Regina, NM Foreclosures
How much do homes sell for in Regina, NM?
The average home price is currently $181,188.
In Regina, NM, how many homes are available?
There are currently 107 active home listings available in Regina.
What’s the average rental cost in Regina, NM?
The average rental price in Regina is $1,107.
What is the most expensive home in Regina?
The most expensive home sold in Regina had a price of $726,483.
What is currently the cheapest priced home in Regina, NM?
The cheapest home for sale in Regina is priced at $26,000.
Living in Regina, NM
Regina, NM is a quaint community known for its stunning natural beauty and outdoor recreational opportunities. It offers a peaceful lifestyle and a strong sense of community, making it an attractive destination for both residents and visitors. The area boasts beautiful landscapes and a range of activities for nature enthusiasts.
Current Market Conditions in Regina, NM
The real estate market in Regina, NM, has remained relatively stable, with a modest increase in demand for homes over the past year. The affordability of housing in this scenic area continues to attract buyers looking for a peaceful lifestyle surrounded by nature. With a limited inventory of homes, buyers are finding that properties are selling quickly, often leading to competitive bidding situations, especially for well-maintained homes.
As of now, Regina offers a buyer's market where homes are typically available at lower prices compared to the national average. However, with increasing interest, particularly from those relocating for work-from-home opportunities, there may be a shift towards a more balanced market in the coming months.
Home Value Estimator For Regina, NM
There are currently 59 real estate properties
in Regina, NM,
with a median automated valuation model (AVM) price
of $140,200.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Regina, NM, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Regina, NM,
is $181,188.00, with the most expensive house
in Regina, NM, topping out
at $726,483.00 and the cheapest home
in Regina, NM,
clocking in at $26,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Regina, NM!
Rent Prices
In Regina, NM
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Regina, NM, is on
a rollercoaster ride. The
average rent price in Regina, NM,
is $1,107.00. Indeed, when looking to rent in
Regina, NM, you can expect to pay as little
as $710.00 or as much
as $1,680.00,
with the average rent median estimated to
be $1,070.00. The good news is that finding
an affordable and desirable property to rent in Regina, NM
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
