Hurley, NM Foreclosures
How much do homes sell for in Hurley, NM?
The average home price is currently $101,420.
In Hurley, NM, how many homes are available?
There are currently 4 active home listings available in Hurley.
What’s the average rental cost in Hurley, NM?
The average rental price in Hurley is $795.
What is the most expensive home in Hurley?
The most expensive home sold in Hurley had a price of $1,455,600.
What is currently the cheapest priced home in Hurley, NM?
The cheapest home for sale in Hurley is priced at $19,600.
Living in Hurley, NM
Hurley, NM, is a charming small town that embodies the spirit of rural New Mexico. Nestled near Silver City, it offers residents a peaceful lifestyle surrounded by beautiful desert landscapes and rich history. With access to outdoor activities and fundamental amenities, Hurley is a hidden gem for those looking to escape the hustle and bustle of city life.
Current Market Conditions in Hurley, NM
The real estate market in Hurley, NM, is characterized by affordability and modest price growth, making it an attractive option for first-time home buyers and investors seeking rental opportunities. Housing supply remains stable due to the small population, which keeps demand manageable, thus preventing drastic price hikes.
In recent months, the area has seen an increase in interest, with more prospective buyers exploring the possibility of relocating to less densely populated areas. With home prices remaining fairly consistent, many believe that now is a good time to invest in Hurley's properties as they may see appreciation in the coming years.
Home Value Estimator For Hurley, NM
There are currently 817 real estate properties
in Hurley, NM,
with a median automated valuation model (AVM) price
of $83,562.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hurley, 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 Hurley, NM,
is $101,420.00, with the most expensive house
in Hurley, NM, topping out
at $1,455,600.00 and the cheapest home
in Hurley, NM,
clocking in at $19,600.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hurley, NM!
Rent Prices
In Hurley, NM
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hurley, NM, is on
a rollercoaster ride. The
average rent price in Hurley, NM,
is $795.00. Indeed, when looking to rent in
Hurley, NM, you can expect to pay as little
as $480.00 or as much
as $1,940.00,
with the average rent median estimated to
be $830.00. The good news is that finding
an affordable and desirable property to rent in Hurley, 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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