Floyd, NM Foreclosures
Current Market Conditions in in Floyd, NM As of January 2026?
Over the past month, Floyd, NM has seen a negligible increase in home prices, continuing the trend of stable market behavior. Demand remains consistent with new buyers showing interest in rural properties primarily for use as vacation homes or investment opportunities during current economic conditions. Listings are still relatively low, reflecting a lack of inventory rather than a decline in interest.
How much do homes sell for in Floyd, NM?
The average home price is currently $208,896.
What’s the average rental cost in Floyd, NM?
The average rental price in Floyd is $840.
What is the most expensive home in Floyd?
The most expensive home sold in Floyd had a price of $2,592,443.
What is currently the cheapest priced home in Floyd, NM?
The cheapest home for sale in Floyd is priced at $53,021.
Living in Floyd, NM
Floyd, NM is a quaint village in Roosevelt County, offering a peaceful rural lifestyle surrounded by beautiful landscapes. With a small population, Floyd fosters a close-knit community atmosphere perfect for families or those seeking tranquility. Access to amenities is available in nearby towns, enhancing the village's charm.
Buyer vs Seller Market in Floyd, NM
The real estate market in Floyd, NM is currently stable, with a mix of traditional homes and land available for sale. The area tends to attract buyers looking for affordable properties and investment opportunities in rural settings. Due to its small size, resale properties may not be readily available, keeping prices relatively consistent compared to larger markets.
Recent growth trends indicate a slight increase in demand for property, driven by remote workers seeking peaceful living arrangements. The average home price remains affordable, drawing buyers interested in both year-round living and vacation homes.
Home Value Estimator For Floyd, NM
There are currently 95 real estate properties
in Floyd, NM,
with a median automated valuation model (AVM) price
of $155,286.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Floyd, 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 Floyd, NM,
is $208,896.00, with the most expensive house
in Floyd, NM, topping out
at $2,592,443.00 and the cheapest home
in Floyd, NM,
clocking in at $53,021.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Floyd, NM!
Rent Prices
In Floyd, NM
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Floyd, NM, is on
a rollercoaster ride. The
average rent price in Floyd, NM,
is $840.00. Indeed, when looking to rent in
Floyd, NM, you can expect to pay as little
as $800.00 or as much
as $880.00,
with the average rent median estimated to
be $800.00. The good news is that finding
an affordable and desirable property to rent in Floyd, 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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