Gila, NM Foreclosures
How much do homes sell for in Gila, NM?
The average home price is currently $219,829.
What’s the average rental cost in Gila, NM?
The average rental price in Gila is $1,060.
What is the most expensive home in Gila?
The most expensive home sold in Gila had a price of $756,813.
What is currently the cheapest priced home in Gila, NM?
The cheapest home for sale in Gila is priced at $47,929.
Living in Gila, NM
Gila, NM is a quiet and picturesque community known for its stunning natural landscapes and outdoor recreational opportunities. Nestled near the Gila National Forest, it offers a rustic lifestyle with access to numerous outdoor activities such as hiking and fishing. Just a short drive from Silver City, Gila provides a peaceful retreat amidst the beauty of New Mexico's wilderness.
Current Market Conditions in Gila, NM
The real estate market in Gila is relatively stable, with property values experiencing slight fluctuations over the past year. As a primarily rural area, homes are often sought after by those looking to escape urban environments, leading to steady interest in available listings, particularly among retirees and outdoor enthusiasts.
Recent trends show an increase in remote workers seeking homes in scenic areas like Gila, contributing to higher demand for residential properties. However, the market remains affordable; many homes are priced below the state average, presenting opportunities for investment and homeownership.
Home Value Estimator For Gila, NM
There are currently 110 real estate properties
in Gila, NM,
with a median automated valuation model (AVM) price
of $187,529.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Gila, 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 Gila, NM,
is $219,829.00, with the most expensive house
in Gila, NM, topping out
at $756,813.00 and the cheapest home
in Gila, NM,
clocking in at $47,929.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Gila, NM!
Rent Prices
In Gila, NM
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Gila, NM, is on
a rollercoaster ride. The
average rent price in Gila, NM,
is $1,060.00. Indeed, when looking to rent in
Gila, NM, you can expect to pay as little
as $950.00 or as much
as $1,170.00,
with the average rent median estimated to
be $950.00. The good news is that finding
an affordable and desirable property to rent in Gila, 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
