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Foreclosure Homes in Cannon Afb, NM

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Cannon Afb, NM Foreclosures

How much do homes sell for in Cannon Afb, NM?
The average home price is currently $109,975.
In Cannon Afb, NM, how many homes are available?
There are currently 30 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 $27,360.

Living in Cannon Afb, NM

Cannon AFB, NM, offers a unique living experience characterized by its military presence and strong community spirit. With access to numerous outdoor activities and well-developed amenities, residents enjoy a high quality of life. Education and recreational opportunities for families further enhance the attractiveness of this location.

Current Market Conditions in Cannon Afb, NM

The real estate market in Cannon AFB is currently experiencing a steady demand for rental properties due to the military presence, creating opportunities for investors. With a mix of single-family homes and multi-family units, the market caters to various income levels and family sizes.

Property values have remained stable, with moderate appreciation experienced over recent years. Investing in this area is considered relatively safe due to the continuous influx of military personnel and their families seeking housing.

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 $71,376.00. 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 $109,975.00, 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 $27,360.00. 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.

Cannon Afb, NM Foreclosures


Market Trend for Cannon Afb, NM

Total Listings Available: 30

Market Values:

Home Prices from $27,360 to $2,535,863

Average Sales Price: $109,975

Rental Values:

Rental from $630 to $1,360

Average Rent Value: $881 / month

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