Lemitar, NM Foreclosures
How much do homes sell for in Lemitar, NM?
The average home price is currently $242,677.
In Lemitar, NM, how many homes are available?
There are currently 2 active home listings available in Lemitar.
What’s the average rental cost in Lemitar, NM?
The average rental price in Lemitar is $992.
What is the most expensive home in Lemitar?
The most expensive home sold in Lemitar had a price of $907,158.
What is currently the cheapest priced home in Lemitar, NM?
The cheapest home for sale in Lemitar is priced at $35,115.
Living in Lemitar, NM
Lemitare is a peaceful and scenic village in New Mexico, known for its stunning landscapes and close-knit community. The area provides a quiet lifestyle with opportunities for outdoor activities including hiking and fishing. With a friendly atmosphere and affordability, Lemitare is an attractive destination for those looking to escape the hustle of urban life.
Current Market Conditions in Lemitar, NM
The real estate market in Lemitare has shown steady growth, driven by a rising interest in rural and semi-rural living. More individuals and families are seeking homes away from the big cities, which has made Lemitare an attractive choice. Sales have been increasing as buyers are drawn to the affordability and quality of life in the area, resulting in more properties being sold compared with previous years.
Interest in properties near Lemitare has been further accelerated by the trend of remote work, with many professionals opting for homes in peaceful locations while maintaining access to essential services and internet connectivity.
Home Value Estimator For Lemitar, NM
There are currently 71 real estate properties
in Lemitar, NM,
with a median automated valuation model (AVM) price
of $202,827.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lemitar, 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 Lemitar, NM,
is $242,677.00, with the most expensive house
in Lemitar, NM, topping out
at $907,158.00 and the cheapest home
in Lemitar, NM,
clocking in at $35,115.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lemitar, NM!
Rent Prices
In Lemitar, NM
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lemitar, NM, is on
a rollercoaster ride. The
average rent price in Lemitar, NM,
is $992.00. Indeed, when looking to rent in
Lemitar, NM, you can expect to pay as little
as $730.00 or as much
as $1,310.00,
with the average rent median estimated to
be $990.00. The good news is that finding
an affordable and desirable property to rent in Lemitar, 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.
Learn more on Foreclosure homes
