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Foreclosure Homes in New River, AZ

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New River, AZ Foreclosures

How much do homes sell for in New River, AZ?
The average home price is currently $594,179.
In New River, AZ, how many homes are available?
There are currently 57 active home listings available in New River.
What’s the average rental cost in New River, AZ?
The average rental price in New River is $1,861.
What is the most expensive home in New River?
The most expensive home sold in New River had a price of $10,337,383.
What is currently the cheapest priced home in New River, AZ?
The cheapest home for sale in New River is priced at $26,423.

Living in New River, AZ

New River is a serene and picturesque community located just north of Phoenix. Known for its stunning desert landscapes and lower population density, it offers residents a peaceful lifestyle with easy access to the bustling city. Outdoor enthusiasts will love the variety of hiking and biking trails in the nearby Sonoran Desert.

Current Market Conditions in New River, AZ

The real estate market in New River has shown promising signs of growth over the last few years, with an increase in home values and interest from out-of-state buyers seeking the beauty and serenity of the desert environment. Limited inventory has led to higher demand, and homes are selling faster than in previous years as more individuals and families recognize the appeal of this tranquil area near Phoenix.

Many homes in New River have unique features such as larger lot sizes, custom designs, and a variety of amenities that set them apart from more conventional suburban neighborhoods. The mix of newer constructions and established properties provides buyers with diverse choices, although the market can be competitive at times.

Home Value Estimator For New River, AZ

There are currently 2,367 real estate properties in New River, AZ, with a median automated valuation model (AVM) price of $583,448.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in New River, AZ, 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 New River, AZ, is $594,179.00, with the most expensive house in New River, AZ, topping out at $10,337,383.00 and the cheapest home in New River, AZ, clocking in at $26,423.00. In other words, there’s something for every potential homebuyer or savvy investor in New River, AZ!

Rent Prices In New River, AZ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in New River, AZ, is on a rollercoaster ride. The average rent price in New River, AZ, is $1,861.00. Indeed, when looking to rent in New River, AZ, you can expect to pay as little as $820.00 or as much as $4,960.00, with the average rent median estimated to be $1,820.00. The good news is that finding an affordable and desirable property to rent in New River, AZ -- 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.

New River, AZ Foreclosures


Market Trend for New River, AZ

Total Listings Available: 57

Market Values:

Home Prices from $26,423 to $10,337,383

Average Sales Price: $594,179

Rental Values:

Rental from $820 to $4,960

Average Rent Value: $1,861 / month

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