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Cheap Homes in Hagerman, NM

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Hagerman, NM Foreclosures

How much do homes sell for in Hagerman, NM?
The average home price is currently $132,553.
In Hagerman, NM, how many homes are available?
There are currently 2 active home listings available in Hagerman.
What’s the average rental cost in Hagerman, NM?
The average rental price in Hagerman is $993.
What is the most expensive home in Hagerman?
The most expensive home sold in Hagerman had a price of $1,505,685.
What is currently the cheapest priced home in Hagerman, NM?
The cheapest home for sale in Hagerman is priced at $11,694.

Living in Hagerman, NM

Hagerman, NM, is a quaint village that provides a peaceful rural lifestyle surrounded by picturesque landscapes. Known for its agricultural roots, the community enjoys a close-knit environment with local amenities, recreational activities, and a strong sense of community spirit. Ideal for families and individuals seeking tranquility, Hagerman offers a unique escape from urban living.

Current Market Conditions in Hagerman, NM

Hagerman's real estate market is currently stable with modest growth reflecting trends in surrounding areas. Although the population is small, there is consistent demand for affordable housing as people are drawn to the village for its rural charm and low cost of living. Many buyers are considering Hagerman for investment opportunities, seeking homes that can serve as vacation rentals or permanent residences in a peaceful setting.

Overall, the demand for housing has kept prices relatively steady. Families and retirees are contributing to the market dynamics, looking for homes that offer a slice of rural life while still remaining connected to nearby cities. Interest remains on homes that provide land and outdoor spaces, aligning with the growing trend of buyers seeking more spacious properties.

Home Value Estimator For Hagerman, NM

There are currently 778 real estate properties in Hagerman, NM, with a median automated valuation model (AVM) price of $98,889.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hagerman, 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 Hagerman, NM, is $132,553.00, with the most expensive house in Hagerman, NM, topping out at $1,505,685.00 and the cheapest home in Hagerman, NM, clocking in at $11,694.00. In other words, there’s something for every potential homebuyer or savvy investor in Hagerman, NM!

Rent Prices In Hagerman, NM

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hagerman, NM, is on a rollercoaster ride. The average rent price in Hagerman, NM, is $993.00. Indeed, when looking to rent in Hagerman, NM, you can expect to pay as little as $510.00 or as much as $1,960.00, with the average rent median estimated to be $960.00. The good news is that finding an affordable and desirable property to rent in Hagerman, 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.

Cheap Homes in Hagerman, NM


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