La Luz, NM Foreclosures
How much do homes sell for in La Luz, NM?
The average home price is currently $253,955.
In La Luz, NM, how many homes are available?
There are currently 2 active home listings available in La Luz.
What’s the average rental cost in La Luz, NM?
The average rental price in La Luz is $1,046.
What is the most expensive home in La Luz?
The most expensive home sold in La Luz had a price of $2,940,200.
What is currently the cheapest priced home in La Luz, NM?
The cheapest home for sale in La Luz is priced at $15,862.
Living in La Luz, NM
La Luz, NM is a picturesque town located near the Sacramento Mountains, offering serene living with access to various outdoor activities. The area is great for families and those seeking a slower pace of life. With nearby schools and local amenities, La Luz combines convenience and charm.
Current Market Conditions in La Luz, NM
Currently, La Luz's real estate market shows a stable trend, with modest price increases observed over the past few months. The demand for homes in this serene setting has been increasing as more people seek a peaceful lifestyle away from the hustle and bustle of larger cities. The area attracts a mix of retirees and families, contributing to a balanced demographic.
Overall, the market remains favorable for both sellers and buyers, with properties turning over at a reasonable pace. The affordable nature of La Luz, combined with its natural beauty, continues to be a driving factor for new residents.
Home Value Estimator For La Luz, NM
There are currently 837 real estate properties
in La Luz, NM,
with a median automated valuation model (AVM) price
of $221,082.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in La Luz, 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 La Luz, NM,
is $253,955.00, with the most expensive house
in La Luz, NM, topping out
at $2,940,200.00 and the cheapest home
in La Luz, NM,
clocking in at $15,862.00. In other words, there’s
something for every potential homebuyer
or savvy investor in La Luz, NM!
Rent Prices
In La Luz, NM
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in La Luz, NM, is on
a rollercoaster ride. The
average rent price in La Luz, NM,
is $1,046.00. Indeed, when looking to rent in
La Luz, NM, you can expect to pay as little
as $500.00 or as much
as $2,200.00,
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 La Luz, 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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