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Condo Foreclosures in Artesia, NM

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Artesia, NM Foreclosures

How much do homes sell for in Artesia, NM?
The average home price is currently $221,350.
What’s the average rental cost in Artesia, NM?
The average rental price in Artesia is $1,262.
What is the most expensive home in Artesia?
The most expensive home sold in Artesia had a price of $10,887,807.
What is currently the cheapest priced home in Artesia, NM?
The cheapest home for sale in Artesia is priced at $17,798.

Living in Artesia, NM

Artesia, NM, is a charming city known for its artistic spirit and strong community values. Nestled in Eddy County, it offers residents a small-town feel with access to a variety of amenities, parks, and cultural events. Education is highly valued here, making it a great place for families.

Current Market Conditions in Artesia, NM

The real estate market in Artesia is currently experiencing a moderate increase in property values, reflecting a growing interest in the area. With diverse housing options and attracting buyers from various backgrounds, Artesia's market is becoming more competitive, particularly for single-family homes.

New developments and renovations are on the rise, indicating a trend toward revitalization in some neighborhoods. As the local economy grows and more amenities are introduced, demand for homes is likely to increase, making it a key area for potential investment.

Home Value Estimator For Artesia, NM

There are currently 6,722 real estate properties in Artesia, NM, with a median automated valuation model (AVM) price of $190,160.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Artesia, 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 Artesia, NM, is $221,350.00, with the most expensive house in Artesia, NM, topping out at $10,887,807.00 and the cheapest home in Artesia, NM, clocking in at $17,798.00. In other words, there’s something for every potential homebuyer or savvy investor in Artesia, NM!

Rent Prices In Artesia, NM

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Artesia, NM, is on a rollercoaster ride. The average rent price in Artesia, NM, is $1,262.00. Indeed, when looking to rent in Artesia, NM, you can expect to pay as little as $580.00 or as much as $2,360.00, 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 Artesia, 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.

Artesia, NM Condos


Market Trend for Artesia, NM

Total Listings Available: 0

Market Values:

Home Prices from $17,798 to $10,887,807

Average Sales Price: $221,350

Rental Values:

Rental from $580 to $2,360

Average Rent Value: $1,262 / month

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