Trend of Rental Yield in Luna County, New Mexico

Gavop is a real estate, housing & local data & analytics service. We get data from public sources such as the census bureau & private databases. Our data can be used by real estate and organizations to get further insights into local market dynamics. We analyzed rental yield trends from 2009 and 2015 for all counties in the U.S. Rental yields are impacted by factors such as home location, home facilities, employment opportunities, strata levies, and council rates

The key elements in the research are

  1. Median Gross Rent
  2. Median Home Value

 

Our key findings

CountyLuna County
Population 201524,789
Population 200926,724
Population % change-7.2
Population change rank compared to US3,029
Population change rank compared to New Mexico31
Median Gross Rent 2015551
Median Gross Rent 2009474
Median Gross Rent % change16.2
Median Gross Rent change rank compared to US1,313
Median Gross Rent change rank compared to New Mexico16
Home Value 201581,900
Home Value 200985,100
Home Value % change-3.8
Home Value change rank compared to US2,524
Home Value change rank compared to New Mexico29
Rental Yield 20158.1
Rental Yield 20096.7
Rental Yield % change20.8
Rental Yield change rank compared to US623
Rental Yield change rank compared to New Mexico6