Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 1,395, 272 total housing units (homes and apartments), and a median house value of $218,358, house prices in McIntosh are solidly below the national average.
McIntosh is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in McIntosh than is found in 98% of the communities in America.
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in McIntosh. Owner-occupied housing accounts for 100.00% of McIntosh's homes, and 82.44% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in McIntosh built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in McIntosh built before 1939 ( 10.12%). A lesser amount of the housing stock also hails from between 1940-1969 ( 2.98%).
Vacant housing appears to be an issue in McIntosh. Fully 19.05% of the housing stock is classified as vacant. Left unchecked, vacant McIntosh homes and apartments can be a drag on the real estate market, holding McIntosh real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
In the last 10 years, McIntosh has experienced some of the highest home appreciation rates of any community in the nation. McIntosh real estate appreciated 111.35% over the last ten years, which is an average annual home appreciation rate of 7.77%, putting McIntosh in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, McIntosh definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in McIntosh that despite a nationwide downturn in the housing market, McIntosh real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, McIntosh appreciation rates continue to be some of the highest in America, at 8.26%, which is higher than appreciation rates in 87.87% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in McIntosh. McIntosh appreciation rates in the latest quarter were at 0.76%, which equates to an annual appreciation rate of 3.06%.
Relative to New Mexico, our data show that McIntosh's latest annual appreciation rate is higher than 80% of the other cities and towns in New Mexico.
$218,358
for New mexico
for nation
272
$1,101 / per month