Mayhill, NM Foreclosures
How much do homes sell for in Mayhill, NM?
The average home price is currently $326,744.
In Mayhill, NM, how many homes are available?
There are currently 56 active home listings available in Mayhill.
What’s the average rental cost in Mayhill, NM?
The average rental price in Mayhill is $1,124.
What is the most expensive home in Mayhill?
The most expensive home sold in Mayhill had a price of $2,152,000.
What is currently the cheapest priced home in Mayhill, NM?
The cheapest home for sale in Mayhill is priced at $29,737.
Living in Mayhill, NM
Mayhill, New Mexico, is a quaint mountain community known for its serene landscapes and outdoor recreational opportunities. Nestled in the Sacramento Mountains, it offers breathtaking views and a peaceful atmosphere. With close proximity to national forests, residents enjoy hiking, fishing, and camping, making it an ideal spot for nature enthusiasts.
Current Market Conditions in Mayhill, NM
The real estate market in Mayhill, NM, currently reflects a stable environment, with steady interest from buyers looking for vacation homes or seasonal residences. Properties are often characterized by their charming architecture and scenic locations, appealing to various buyer demographics including retirees and families.
In recent months, there has been a noticeable uptick in interest for larger parcels of land, as many prospective homeowners seek space for recreational activities or gardening. The limited inventory has resulted in a competitive market, particularly for homes that feature modern amenities or are close to nature trails.
Home Value Estimator For Mayhill, NM
There are currently 589 real estate properties
in Mayhill, NM,
with a median automated valuation model (AVM) price
of $278,812.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mayhill, 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 Mayhill, NM,
is $326,744.00, with the most expensive house
in Mayhill, NM, topping out
at $2,152,000.00 and the cheapest home
in Mayhill, NM,
clocking in at $29,737.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mayhill, NM!
Rent Prices
In Mayhill, NM
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mayhill, NM, is on
a rollercoaster ride. The
average rent price in Mayhill, NM,
is $1,124.00. Indeed, when looking to rent in
Mayhill, NM, you can expect to pay as little
as $480.00 or as much
as $2,600.00,
with the average rent median estimated to
be $1,060.00. The good news is that finding
an affordable and desirable property to rent in Mayhill, 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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