Flora Vista, NM Foreclosures
How much do homes sell for in Flora Vista, NM?
The average home price is currently $256,277.
What’s the average rental cost in Flora Vista, NM?
The average rental price in Flora Vista is $1,111.
What is the most expensive home in Flora Vista?
The most expensive home sold in Flora Vista had a price of $1,549,500.
What is currently the cheapest priced home in Flora Vista, NM?
The cheapest home for sale in Flora Vista is priced at $31,325.
Living in Flora Vista, NM
Flora Vista, NM, is a serene community located near Farmington, offering picturesque desert landscapes and abundant outdoor activities. The town features a friendly atmosphere and access to quality schools while being close to urban conveniences. A perfect blend of tranquility and connectivity makes it an attractive option for families and outdoor enthusiasts.
Current Market Conditions in Flora Vista, NM
The real estate market in Flora Vista has remained stable over the past few years, with a steady increase in home values as demand for properties in the area continues to grow. The serene environment and proximity to Farmington have attracted buyers looking for spacious lots and a quieter lifestyle, resulting in a moderate increase in transactions. Overall, the community remains an attractive option for first-time homebuyers and those looking to downsize.
In recent months, Flora Vista has seen a surge in interest due to its competitive pricing compared to nearby areas. As the market adapts to increasing demand, buyers are encouraged to act quickly, as homes are not staying on the market long. This trend is likely to persist as more people recognize the charm and lifestyle benefits of living in this quiet yet connected community.
Home Value Estimator For Flora Vista, NM
There are currently 974 real estate properties
in Flora Vista, NM,
with a median automated valuation model (AVM) price
of $221,846.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Flora Vista, 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 Flora Vista, NM,
is $256,277.00, with the most expensive house
in Flora Vista, NM, topping out
at $1,549,500.00 and the cheapest home
in Flora Vista, NM,
clocking in at $31,325.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Flora Vista, NM!
Rent Prices
In Flora Vista, NM
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Flora Vista, NM, is on
a rollercoaster ride. The
average rent price in Flora Vista, NM,
is $1,111.00. Indeed, when looking to rent in
Flora Vista, NM, you can expect to pay as little
as $600.00 or as much
as $2,280.00,
with the average rent median estimated to
be $1,080.00. The good news is that finding
an affordable and desirable property to rent in Flora Vista, 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.
Learn more on Foreclosure homes
