Zuni Pueblo, NM
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Zuni Pueblo, NM Real Estate Data


Zuni Pueblo Housing Market Information

With a population of 6,535, 1,524 total housing units (homes and apartments), and a median house value of $65,428, house prices in Zuni Pueblo are some of the most affordable in New Mexico as well as the nation.

Single-family detached homes are the single most common housing type in Zuni Pueblo, accounting for 58.95% of the town's housing units. Other types of housing that are prevalent in Zuni Pueblo include mobile homes or trailers ( 26.22%), row houses and other attached homes ( 11.78%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.55%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Zuni Pueblo. Owner-occupied housing accounts for 94.20% of Zuni Pueblo's homes, and 66.93% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Zuni Pueblo built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Zuni Pueblo built between 1940-1969 ( 22.54%). A lesser amount of the housing stock also hails from between 2000 and later ( 8.72%). There's also some housing in Zuni Pueblo built before 1939 ( 7.64%).

Vacant housing appears to be an issue in Zuni Pueblo. Fully 13.70% of the housing stock is classified as vacant. Left unchecked, vacant Zuni Pueblo homes and apartments can be a drag on the real estate market, holding Zuni Pueblo real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Zuni Pueblo Home Appreciation Rates

Zuni Pueblo's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Zuni Pueblo during the period has been just -0.73%, which is lower than 70% of US communities.

Over the last year, Zuni Pueblo appreciation rates have trailed the rest of the nation. In the last twelve months, Zuni Pueblo's appreciation rate has been 3.13%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Zuni Pueblo were at 1.69%, which equates to an annual appreciation rate of 6.93%.

Relative to New Mexico, our data show that Zuni Pueblo's latest annual appreciation rate is lower than 50% of the other cities and towns in New Mexico.

Average Home Values

 

Median Home Value:
$65,428

Zuni Pueblo, NM HOME PRICES

Value Range
> $1,030,000 0.0
$773,001 - $1,030,000 0.0
$515,001 - $773,000 0.0
$412,001 - $515,000 0.0
$309,001 - $412,000 0.0
$206,001 - $309,000 6.7
$103,001 - $206,000 20.4
$51,001 - $103,000 29.8
$0 - $51,000 43.1

Very Low for NM
Very Low for Nation

Value Relative to Nation Value Relative to State
97.042806113486 95.6896551724138

Number Of Homes And Apartments:
1,524

Rent & Ownership

 

Average Market Rent:
$444 / per month

Homeownership Rate

Homeownership
Owners 94.20
Renters 5.80
Vacant 13.70

Housing Market Details

 

Age of Homes

AGE OF Zuni Pueblo HOMES
2000 or Newer 8.7
1970 - 1999 61.1
1940 - 1969 22.5
1939 or Older 7.6

Types of Homes

TYPE OF Zuni Pueblo HOMES
Single-Family 58.9
Townhomes 11.8
Small Apt. Buildings 2.5
Apt. Complexes 0.5
Mobile Homes 26.2
Other 0.0

Home Size

SIZE OF Zuni Pueblo HOMES
No Bedroom 1.93
1 Bedroom 1.59
2 Bedrooms 18.12
3 Bedrooms 36.13
4 Bedrooms 30.80
5 or more bedrooms 11.44

Zuni Pueblo Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NM*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
28.58% 1.49% 2 3
* 10 is highest

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Zip Codes in Zuni Pueblo, NM