Housing in 88055 Redrock, NM is quite valuable. The median value of housing in this area is $207,900 which is slightly lower than the US House Median Value of $338,100. However, the one year house appreciation in 88055 Redrock, NM is 16.79%, much higher than the US 1 year House Appreciation rate of 8.27%. This means that housing values are increasing substantially in this area and this could be a great opportunity to invest or purchase a home here.
The median home cost in Redrock (zip 88055) is $207,900. Home appreciation the last 10 years has been 65.2%. Home Appreciation in Redrock (zip 88055) is up 18.3%.
Average Age of Homes
- The median age of Redrock (zip 88055) real estate is 54 years old
The Rental Market in Redrock (zip 88055)
- Renters make up 41.9% of the Redrock (zip 88055) population
- 0.0% of houses and apartments in Redrock (zip 88055), 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.