Hillsboro, NM Foreclosures
How much do homes sell for in Hillsboro, NM?
The average home price is currently $244,068.
In Hillsboro, NM, how many homes are available?
There are currently 6 active home listings available in Hillsboro.
What’s the average rental cost in Hillsboro, NM?
The average rental price in Hillsboro is $1,067.
What is the most expensive home in Hillsboro?
The most expensive home sold in Hillsboro had a price of $735,300.
What is currently the cheapest priced home in Hillsboro, NM?
The cheapest home for sale in Hillsboro is priced at $44,305.
Living in Hillsboro, NM
Hillsboro, New Mexico is a picturesque village with a storied past and active community life. Nestled near the Gila National Forest, Hillsboro provides residents breathtaking natural landscapes, outdoor activities, and a welcoming small-town atmosphere. It epitomizes the peacefulness and charm of rural New Mexico living.
Current Market Conditions in Hillsboro, NM
The real estate market in Hillsboro is relatively stable, with a mix of historic homes and modern builds available for interested buyers. Current market trends indicate a slow but steady increase in property values, as more people are looking to invest in rural properties amid the rising cost of living in urban areas.
There has been a noticeable influx of buyers seeking vacation homes and permanent residences, leading to an increased demand for housing. However, inventory remains modest, which keeps market conditions competitive.
Home Value Estimator For Hillsboro, NM
There are currently 166 real estate properties
in Hillsboro, NM,
with a median automated valuation model (AVM) price
of $198,011.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hillsboro, 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 Hillsboro, NM,
is $244,068.00, with the most expensive house
in Hillsboro, NM, topping out
at $735,300.00 and the cheapest home
in Hillsboro, NM,
clocking in at $44,305.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hillsboro, NM!
Rent Prices
In Hillsboro, NM
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hillsboro, NM, is on
a rollercoaster ride. The
average rent price in Hillsboro, NM,
is $1,067.00. Indeed, when looking to rent in
Hillsboro, NM, you can expect to pay as little
as $530.00 or as much
as $2,110.00,
with the average rent median estimated to
be $1,000.00. The good news is that finding
an affordable and desirable property to rent in Hillsboro, 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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