The housing market of 87565 Soham, NM is quite healthy as the median value of homes in this area is $197,100, which is considerably lower than the US house median value of $338,100. Furthermore, the rate of appreciation for homes in 87565 Soham is 15.22%, which is much higher than the US 1 year house appreciation rate of 8.27%. This implies that investing in a home in this area would be quite rewarding and a great option for potential homeowners.
The median home cost in Soham (zip 87565) is $197,100. Home appreciation the last 10 years has been 87.6%. Home Appreciation in Soham (zip 87565) is up 15.7%.
Average Age of Homes
- The median age of Soham (zip 87565) real estate is 43 years old
The Rental Market in Soham (zip 87565)
- Renters make up 12.0% of the Soham (zip 87565) population
- 0.0% of houses and apartments in Soham (zip 87565), 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.