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Foreclosure Homes in Clovis, NM

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Clovis, NM Foreclosures

How much do homes sell for in Clovis, NM?
The average home price is currently $171,454.
In Clovis, NM, how many homes are available?
There are currently 30 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 $8,544,371.
What is currently the cheapest priced home in Clovis, NM?
The cheapest home for sale in Clovis is priced at $16,346.

Living in Clovis, NM

Clovis, NM, is a friendly city known for its warm climate and small-town charm. With a strong sense of community and access to various educational and recreational amenities, it's a great place for families and young professionals. The city's outdoor spaces and growing dining scene make it an attractive choice for living and investing.

Current Market Conditions in Clovis, NM

The Clovis real estate market is currently experiencing a steady increase in demand due to its affordability compared to surrounding regions. Properties are moving quickly, and buyers are showing interest in both historical homes and new developments. With the local economy bolstering housing demand, investing in real estate here is becoming increasingly appealing.

In recent months, Clovis has seen a variety of homes entering the market, with a focus on single-family residences that are popular among first-time homebuyers. Tighter inventory conditions have contributed to rising home prices, making now an excellent time to invest before the expected further increase in value.

Home Value Estimator For Clovis, NM

There are currently 16,241 real estate properties in Clovis, NM, with a median automated valuation model (AVM) price of $143,434.00. 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 $171,454.00, with the most expensive house in Clovis, NM, topping out at $8,544,371.00 and the cheapest home in Clovis, NM, clocking in at $16,346.00. 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: 30

Market Values:

Home Prices from $16,346 to $8,544,371

Average Sales Price: $171,454

Rental Values:

Rental from $440 to $2,800

Average Rent Value: $969 / month

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