87006, Bosque, NM

Home Equity and Home Prices in the Bosque, NM 87006 Zip Code

The Bosque, NM 87006 zip code has a median home value of $146,000. This is lower than the national median home value of $177,500. The Bosque, NM 87006 zip code also has a lower than average homeownership rate of 63%. This means that there are more homes for sale than there are homeowners.

One reason that the Bosque, NM 87006 zip code may have a lower home value is that it is located in an area with low population density. There are only 2,906 people living in the Bosque, NM 87006 zip code which means that there is not enough demand for homes. Additionally, many of the homes in the Bosque, NM 87006 zip code are older and may not be in good condition. This could lead to decreased home values if buyers can't find any comparable properties nearby.