The housing market in 88436 Sedan, NM is on the rise and has outperformed the national average. The median value of a house in 88436 Sedan, NM is $144,400, which is substantially lower than the US house median value of $338,100. However, the one-year house appreciation rate for 88436 Sedan, NM is 9.54%, higher than the national average of 8.27%. This indicates that the housing market in this area is strong and will likely continue to grow at a steady rate in the near future.
The median home cost in Sedan (zip 88436) is $144,400. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Sedan (zip 88436) is up 12.5%.
Average Age of Homes
- The median age of Sedan (zip 88436) real estate is 53 years old
The Rental Market in Sedan (zip 88436)
- Renters make up 60.0% of the Sedan (zip 88436) population
- 0.0% of houses and apartments in Sedan (zip 88436), 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.