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Condo Foreclosures in Cloudcroft, NM

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Cloudcroft, NM Foreclosures

How much do homes sell for in Cloudcroft, NM?
The average home price is currently $285,437.
What’s the average rental cost in Cloudcroft, NM?
The average rental price in Cloudcroft is $986.
What is the most expensive home in Cloudcroft?
The most expensive home sold in Cloudcroft had a price of $2,590,244.
What is currently the cheapest priced home in Cloudcroft, NM?
The cheapest home for sale in Cloudcroft is priced at $10,161.

Living in Cloudcroft, NM

Cloudcroft, NM is a charming mountain village known for its stunning natural beauty and outdoor recreational activities. Located within the Lincoln National Forest, it provides a peaceful environment perfect for nature enthusiasts. Residents enjoy a small-town feel with access to local amenities and seasonal events.

Current Market Conditions in Cloudcroft, NM

The real estate market in Cloudcroft continues to show resilience with a steady demand for homes. The unique nature of this mountain village attracts both full-time residents and seasonal visitors, providing a diverse buyer pool. Numerous homes for sale cater to various budgets and preferences, making it an appealing area for potential investors and homebuyers alike.

Investments in vacation rentals and second homes have surged, notably due to the region's scenic beauty and recreational opportunities. Seasonal spikes in tourism help to sustain the local market, particularly in summer and winter.

Home Value Estimator For Cloudcroft, NM

There are currently 2,497 real estate properties in Cloudcroft, NM, with a median automated valuation model (AVM) price of $255,587.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cloudcroft, 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 Cloudcroft, NM, is $285,437.00, with the most expensive house in Cloudcroft, NM, topping out at $2,590,244.00 and the cheapest home in Cloudcroft, NM, clocking in at $10,161.00. In other words, there’s something for every potential homebuyer or savvy investor in Cloudcroft, NM!

Rent Prices In Cloudcroft, NM

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cloudcroft, NM, is on a rollercoaster ride. The average rent price in Cloudcroft, NM, is $986.00. Indeed, when looking to rent in Cloudcroft, NM, you can expect to pay as little as $480.00 or as much as $2,540.00, with the average rent median estimated to be $920.00. The good news is that finding an affordable and desirable property to rent in Cloudcroft, 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.

Cloudcroft, NM Condos


Market Trend for Cloudcroft, NM

Total Listings Available: 0

Market Values:

Home Prices from $10,161 to $2,590,244

Average Sales Price: $285,437

Rental Values:

Rental from $480 to $2,540

Average Rent Value: $986 / month

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