Grady, NM Foreclosures
How much do homes sell for in Grady, NM?
The average home price is currently $137,065.
In Grady, NM, how many homes are available?
There are currently 1 active home listings available in Grady.
What’s the average rental cost in Grady, NM?
The average rental price in Grady is $911.
What is the most expensive home in Grady?
The most expensive home sold in Grady had a price of $670,319.
What is currently the cheapest priced home in Grady, NM?
The cheapest home for sale in Grady is priced at $37,272.
Living in Grady, NM
Nestled in the heart of eastern New Mexico, Grady is a charming village offering a serene lifestyle amidst stunning natural surroundings. Known for its small-town appeal, residents enjoy a close-knit community with access to outdoor recreational activities, local amenities, and a focused education system. With its peaceful atmosphere and friendly locals, Grady is an ideal place to call home.
Current Market Conditions in Grady, NM
The real estate market in Grady is currently stable, with a mix of traditional family homes and larger plots of land available for purchase. Home prices have been relatively consistent, with a slight uptick observed in the last quarter due to increasing interest in rural living. Buyers looking for spacious properties away from city centers find Grady particularly attractive, contributing to a gradual demand increase.
There has been a notable trend in year-over-year sales growth, driven by individuals and families drawn to the charm and affordability of rural New Mexico. As more people are working remotely, there’s been a decline in strict requirements for proximity to larger cities, bolstering interest in Grady as a viable residential option.
Home Value Estimator For Grady, NM
There are currently 143 real estate properties
in Grady, NM,
with a median automated valuation model (AVM) price
of $105,519.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Grady, 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 Grady, NM,
is $137,065.00, with the most expensive house
in Grady, NM, topping out
at $670,319.00 and the cheapest home
in Grady, NM,
clocking in at $37,272.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Grady, NM!
Rent Prices
In Grady, NM
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Grady, NM, is on
a rollercoaster ride. The
average rent price in Grady, NM,
is $911.00. Indeed, when looking to rent in
Grady, NM, you can expect to pay as little
as $580.00 or as much
as $1,680.00,
with the average rent median estimated to
be $890.00. The good news is that finding
an affordable and desirable property to rent in Grady, 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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