Lake Montezuma, AZ Foreclosures
How much do homes sell for in Lake Montezuma, AZ?
The average home price is currently $353,416.
In Lake Montezuma, AZ, how many homes are available?
There are currently 2,159 active home listings available in Lake Montezuma.
What’s the average rental cost in Lake Montezuma, AZ?
The average rental price in Lake Montezuma is $1,147.
What is the most expensive home in Lake Montezuma?
The most expensive home sold in Lake Montezuma had a price of $2,143,674.
What is currently the cheapest priced home in Lake Montezuma, AZ?
The cheapest home for sale in Lake Montezuma is priced at $40,566.
Living in Lake Montezuma, AZ
Lake Montezuma, AZ offers a picturesque living experience with stunning natural scenery, outdoor activities, and a strong sense of community. Nestled in Northern Arizona, this beautiful area is ideal for nature lovers and those seeking a tranquil lifestyle. Enjoy various recreational opportunities while being close to the charming town of Camp Verde for additional amenities.
Current Market Conditions in Lake Montezuma, AZ
The real estate market in Lake Montezuma has been steadily growing over the past couple of years, with an increase in demand for homes due to its appealing natural surroundings and serenity. The area is popular among retirees and those seeking second homes, which has led to an increase in property values. Homes range from modest cottages to more luxurious properties with expansive views, catering to various buyers. Despite a competitive market, there are still opportunities for buyers looking for affordable properties in the area.
Inventory levels remain lower than average, causing prices to rise. Many buyers are drawn to the unique landscape and outdoor lifestyle, making homes in Lake Montezuma highly sought after. As remote work continues to be a prevalent option for many people, the potential for further growth in the real estate sector in Lake Montezuma is promising.
Home Value Estimator For Lake Montezuma, AZ
There are currently 145 real estate properties
in Lake Montezuma, AZ,
with a median automated valuation model (AVM) price
of $335,102.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lake Montezuma, AZ, 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 Lake Montezuma, AZ,
is $353,416.00, with the most expensive house
in Lake Montezuma, AZ, topping out
at $2,143,674.00 and the cheapest home
in Lake Montezuma, AZ,
clocking in at $40,566.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lake Montezuma, AZ!
Rent Prices
In Lake Montezuma, AZ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lake Montezuma, AZ, is on
a rollercoaster ride. The
average rent price in Lake Montezuma, AZ,
is $1,147.00. Indeed, when looking to rent in
Lake Montezuma, AZ, you can expect to pay as little
as $670.00 or as much
as $2,570.00,
with the average rent median estimated to
be $1,130.00. The good news is that finding
an affordable and desirable property to rent in Lake Montezuma, AZ
-- 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.
Learn more on Foreclosure homes
