87068, Bosque Farms, NM

Home Equity and Home Prices in Bosque Farms, NM

The Bosque Farms zip code 87068 has a median home equity of $143,000 and a median home price of $269,000. These values are both above the national median home equity of $128,500 and median home price of $225,000. Bosque Farms is one of the more expensive zip codes in New Mexico with a higher than average value for homes.

There are several factors that contribute to the high values in this area. First, Bosque Farms is located in an affluent part of the state. The population here is well-educated and wealthy, which means there is a high demand for homes. Second, many homes in Bosque Farms are large and luxurious - perfect for buyers who want to live in a comfortable environment with plenty of space. Finally, there is strong demand for single-family homes in Bosque Farms because they offer privacy and security - two valuable commodities in today's society.