The housing market in Mc Donald, NM (88262) is quite different from the US average. The median value of homes in Mc Donald is $153,600, significantly lower than the US median of $338,100. This difference can be seen in the appreciation rate as well; while the US 1 year house appreciation rate is 8.27%, it's only 4.31% in Mc Donald. Therefore, Mc Donald may be a more affordable option for those looking to purchase a home that may not have access to higher-priced markets.
The median home cost in Mc Donald (zip 88262) is $153,600. Home appreciation the last 10 years has been 51.7%. Home Appreciation in Mc Donald (zip 88262) is up 6.2%.
Average Age of Homes
- The median age of Mc Donald (zip 88262) real estate is 61 years old
The Rental Market in Mc Donald (zip 88262)
- Renters make up 0.0% of the Mc Donald (zip 88262) population
- 0.0% of houses and apartments in Mc Donald (zip 88262), 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.