higher than the national average of 8.27%. This higher rate of appreciation speaks to the desirability of the area and may indicate that now is a good time to invest in housing in this region.
The median home cost in Arroyo Hondo (zip 87513) is $536,100. Home appreciation the last 10 years has been 87.6%. Home Appreciation in Arroyo Hondo (zip 87513) is up 15.7%.
Average Age of Homes
- The median age of Arroyo Hondo (zip 87513) real estate is 17 years old
The Rental Market in Arroyo Hondo (zip 87513)
- Renters make up 6.5% of the Arroyo Hondo (zip 87513) population
- 0.0% of houses and apartments in Arroyo Hondo (zip 87513), 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.