The housing market in 88424 Grenville, NM is an excellent choice for potential homeowners. According to data sourced from the US Census Bureau and other sources, the median value of homes in the area is $135,900. This is significantly lower than the US median house value of $338,100. Home values here are also increasing at a rate that above the national average - with appreciation rates for the last year being 9.54%. This means that purchasing a home here could be a great long-term investment. In conclusion, Grenville's housing market offers great affordability and potential for growth.
The median home cost in Grenville (zip 88424) is $135,900. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Grenville (zip 88424) is up 12.5%.
Average Age of Homes
- The median age of Grenville (zip 88424) real estate is 33 years old
The Rental Market in Grenville (zip 88424)
- Renters make up 3.6% of the Grenville (zip 88424) population
- 0.0% of houses and apartments in Grenville (zip 88424), 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.