87901, Truth Or Consequences, NM

Truth or Consequences, NM is a small town located in the southern part of the state. The population is just over 10,000 people and the median household income is just under $50,000. Home prices in Truth or Consequences have been on the rise for quite some time now and they are currently at an all-time high. In fact, according to Zillow, the home equity in 87901 is worth more than $200,000!

There are a few reasons why home prices in Truth or Consequences have been so high lately. First of all, there has been a lot of growth in the area overall. Second, there are a lot of wealthy people living in 87901 who are willing to pay top dollar for property. And finally, there is no shortage of homes for sale in this area - which means that buyers have plenty of choice when it comes to picking their new home.

Despite all these positive factors, there are also some potential risks associated with buying property in 87901 right now. For example, if interest rates go up then home values could start to decline quickly. And finally, although it's unlikely (but possible), another housing market crash could occur which would cause even more homeowners to lose money on their investments. Overall though, it seems safe to say that home prices in Truth or Consequences are going to continue rising for at least another year or two!