Hillsboro, NM Foreclosures
How much do homes sell for in Hillsboro, NM?
The average home price is currently $244,068.
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, NM is a quaint small town nestled in the mountains, offering a tranquil lifestyle with a close-knit community. Known for its scenic landscapes and outdoor adventures, it provides an ideal setting for those seeking a peaceful retreat. The area boasts historical charm and outdoor recreational opportunities.
Current Market Conditions in Hillsboro, NM
The real estate market in Hillsboro has shown signs of gradual growth over the past year, reflecting a trend of increasing interest in rural properties. The charm of the area, combined with its natural beauty, has attracted both retirees and individuals looking for vacation homes. The demand for properties in Hillsboro is moderately growing, thanks to its affordability compared to nearby urban centers.
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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