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Foreclosure Homes in La Plata, NM

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La Plata, NM Foreclosures

How much do homes sell for in La Plata, NM?
The average home price is currently $261,456.
In La Plata, NM, how many homes are available?
There are currently 97 active home listings available in La Plata.
What’s the average rental cost in La Plata, NM?
The average rental price in La Plata is $1,100.
What is the most expensive home in La Plata?
The most expensive home sold in La Plata had a price of $1,465,700.
What is currently the cheapest priced home in La Plata, NM?
The cheapest home for sale in La Plata is priced at $25,671.

Living in La Plata, NM

La Plata, NM is a quiet and friendly town located in the beautiful terrain of northwest New Mexico. Known for its outdoor recreational opportunities and close-knit community, La Plata provides a perfect blend of rural living with easy access to urban amenities in nearby Farmington. The area boasts rich cultural heritage and natural beauty, making it an ideal location for families and retirees.

Current Market Conditions in La Plata, NM

The real estate market in La Plata is currently stable, with a mix of affordable single-family homes and larger properties. Given its peaceful setting and proximity to Farmington, demand has remained consistent, attracting buyers looking for a quieter lifestyle without sacrificing convenience. Prices have shown a gradual increase as more families seek homes in this charming area.

Trends indicate a growing interest in La Plata as remote work becomes more common, with buyers seeking properties that offer space and natural surroundings. The availability of land for newer developments is appealing for potential investors.

Home Value Estimator For La Plata, NM

There are currently 578 real estate properties in La Plata, NM, with a median automated valuation model (AVM) price of $244,393.00. 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 Plata, 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 Plata, NM, is $261,456.00, with the most expensive house in La Plata, NM, topping out at $1,465,700.00 and the cheapest home in La Plata, NM, clocking in at $25,671.00. In other words, there’s something for every potential homebuyer or savvy investor in La Plata, NM!

Rent Prices In La Plata, NM

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in La Plata, NM, is on a rollercoaster ride. The average rent price in La Plata, NM, is $1,100.00. Indeed, when looking to rent in La Plata, NM, you can expect to pay as little as $610.00 or as much as $1,880.00, with the average rent median estimated to be $1,090.00. The good news is that finding an affordable and desirable property to rent in La Plata, 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.

La Plata, NM Foreclosures


Market Trend for La Plata, NM

Total Listings Available: 97

Market Values:

Home Prices from $25,671 to $1,465,700

Average Sales Price: $261,456

Rental Values:

Rental from $610 to $1,880

Average Rent Value: $1,100 / month

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