Zip 88317 (Cloudcroft, NM) Housing

The housing market in 88317 Cloudcroft, NM is significantly more affordable than the US average. The median value of a house in 88317 Cloudcroft,NM is $254,000- almost 25% less than the national median of $338,100. Furthermore, the 1 year appreciation rate for houses in 88317 Cloudcroft is 9.54%, slightly higher than the national rate of 8.27%. This provides a great opportunity for buyers looking to invest in an area with potential gains at an affordable price point.

The median home cost in Cloudcroft (zip 88317) is $254,000. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Cloudcroft (zip 88317) is up 12.5%.

Average Age of Homes

- The median age of Cloudcroft (zip 88317) real estate is 36 years old

The Rental Market in Cloudcroft (zip 88317)

- Renters make up 5.8% of the Cloudcroft (zip 88317) population
- 0.9% of houses and apartments in Cloudcroft (zip 88317), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Cloudcroft, New Mexico	United States
	2,956.0	139,647,020.0
	39	42
	$254,000	$338,100
	12.5%	16.6%
	43.0%	57.0%
	56.6%	101.1%
	$6.05	$10.98
	$747	$2,690
	22.7%	57.4%
	73.7%	11.2%
	3.6%	31.4%
Vacant Housing
	0.9%	1.9%
	0.0%	0.4%
	2.3%	0.7%
	1.0%	0.4%
	65.1%	3.6%
	4.4%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.6%	2.4%
	0.0%	2.8%
	6.0%	3.9%
	8.8%	4.5%
	10.3%	11.3%
	34.6%	13.0%
	21.0%	20.1%
	13.4%	13.6%
	3.1%	8.3%
	1.5%	9.7%
	0.0%	3.9%
	0.7%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.5%	13.6%
	9.5%	13.6%
	20.7%	13.6%
	19.7%	13.2%
	20.4%	14.8%
	20.7%	13.6%
	5.2%	10.0%
	2.3%	4.7%
	6.4%	12.2%

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