Des Moines, NM Foreclosures
How much do homes sell for in Des Moines, NM?
The average home price is currently $146,166.
What’s the average rental cost in Des Moines, NM?
The average rental price in Des Moines is $935.
What is the most expensive home in Des Moines?
The most expensive home sold in Des Moines had a price of $880,400.
What is currently the cheapest priced home in Des Moines, NM?
The cheapest home for sale in Des Moines is priced at $43,545.
Living in Des Moines, NM
Des Moines, NM is a charming small town known for its friendly community and scenic surroundings. This serene locale offers a variety of outdoor activities and a peaceful lifestyle, making it appealing for families and retirees alike. With basic amenities in town, it’s perfect for those who prefer a quieter way of life while still having access to larger urban areas nearby.
Current Market Conditions in Des Moines, NM
The real estate market in Des Moines is relatively stable, with a modest inventory of homes available for sale. Buyers can still find affordable housing options, which is attractive to first-time homebuyers and those seeking a quiet retreat. Property values have shown modest growth over the last year as more people discover the charm of this small community.
Currently, there is a slight increase in demand for homes in Des Moines, particularly as remote work continues to drive interest in less urban environments. The affordability compared to larger cities is also encouraging potential buyers to consider making their home in this picturesque locale.
Home Value Estimator For Des Moines, NM
There are currently 75 real estate properties
in Des Moines, NM,
with a median automated valuation model (AVM) price
of $99,981.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Des Moines, 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 Des Moines, NM,
is $146,166.00, with the most expensive house
in Des Moines, NM, topping out
at $880,400.00 and the cheapest home
in Des Moines, NM,
clocking in at $43,545.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Des Moines, NM!
Rent Prices
In Des Moines, NM
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Des Moines, NM, is on
a rollercoaster ride. The
average rent price in Des Moines, NM,
is $935.00. Indeed, when looking to rent in
Des Moines, NM, you can expect to pay as little
as $810.00 or as much
as $1,850.00,
with the average rent median estimated to
be $890.00. The good news is that finding
an affordable and desirable property to rent in Des Moines, 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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