The housing market in 87319 Mentmore, NM is quite strong compared with the nation as a whole. The median value of homes in 87319 Mentmore is $52,200, which is roughly 15% lower than the national median value of $338,100. However, over the past year, home values have appreciated by 9.54%, far outpacing the national average appreciation rate of 8.27%. With moderate prices and a strong appreciation rate, 87319 Mentmore is an attractive option for those looking to buy or invest in the housing market.
The median home cost in Mentmore (zip 87319) is $52,200. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Mentmore (zip 87319) is up 12.5%.
Average Age of Homes
- The median age of Mentmore (zip 87319) real estate is 29 years old
The Rental Market in Mentmore (zip 87319)
- Renters make up 3.6% of the Mentmore (zip 87319) population
- 0.0% of houses and apartments in Mentmore (zip 87319), 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.