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Foreclosure Homes in Clovis, NM

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Clovis, NM Foreclosures

Current Market Conditions in in Clovis, NM As of February 2026?
Over the past month, Clovis has seen a moderate shift in the real estate market. The average home price has seen a slight uptick, reflecting increased interest from buyers, particularly in neighborhoods closer to the city center and near schools. Properties are staying on the market for shorter durations, and bidding wars have been reported in some desirable areas. Overall, the market remains active, showcasing a positive trend for potential sellers and investors.
How much do homes sell for in Clovis, NM?
The average home price is currently $176,241.
In Clovis, NM, how many homes are available?
There are currently 27 active home listings available in Clovis.
What’s the average rental cost in Clovis, NM?
The average rental price in Clovis is $969.
What is the most expensive home in Clovis?
The most expensive home sold in Clovis had a price of $6,535,098.
What is currently the cheapest priced home in Clovis, NM?
The cheapest home for sale in Clovis is priced at $16,853.

Living in Clovis, NM

Clovis, NM, is a friendly city with a strong community spirit and a range of amenities. It boasts a rich history, numerous parks, and educational opportunities. A perfect blend of small-town charm and modern conveniences welcomes families, military personnel, and individuals looking for a pleasant place to live.

Buyer vs Seller Market in Clovis, NM

Clovis currently has a stable real estate market with a combination of affordable and mid-range homes. The demand for housing has been consistent, largely due to the presence of Cannon Air Force Base, which attracts military personnel and their families. Homes in good condition are selling fairly quickly, often within a month of listing, indicating a healthy balance between demand and supply in the area.

In recent months, there has been a notable interest in the housing market, with some neighborhoods experiencing slight increases in property values. Many buyers are drawn to the affordable real estate options in Clovis, making it a competitive market for both new residents and investors.

Home Value Estimator For Clovis, NM

There are currently 16,804 real estate properties in Clovis, NM, with a median automated valuation model (AVM) price of $151,078.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Clovis, 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 Clovis, NM, is $176,241.00, with the most expensive house in Clovis, NM, topping out at $6,535,098.00 and the cheapest home in Clovis, NM, clocking in at $16,853.00. In other words, there’s something for every potential homebuyer or savvy investor in Clovis, NM!

Rent Prices In Clovis, NM

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Clovis, NM, is on a rollercoaster ride. The average rent price in Clovis, NM, is $969.00. Indeed, when looking to rent in Clovis, NM, you can expect to pay as little as $440.00 or as much as $2,800.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Clovis, 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.

Clovis, NM Foreclosures


Market Trend for Clovis, NM

Total Listings Available: 27

Market Values:

Home Prices from $16,853 to $6,535,098

Average Sales Price: $176,241

Rental Values:

Rental from $440 to $2,800

Average Rent Value: $969 / month

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