Nogal, NM Foreclosures
Current Market Conditions in in Nogal, NM As of January 2026?
Over the past month, the real estate market in Nogal has seen a slight uptick in activity, driven primarily by seasonal interest in vacation homes. Additionally, the number of new listings has increased, providing potential buyers with more options. Current homeowners are also capitalizing on rising property values, prompting some to put their homes on the market.
How much do homes sell for in Nogal, NM?
The average home price is currently $376,293.
What’s the average rental cost in Nogal, NM?
The average rental price in Nogal is $1,314.
What is the most expensive home in Nogal?
The most expensive home sold in Nogal had a price of $2,464,335.
What is currently the cheapest priced home in Nogal, NM?
The cheapest home for sale in Nogal is priced at $18,584.
Living in Nogal, NM
Nogal, NM is a tranquil village set against the backdrop of the Sierra Blanca mountains. This small community offers a blend of outdoor adventure and rural charm, making it perfect for those seeking a peaceful lifestyle. With friendly neighbors and beautiful surroundings, Nogal is an ideal place to call home.
Buyer vs Seller Market in Nogal, NM
The real estate market in Nogal, NM has remained steady, with modest price increases over the past year. The appeal of rural living combined with proximity to nature continues to attract homebuyers, especially those looking for vacation or second homes.
As more people seek out quieter, scenic environments post-pandemic, the demand for properties in Nogal has increased, resulting in a competitive market. Homebuyers are particularly interested in properties that offer land and outdoor amenities, reflecting the area's natural allure.
Home Value Estimator For Nogal, NM
There are currently 295 real estate properties
in Nogal, NM,
with a median automated valuation model (AVM) price
of $325,261.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Nogal, 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 Nogal, NM,
is $376,293.00, with the most expensive house
in Nogal, NM, topping out
at $2,464,335.00 and the cheapest home
in Nogal, NM,
clocking in at $18,584.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Nogal, NM!
Rent Prices
In Nogal, NM
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Nogal, NM, is on
a rollercoaster ride. The
average rent price in Nogal, NM,
is $1,314.00. Indeed, when looking to rent in
Nogal, NM, you can expect to pay as little
as $840.00 or as much
as $2,580.00,
with the average rent median estimated to
be $1,290.00. The good news is that finding
an affordable and desirable property to rent in Nogal, 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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