Hatch, NM Foreclosures
How much do homes sell for in Hatch, NM?
The average home price is currently $161,124.
What’s the average rental cost in Hatch, NM?
The average rental price in Hatch is $868.
What is the most expensive home in Hatch?
The most expensive home sold in Hatch had a price of $1,176,500.
What is currently the cheapest priced home in Hatch, NM?
The cheapest home for sale in Hatch is priced at $25,667.
Living in Hatch, NM
Hatch, NM, is a charming town famed for its Hatch green chiles and welcoming community. The area boasts a rich agricultural heritage, scenic landscapes, and various lifestyle amenities. With local events such as the Chile Festival, residents enjoy a vibrant sense of community and access to beautiful outdoor spaces.
Current Market Conditions in Hatch, NM
The current real estate market in Hatch shows promise, especially with the ongoing interest in New Mexico's agricultural and rural living. The demand for affordable homes is gradually increasing, appealing to first-time buyers and investors alike. In recent months, new construction has begun to emerge, revitalizing the local market.
With a median home price remaining lower than the national average, Hatch offers opportunities for investors looking to tap into the growing interest in rural living. The local economy has begun to see improvements, which could influence future price increases.
Home Value Estimator For Hatch, NM
There are currently 590 real estate properties
in Hatch, NM,
with a median automated valuation model (AVM) price
of $136,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hatch, 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 Hatch, NM,
is $161,124.00, with the most expensive house
in Hatch, NM, topping out
at $1,176,500.00 and the cheapest home
in Hatch, NM,
clocking in at $25,667.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hatch, NM!
Rent Prices
In Hatch, NM
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hatch, NM, is on
a rollercoaster ride. The
average rent price in Hatch, NM,
is $868.00. Indeed, when looking to rent in
Hatch, NM, you can expect to pay as little
as $490.00 or as much
as $1,630.00,
with the average rent median estimated to
be $840.00. The good news is that finding
an affordable and desirable property to rent in Hatch, 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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