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Foreclosure Homes in Garfield, NM

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Garfield, NM Foreclosures

How much do homes sell for in Garfield, NM?
The average home price is currently $186,989.
In Garfield, NM, how many homes are available?
There are currently 244 active home listings available in Garfield.
What’s the average rental cost in Garfield, NM?
The average rental price in Garfield is $853.
What is the most expensive home in Garfield?
The most expensive home sold in Garfield had a price of $823,000.
What is currently the cheapest priced home in Garfield, NM?
The cheapest home for sale in Garfield is priced at $57,310.

Living in Garfield, NM

Garfield, NM, is a quiet, picturesque town that offers a peaceful lifestyle away from the hustle and bustle. It features close-knit community vibes, beautiful outdoor activities, and essential amenities. Ideal for families, retirees, and anyone seeking a relaxed living environment.

Current Market Conditions in Garfield, NM

The current real estate market in Garfield is stable, with modest growth in property values over the last year. Homes are typically affordable, attracting first-time buyers and those looking to downsize. The market is characterized by a variety of home styles, from quaint single-family houses to larger properties with land.

Trend analyses indicate a steady demand for housing as individuals seek affordable living spaces outside busier urban centers. This is prompting an increase in new listings and a balanced inventory that offers potential buyers a solid selection of homes.

Home Value Estimator For Garfield, NM

There are currently 63 real estate properties in Garfield, NM, with a median automated valuation model (AVM) price of $135,313.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Garfield, 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 Garfield, NM, is $186,989.00, with the most expensive house in Garfield, NM, topping out at $823,000.00 and the cheapest home in Garfield, NM, clocking in at $57,310.00. In other words, there’s something for every potential homebuyer or savvy investor in Garfield, NM!

Rent Prices In Garfield, NM

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Garfield, NM, is on a rollercoaster ride. The average rent price in Garfield, NM, is $853.00. Indeed, when looking to rent in Garfield, NM, you can expect to pay as little as $570.00 or as much as $1,380.00, with the average rent median estimated to be $810.00. The good news is that finding an affordable and desirable property to rent in Garfield, 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.

Garfield, NM Foreclosures


Market Trend for Garfield, NM

Total Listings Available: 244

Market Values:

Home Prices from $57,310 to $823,000

Average Sales Price: $186,989

Rental Values:

Rental from $570 to $1,380

Average Rent Value: $853 / month

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