Zip 88029 (Columbus, NM) Housing

The housing market in 88029 Columbus, NM is currently an attractive option for homebuyers. The median value of a house in this area is $91,000, which is significantly lower than the US House Median Value of $338,100. Additionally, the 1 year house appreciation rate in this area is 16.79%, much higher than the US 1 year House Appreciation rate of 8.27%. Given these favorable conditions, 88029 Columbus, NM is an excellent place to invest in housing.

The median home cost in Columbus (zip 88029) is $91,000. Home appreciation the last 10 years has been 65.2%. Home Appreciation in Columbus (zip 88029) is up 18.3%.

Average Age of Homes

- The median age of Columbus (zip 88029) real estate is 41 years old

The Rental Market in Columbus (zip 88029)

- Renters make up 17.0% of the Columbus (zip 88029) population
- 0.9% of houses and apartments in Columbus (zip 88029), 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	Columbus, New Mexico	United States
	763.0	139,647,020.0
	40	42
	$91,000	$338,100
	18.3%	16.6%
	57.5%	57.0%
	65.2%	101.1%
	$4.76	$10.98
	$342	$2,690
	29.1%	57.4%
	49.5%	11.2%
	21.4%	31.4%
Vacant Housing
	0.9%	1.9%
	0.0%	0.4%
	0.8%	0.7%
	2.6%	0.4%
	6.3%	3.6%
	38.9%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	16.7%	2.4%
	18.0%	2.8%
	31.5%	3.9%
	18.9%	4.5%
	14.9%	11.3%
	0.0%	13.0%
	0.0%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	5.0%	0.2%
	13.6%	13.6%
	13.6%	13.6%
	12.1%	13.6%
	20.3%	13.2%
	17.8%	14.8%
	12.1%	13.6%
	8.7%	10.0%
	2.2%	4.7%
	1.6%	12.2%

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