Loving, NM Foreclosures
How much do homes sell for in Loving, NM?
The average home price is currently $141,055.
In Loving, NM, how many homes are available?
There are currently 1 active home listings available in Loving.
What’s the average rental cost in Loving, NM?
The average rental price in Loving is $1,122.
What is the most expensive home in Loving?
The most expensive home sold in Loving had a price of $2,696,100.
What is currently the cheapest priced home in Loving, NM?
The cheapest home for sale in Loving is priced at $27,740.
Living in Loving, NM
Loving is a small, close-knit community located in the heart of New Mexico. Known for its warm climate and friendly residents, it provides a peaceful lifestyle away from the hustle and bustle of larger cities. With access to outdoor activities like hiking and fishing, it's an ideal spot for those who appreciate nature and a quieter way of living.
Current Market Conditions in Loving, NM
The real estate market in Loving has shown stability over the past year, with steady demand for homes as more people seek a quieter lifestyle in rural New Mexico. Homes in the area are priced affordably, attracting first-time buyers as well as those looking to downsize. With a continued interest in relocating from urban environments, the market remains competitive but offers various options for homebuyers across different price points.
Currently, there is a balanced market with a variety of home choices available. The demand remains steady, especially for single-family homes and smaller properties, as buyers look for affordable living options amidst rising prices in larger cities.
Home Value Estimator For Loving, NM
There are currently 814 real estate properties
in Loving, NM,
with a median automated valuation model (AVM) price
of $96,818.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Loving, 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 Loving, NM,
is $141,055.00, with the most expensive house
in Loving, NM, topping out
at $2,696,100.00 and the cheapest home
in Loving, NM,
clocking in at $27,740.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Loving, NM!
Rent Prices
In Loving, NM
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Loving, NM, is on
a rollercoaster ride. The
average rent price in Loving, NM,
is $1,122.00. Indeed, when looking to rent in
Loving, NM, you can expect to pay as little
as $760.00 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 Loving, 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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