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Bankruptcy Homes in Algodones, NM

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Algodones, NM Foreclosures

How much do homes sell for in Algodones, NM?
The average home price is currently $441,320.
In Algodones, NM, how many homes are available?
There are currently 117 active home listings available in Algodones.
What’s the average rental cost in Algodones, NM?
The average rental price in Algodones is $1,261.
What is the most expensive home in Algodones?
The most expensive home sold in Algodones had a price of $1,756,254.
What is currently the cheapest priced home in Algodones, NM?
The cheapest home for sale in Algodones is priced at $30,574.

Living in Algodones, NM

Algodones, NM, is a quaint village offering a peaceful lifestyle surrounded by natural beauty. With its close-knit community and access to outdoor recreation, it’s an ideal spot for those seeking tranquility away from the hustle of city life. The area's culture and history further enhance its appeal, making it a unique place to call home.

Current Market Conditions in Algodones, NM

The real estate market in Algodones, NM, shows a balanced blend of affordability and unique charm, attracting buyers looking for peaceful rural options. The demand for homes has remained steady, with various properties available that cater to different budgets and tastes.

Recent trends indicate a gradual increase in home prices as more people seek out the serene environment of Algodones. This trend is supported by the village's appeal for retirees and families looking to escape larger urban areas.

Home Value Estimator For Algodones, NM

There are currently 225 real estate properties in Algodones, NM, with a median automated valuation model (AVM) price of $386,723.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Algodones, 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 Algodones, NM, is $441,320.00, with the most expensive house in Algodones, NM, topping out at $1,756,254.00 and the cheapest home in Algodones, NM, clocking in at $30,574.00. In other words, there’s something for every potential homebuyer or savvy investor in Algodones, NM!

Rent Prices In Algodones, NM

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Algodones, NM, is on a rollercoaster ride. The average rent price in Algodones, NM, is $1,261.00. Indeed, when looking to rent in Algodones, NM, you can expect to pay as little as $460.00 or as much as $3,010.00, with the average rent median estimated to be $1,220.00. The good news is that finding an affordable and desirable property to rent in Algodones, 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.

Algodones, NM Bankruptcy Homes

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