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Foreclosure Homes in Deming, NM 88030

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Deming, NM Foreclosures

How much do homes sell for in Deming, NM?
The average home price is currently $154,155.
In Deming, NM, how many homes are available?
There are currently 18 active home listings available in Deming.
What’s the average rental cost in Deming, NM?
The average rental price in Deming is $917.
What is the most expensive home in Deming?
The most expensive home sold in Deming had a price of $4,863,175.
What is currently the cheapest priced home in Deming, NM?
The cheapest home for sale in Deming is priced at $14,231.

Living in Deming, NM

Deming, New Mexico is a charming town situated in Luna County, known for its rich history and friendly community atmosphere. The city boasts a sunny climate and access to a variety of outdoor activities, making it appealing for residents who enjoy nature and a relaxed lifestyle. With a low cost of living and a growing real estate market, Deming offers opportunities for both families and retirees alike.

Current Market Conditions in Deming, NM

The real estate market in Deming has been on an upward trend as more individuals look for affordable housing options in New Mexico. The market is characterized by a mix of single-family homes, modest starter homes, and larger properties that appeal to a range of buyers.

As of recent trends, more people are moving to Deming, attracted by its low housing costs and quality of life. This influx has helped stabilize prices and has led to a healthy demand for housing, although inventory remains relatively low.

Home Value Estimator For Deming, NM

There are currently 9,729 real estate properties in Deming, NM, with a median automated valuation model (AVM) price of $132,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Deming, 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 Deming, NM, is $154,155.00, with the most expensive house in Deming, NM, topping out at $4,863,175.00 and the cheapest home in Deming, NM, clocking in at $14,231.00. In other words, there’s something for every potential homebuyer or savvy investor in Deming, NM!

Rent Prices In Deming, NM

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Deming, NM, is on a rollercoaster ride. The average rent price in Deming, NM, is $917.00. Indeed, when looking to rent in Deming, NM, you can expect to pay as little as $480.00 or as much as $2,060.00, with the average rent median estimated to be $970.00. The good news is that finding an affordable and desirable property to rent in Deming, 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.

Deming, NM 88030 Foreclosures


Market Trend for Deming, NM

Total Listings Available: 18

Market Values:

Home Prices from $14,231 to $4,863,175

Average Sales Price: $154,155

Rental Values:

Rental from $480 to $2,060

Average Rent Value: $917 / month

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