Arenas Valley, NM Foreclosures
How much do homes sell for in Arenas Valley, NM?
The average home price is currently $191,807.
In Arenas Valley, NM, how many homes are available?
There are currently 17 active home listings available in Arenas Valley.
What’s the average rental cost in Arenas Valley, NM?
The average rental price in Arenas Valley is $949.
What is the most expensive home in Arenas Valley?
The most expensive home sold in Arenas Valley had a price of $1,782,500.
What is currently the cheapest priced home in Arenas Valley, NM?
The cheapest home for sale in Arenas Valley is priced at $39,078.
Living in Arenas Valley, NM
Arenas Valley, NM offers a tranquil living experience surrounded by stunning natural landscapes. Its close-knit community and proximity to outdoor activities make it a wonderful place to live. Just a short drive away from Silver City, residents enjoy a peaceful lifestyle while having access to urban conveniences.
Buyer vs Seller Market in Arenas Valley, NM
The real estate market in Arenas Valley remains stable, with a notable interest in properties among those seeking a retreat from city living. The housing inventory has been relatively lower, resulting in competitive bidding situations for desirable listings. Overall, the market is characterized by modest price growth, reflecting the appeal of rural living combined with outdoor amenities.
In recent months, the market has shown a gradual uptick in new listings, indicating a slight increase in inventory. Homebuyers are attracted to the area for its affordability compared to urban centers, and this trend is expected to continue, driving demand for both seasonal and year-round residences.
Home Value Estimator For Arenas Valley, NM
There are currently 250 real estate properties
in Arenas Valley, NM,
with a median automated valuation model (AVM) price
of $141,900.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Arenas Valley, 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 Arenas Valley, NM,
is $191,807.00, with the most expensive house
in Arenas Valley, NM, topping out
at $1,782,500.00 and the cheapest home
in Arenas Valley, NM,
clocking in at $39,078.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Arenas Valley, NM!
Rent Prices
In Arenas Valley, NM
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Arenas Valley, NM, is on
a rollercoaster ride. The
average rent price in Arenas Valley, NM,
is $949.00. Indeed, when looking to rent in
Arenas Valley, NM, you can expect to pay as little
as $570.00 or as much
as $1,670.00,
with the average rent median estimated to
be $910.00. The good news is that finding
an affordable and desirable property to rent in Arenas Valley, 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.
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