Bayard, NM Foreclosures
How much do homes sell for in Bayard, NM?
The average home price is currently $100,561.
In Bayard, NM, how many homes are available?
There are currently 1 active home listings available in Bayard.
What’s the average rental cost in Bayard, NM?
The average rental price in Bayard is $854.
What is the most expensive home in Bayard?
The most expensive home sold in Bayard had a price of $1,438,273.
What is currently the cheapest priced home in Bayard, NM?
The cheapest home for sale in Bayard is priced at $29,151.
Living in Bayard, NM
Bayard, NM, is a quaint town nestled in the Mimbres Valley, known for its rich history and strong community ties. With access to stunning outdoor recreational areas, it offers residents a peaceful lifestyle complemented by affordable living. The town is an ideal place for families and retirees alike, with local amenities and a welcoming atmosphere.
Current Market Conditions in Bayard, NM
The real estate market in Bayard, NM, has been relatively stable, with a healthy balance of available properties and demand. The average home price has seen a slow yet steady increase over the past year, reflecting the growing interest in small-town living amidst beautiful natural surroundings. Investors are finding opportunities in both single-family homes and historical properties, attracting a diverse range of buyers.
Currently, the market is favorable for buyers as interest rates remain low, and the inventory level has increased, allowing for more choices. The appeal of Bayard's lifestyle, along with its affordability compared to nearby larger towns, keeps demand consistent.
Home Value Estimator For Bayard, NM
There are currently 852 real estate properties
in Bayard, NM,
with a median automated valuation model (AVM) price
of $82,507.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Bayard, 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 Bayard, NM,
is $100,561.00, with the most expensive house
in Bayard, NM, topping out
at $1,438,273.00 and the cheapest home
in Bayard, NM,
clocking in at $29,151.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Bayard, NM!
Rent Prices
In Bayard, NM
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Bayard, NM, is on
a rollercoaster ride. The
average rent price in Bayard, NM,
is $854.00. Indeed, when looking to rent in
Bayard, NM, you can expect to pay as little
as $480.00 or as much
as $1,800.00,
with the average rent median estimated to
be $850.00. The good news is that finding
an affordable and desirable property to rent in Bayard, 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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