Hagerman, NM Foreclosures
How much do homes sell for in Hagerman, NM?
The average home price is currently $126,479.
In Hagerman, NM, how many homes are available?
There are currently 1 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 $728,074.
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 is a small, picturesque village located in southeastern New Mexico. Known for its small-town charm and welcoming atmosphere, Hagerman offers a close-knit community feel with a rich agricultural heritage. Residents enjoy the tranquility of rural life while being within reach of larger urban amenities.
Current Market Conditions in Hagerman, NM
The real estate market in Hagerman, NM, is currently favorable for buyers, with a modest increase in home prices noted over the past year. This increase is partly due to the appeal of rural living during the pandemic, as buyers seek larger properties with more space and access to nature. The region remains affordable compared to larger urban areas, drawing interest from both first-time homeowners and real estate investors looking to capitalize on the region's low cost of living and potential for growth.
In recent months, the market has seen an uptick in inventory, allowing buyers more options when searching for homes. This shift comes as interest rates remain steady, encouraging those who had been hesitant to enter the market. Currently, homeowners are willing to list properties, which has balanced the inventory levels and created more competitive choices for buyers.
Home Value Estimator For Hagerman, NM
There are currently 727 real estate properties
in Hagerman, NM,
with a median automated valuation model (AVM) price
of $92,619.00. 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 $126,479.00, with the most expensive house
in Hagerman, NM, topping out
at $728,074.00 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.
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