foreclosure.com

Rent To Own Homes in Salem, NM

Search within map
Price
Listing Type Up arrow
Property Type Up arrow
Displaying 1 - 10 of 239

Salem, NM Foreclosures

How much do homes sell for in Salem, NM?
The average home price is currently $196,491.
In Salem, NM, how many homes are available?
There are currently 239 active home listings available in Salem.
What’s the average rental cost in Salem, NM?
The average rental price in Salem is $933.
What is the most expensive home in Salem?
The most expensive home sold in Salem had a price of $904,257.
What is currently the cheapest priced home in Salem, NM?
The cheapest home for sale in Salem is priced at $26,954.

Living in Salem, NM

Salem, NM, is a charming small town that offers a tranquil rural lifestyle surrounded by natural beauty. Ideal for families and outdoor enthusiasts, it provides access to various recreational activities. The community is well-suited for those seeking peace and quiet away from urban centers.

Current Market Conditions in Salem, NM

The real estate market in Salem is currently showing steady demand, with homes appreciating in value due to the area's scenic beauty and community spirit. Many homebuyers are drawn to the rural aspects of Salem, making it a competitive market for those looking to buy.

Recent trends indicate that while the inventory of available homes has fluctuated, the attractive prices and peaceful living conditions continue to appeal to both local and out-of-state buyers.

Home Value Estimator For Salem, NM

There are currently 325 real estate properties in Salem, NM, with a median automated valuation model (AVM) price of $158,220.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Salem, 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 Salem, NM, is $196,491.00, with the most expensive house in Salem, NM, topping out at $904,257.00 and the cheapest home in Salem, NM, clocking in at $26,954.00. In other words, there’s something for every potential homebuyer or savvy investor in Salem, NM!

Rent Prices In Salem, NM

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Salem, NM, is on a rollercoaster ride. The average rent price in Salem, NM, is $933.00. Indeed, when looking to rent in Salem, NM, you can expect to pay as little as $480.00 or as much as $1,600.00, with the average rent median estimated to be $900.00. The good news is that finding an affordable and desirable property to rent in Salem, 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.

Salem, NM Rent To Own Homes

Popular Searches

Nearby Areas

Nearby Zip Codes

Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

No Thanks | Remind Me Later
Equal Housing Opportunity
Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch.com 1999-2025. All Rights Reserved.