Berino, NM Foreclosures
How much do homes sell for in Berino, NM?
The average home price is currently $191,657.
In Berino, NM, how many homes are available?
There are currently 1 active home listings available in Berino.
What’s the average rental cost in Berino, NM?
The average rental price in Berino is $958.
What is the most expensive home in Berino?
The most expensive home sold in Berino had a price of $430,600.
What is currently the cheapest priced home in Berino, NM?
The cheapest home for sale in Berino is priced at $21,873.
Living in Berino, NM
Berino, NM is a quaint rural community that offers a peaceful lifestyle surrounded by natural beauty. Residents enjoy outdoor activities and a sense of community, making it a great place to live for families and retirees alike. Located near larger towns, Berino balances rural charm with convenient access to urban amenities.
Current Market Conditions in Berino, NM
Berino's real estate market has shown a stable trend with moderate price fluctuations over the past few years. The demand for homes in rural areas has increased as people seek more space and a quieter lifestyle. However, inventory levels remain low, keeping prices relatively steady despite growing interest.
Currently, it is a seller's market in Berino, characterized by low inventory and increasing buyer demand. Homes that are well-maintained and in desirable locations tend to sell quickly. As more people look to escape urban living, Berino is becoming an attractive option for new homeowners.
Home Value Estimator For Berino, NM
There are currently 128 real estate properties
in Berino, NM,
with a median automated valuation model (AVM) price
of $207,380.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Berino, 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 Berino, NM,
is $191,657.00, with the most expensive house
in Berino, NM, topping out
at $430,600.00 and the cheapest home
in Berino, NM,
clocking in at $21,873.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Berino, NM!
Rent Prices
In Berino, NM
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Berino, NM, is on
a rollercoaster ride. The
average rent price in Berino, NM,
is $958.00. Indeed, when looking to rent in
Berino, NM, you can expect to pay as little
as $810.00 or as much
as $1,140.00,
with the average rent median estimated to
be $960.00. The good news is that finding
an affordable and desirable property to rent in Berino, 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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