Mesilla Park, NM Foreclosures
How much do homes sell for in Mesilla Park, NM?
The average home price is currently $303,317.
In Mesilla Park, NM, how many homes are available?
There are currently 1 active home listings available in Mesilla Park.
What’s the average rental cost in Mesilla Park, NM?
The average rental price in Mesilla Park is $1,090.
What is the most expensive home in Mesilla Park?
The most expensive home sold in Mesilla Park had a price of $1,459,873.
What is currently the cheapest priced home in Mesilla Park, NM?
The cheapest home for sale in Mesilla Park is priced at $47,366.
Living in Mesilla Park, NM
Mesilla Park is a quaint and picturesque community located in southern New Mexico, just outside of Las Cruces. This charming neighborhood boasts a mix of historical architecture and modern homes, creating a unique appeal for residents. With a strong sense of community, excellent schools, and stunning views of the Organ Mountains, Mesilla Park offers a tranquil lifestyle with convenient access to urban amenities.
Current Market Conditions in Mesilla Park, NM
The real estate market in Mesilla Park has shown promising growth recently, with a steady increase in home values and an influx of new residents. The area's appealing lifestyle, combined with its affordable housing options, has attracted both young families and retirees alike. Demand for properties remains strong, leading to a competitive market.
As of late 2023, Mesilla Park's home inventory is somewhat limited, which contributes to rising prices. The appeal of living near Las Cruces, coupled with desirable amenities, continues to boost the area's desirability among homebuyers.
Home Value Estimator For Mesilla Park, NM
There are currently 630 real estate properties
in Mesilla Park, NM,
with a median automated valuation model (AVM) price
of $264,779.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mesilla Park, 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 Mesilla Park, NM,
is $303,317.00, with the most expensive house
in Mesilla Park, NM, topping out
at $1,459,873.00 and the cheapest home
in Mesilla Park, NM,
clocking in at $47,366.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mesilla Park, NM!
Rent Prices
In Mesilla Park, NM
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mesilla Park, NM, is on
a rollercoaster ride. The
average rent price in Mesilla Park, NM,
is $1,090.00. Indeed, when looking to rent in
Mesilla Park, NM, you can expect to pay as little
as $600.00 or as much
as $1,920.00,
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 Mesilla Park, 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
