Metropolitan Statistical Area (MSA):

Portales, NM

Portales, NM is a Metropolitan Statistical Area (MSA) comprising counties including .

Real Estate Trends in the Portales, NM Housing Market

In the Portales, NM metropolitan statistical area, housing prices have been on the rise in recent years. The average price of a home in the Portales MSA was $131,000 in 2017, up from $124,000 in 2016. This trend is being driven by a number of factors, including population growth and an increase in the number of people moving to the area from other parts of the country.

The population of the Portales MSA grew by 1.4% between 2016 and 2017, and is projected to grow by another 1.5% between 2018 and 2019. This population growth is being driven by a number of factors, including an increase in the number of people moving to the area from other parts of the country. In addition, there has been an increase in births and a decrease in deaths in recent years. These trends are expected to continue, which will help drive up demand for housing in the area.

The number of people moving to the Portales MSA from other parts of the country has been increasing in recent years. In 2017, net migration into the Portales MSA was 1,843 people, up from 1,235 people in 2016. This trend is being driven by a number of factors, including job opportunities and an affordable cost of living. The unemployment rate in the Portales MSA was 4% in 2017, down from 5% in 2016. And while housing prices have been rising lately, they are still relatively affordable when compared to other parts of the country.

These trends are expected to continue over the next few years as more people move tothePortalesMSAin searchofopportunitiesandaffordablehousingoptions

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