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Fixer Upper Homes in Clovis, NM

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Living in Clovis, NM

CLOVIS, NM offers a unique blend of cultural heritage, modern amenities, and a strong sense of community. The city's parks and recreational activities provide ample opportunities for outdoor living. With a thriving economy and affordable housing, it is a great market for real estate investment.

Current Market Conditions in Clovis, NM

Clovis' real estate market is currently experiencing steady growth backed by increasing job opportunities and affordable housing options. The demand for homes remains strong, making it a viable market for investors looking to engage in buy-and-hold or rental strategies.

With prices remaining comparatively low against neighboring areas, Clovis provides a favorable environment for first-time investors as well as seasoned ones seeking to diversify their portfolios. The market trends indicate a promising potential for appreciation in property values.

Home Value Estimator For Clovis, NM

There are currently 16,245 real estate properties in Clovis, NM, with a median automated valuation model (AVM) price of $144,426.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Clovis, 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 Clovis, NM, is $171,731.00, with the most expensive house in Clovis, NM, topping out at $8,437,144.00 and the cheapest home in Clovis, NM, clocking in at $19,600.00. In other words, there’s something for every potential homebuyer or savvy investor in Clovis, NM!

Rent Prices In Clovis, NM

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Clovis, NM, is on a rollercoaster ride. The average rent price in Clovis, NM, is $969.00. Indeed, when looking to rent in Clovis, NM, you can expect to pay as little as $440.00 or as much as $2,800.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Clovis, 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.

Clovis, NM Fixer Upper Homes


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