Home prices
The median home price in Las Maravillas is $139,500. This is about $12,160 (8%) lower compared to the surrounding areas.It is approximately $78,000 (35%) lower in comparison to the US as a whole, and in comparison to the city of Albuquerque is roughly $58,700 (29%) lower.
Rents
The median rent in Las Maravillas is $1,135 per month. This is approximately $238 (26%) higher in comparison to nearby areas.It is about $73 (6%) higher in comparison to the entire nation, and compared to the city of Albuquerque is roughly $262 (30%) higher.
Nearby places
El Cerro Mission
El Cerro Mission is approximately 2 miles northeast of Las Maravillas. Housing prices there are substantially less expensive. The median home in El Cerro Mission costs $72,800, which comes out to $66,700 (91%) lower than Las Maravillas. Rent there is somewhat more expensive. El Cerro Mission's median rent is $1,206 per month, which comes out to $71 (5%) higher than Las Maravillas.
El Cerro
El Cerro is about 3 miles north from Las Maravillas. Its real estate prices are somewhat more expensive. The median home value in El Cerro is $185,300, which is $45,800 (24%) higher than Las Maravillas. The rent there is somewhat less expensive. The median rent in El Cerro is $938 a month, which comes out to $197 (21%) lower than Las Maravillas.
Los Chaves
Los Chaves is approximately 4 miles west of Las Maravillas. Its real estate prices are a little more expensive. The median home in Los Chaves is valued at $162,500, which works out to $23,000 (14%) higher than Las Maravillas. Its rents are a little less expensive. Los Chaves's median rent is $881 per month, which works out to $254 (28%) lower than Las Maravillas.
Valencia
Valencia is about 5 miles north of Las Maravillas. The real estate prices there are somewhat more expensive. The median home value in Valencia is $165,200, which is $25,700 (15%) higher than Las Maravillas. Rents there are substantially less expensive. Valencia's median monthly rent is $545, which comes out to $590 (108%) lower than Las Maravillas.
Sausal
Sausal is approximately 5 miles southwest of Las Maravillas. Its housing prices are a bit more expensive. The value of the median home in Sausal is $172,500, which is $33,000 (19%) higher than Las Maravillas. The rent there is a bit less expensive. Sausal's median rent is $916 a month, which works out to $219 (23%) lower than Las Maravillas.
