Mimbres, NM Foreclosures
Current Market Conditions in in Mimbres, NM As of February 2026?
Over the past month, Mimbres has experienced an increase in homeviewings and inquiries, reflecting a growing interest in the area among potential buyers. Properties listed have seen a slight markup as demand rises, particularly for homes positioned in scenic areas. The overall inventory has not significantly changed, leading to a competitive atmosphere in listings. Buyers are encouraged to act quickly to secure their desired homes as the market remains tight due to consistent interest.
How much do homes sell for in Mimbres, NM?
The average home price is currently $198,738.
What’s the average rental cost in Mimbres, NM?
The average rental price in Mimbres is $934.
What is the most expensive home in Mimbres?
The most expensive home sold in Mimbres had a price of $3,539,300.
What is currently the cheapest priced home in Mimbres, NM?
The cheapest home for sale in Mimbres is priced at $41,815.
Living in Mimbres, NM
Mimbres, NM is a tranquil small town nestled in the southwest region of the state, featuring beautiful natural landscapes and a supportive community. Residents enjoy a peaceful lifestyle with access to outdoor activities such as hiking and fishing. The local amenities cater to essential needs while providing a gateway to the natural wonders of New Mexico.
Buyer vs Seller Market in Mimbres, NM
The real estate market in Mimbres, NM has seen a steady increase in demand as more people look to escape urban areas for a quieter lifestyle in nature. Properties are becoming sought after, particularly those offering scenic views and proximity to outdoor activities. Home prices remain relatively affordable compared to the larger cities nearby, making it an attractive option for first-time buyers and retirees alike.
Despite its small size, Mimbres has seasoned a growth in interest from homebuyers who desire more space and rural living. Trends indicate that homes closer to nature trails and parks are being snapped up quickly, leading to a more competitive market. While inventory is low, those looking to buy will find unique properties that blend rustic charm with modern amenities.
Home Value Estimator For Mimbres, NM
There are currently 361 real estate properties
in Mimbres, NM,
with a median automated valuation model (AVM) price
of $157,800.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mimbres, 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 Mimbres, NM,
is $198,738.00, with the most expensive house
in Mimbres, NM, topping out
at $3,539,300.00 and the cheapest home
in Mimbres, NM,
clocking in at $41,815.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mimbres, NM!
Rent Prices
In Mimbres, NM
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mimbres, NM, is on
a rollercoaster ride. The
average rent price in Mimbres, NM,
is $934.00. Indeed, when looking to rent in
Mimbres, NM, you can expect to pay as little
as $570.00 or as much
as $2,170.00,
with the average rent median estimated to
be $880.00. The good news is that finding
an affordable and desirable property to rent in Mimbres, 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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