Cannon Afb, NM Foreclosures
How much do homes sell for in Cannon Afb, NM?
The average home price is currently $106,648.
In Cannon Afb, NM, how many homes are available?
There are currently 33 active home listings available in Cannon Afb.
What’s the average rental cost in Cannon Afb, NM?
The average rental price in Cannon Afb is $881.
What is the most expensive home in Cannon Afb?
The most expensive home sold in Cannon Afb had a price of $2,535,863.
What is currently the cheapest priced home in Cannon Afb, NM?
The cheapest home for sale in Cannon Afb is priced at $26,584.
Living in Cannon Afb, NM
Cannon Air Force Base (AFB) is situated in eastern New Mexico, near the city of Clovis. Known for its modern facilities, it serves as a vital hub for military operations. The area offers a relaxed lifestyle with a small-town feel, abundant outdoor activities, and proximity to larger cities.
Current Market Conditions in Cannon Afb, NM
The real estate market near Cannon AFB has been steadily growing, driven largely by the demand for housing from military personnel and their families. With continued military investment in the base, the area is expected to see ongoing improvements in housing availability and local amenities.
Furthermore, as a popular area for veterans and military families, properties tend to maintain their value well, making this a sound investment opportunity. The average home sale prices have seen an increase, reflecting a strong market demand.
New developments are emerging in Clovis and the surrounding areas, suggesting that the region will continue attracting newcomers looking for affordable housing options without compromising on quality of life.
Home Value Estimator For Cannon Afb, NM
There are currently 525 real estate properties
in Cannon Afb, NM,
with a median automated valuation model (AVM) price
of $67,436.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cannon Afb, 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 Cannon Afb, NM,
is $106,648.00, with the most expensive house
in Cannon Afb, NM, topping out
at $2,535,863.00 and the cheapest home
in Cannon Afb, NM,
clocking in at $26,584.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cannon Afb, NM!
Rent Prices
In Cannon Afb, NM
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cannon Afb, NM, is on
a rollercoaster ride. The
average rent price in Cannon Afb, NM,
is $881.00. Indeed, when looking to rent in
Cannon Afb, NM, you can expect to pay as little
as $630.00 or as much
as $1,360.00,
with the average rent median estimated to
be $830.00. The good news is that finding
an affordable and desirable property to rent in Cannon Afb, 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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