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Foreclosure Homes in Grants, NM

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Grants, NM Foreclosures

How much do homes sell for in Grants, NM?
The average home price is currently $148,267.
In Grants, NM, how many homes are available?
There are currently 4 active home listings available in Grants.
What’s the average rental cost in Grants, NM?
The average rental price in Grants is $855.
What is the most expensive home in Grants?
The most expensive home sold in Grants had a price of $1,379,167.
What is currently the cheapest priced home in Grants, NM?
The cheapest home for sale in Grants is priced at $11,198.

Living in Grants, NM

Grants, NM, is a small city with a warm community spirit and abundant outdoor recreation. Nestled near El Malpais National Monument, it offers stunning landscapes and access to various outdoor activities. With affordable housing and essential amenities, it's a fantastic place for families and individuals seeking a quiet lifestyle.

Current Market Conditions in Grants, NM

The real estate market in Grants, NM, has shown signs of stability over the past year. Home prices have remained relatively affordable compared to larger urban areas, making it an attractive location for first-time buyers and investors. The inventory of available homes has varied, but properties typically spend less time on the market due to the renewed interest in the area and its appealing lifestyle options.

Rural and semi-rural locations like Grants often attract buyers looking for a change of pace from the fast-moving urban markets. With affordable housing and a range of outdoor activities, the area's appeal continues to grow among remote workers and those seeking a slower lifestyle. The market is experiencing a slight increase in home values, although it remains accessible for buyers.

Home Value Estimator For Grants, NM

There are currently 3,298 real estate properties in Grants, NM, with a median automated valuation model (AVM) price of $131,919.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Grants, 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 Grants, NM, is $148,267.00, with the most expensive house in Grants, NM, topping out at $1,379,167.00 and the cheapest home in Grants, NM, clocking in at $11,198.00. In other words, there’s something for every potential homebuyer or savvy investor in Grants, NM!

Rent Prices In Grants, NM

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Grants, NM, is on a rollercoaster ride. The average rent price in Grants, NM, is $855.00. Indeed, when looking to rent in Grants, NM, you can expect to pay as little as $440.00 or as much as $2,040.00, with the average rent median estimated to be $810.00. The good news is that finding an affordable and desirable property to rent in Grants, 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.

Grants, NM Foreclosures


Market Trend for Grants, NM

Total Listings Available: 4

Market Values:

Home Prices from $11,198 to $1,379,167

Average Sales Price: $148,267

Rental Values:

Rental from $440 to $2,040

Average Rent Value: $855 / month

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