87539, La Madera, NM

Home Equity and Home Prices in La Madera, NM

The La Madera, NM zip code 87539 has a median home value of $217,000. This is significantly higher than the statewide median home value of $161,500. The average home value in the La Madera area is also much higher than the national average.

There are a number of factors that contribute to the high values in the La Madera area. First and foremost, there is a high demand for housing in this area due to its close proximity to both Albuquerque and Santa Fe. Additionally, many homeowners have invested heavily in their homes over the years and are now able to sell them for a significant premium over what they paid for them. Finally, La Madera has seen strong growth over the past few years which has led to an increase in home prices across all categories.