Pinon, NM Foreclosures
How much do homes sell for in Pinon, NM?
The average home price is currently $300,794.
In Pinon, NM, how many homes are available?
There are currently 1 active home listings available in Pinon.
What’s the average rental cost in Pinon, NM?
The average rental price in Pinon is $1,005.
What is the most expensive home in Pinon?
The most expensive home sold in Pinon had a price of $2,728,196.
What is currently the cheapest priced home in Pinon, NM?
The cheapest home for sale in Pinon is priced at $14,316.
Living in Pinon, NM
Pinon, NM is a charming small town nestled in the foothills of Southern New Mexico. Known for its scenic beauty and community-oriented lifestyle, residents enjoy a peaceful environment where outdoor activities and local traditions thrive. It is an ideal getaway for those looking to escape the hustle and bustle of city life.
Current Market Conditions in Pinon, NM
The real estate market in Pinon, NM, has shown signs of stability over the past few months. With a small number of homes available for sale, the demand remains steady, and properties are typically on the market for a shorter duration compared to previous years. Buyers are attracted to the affordability and breathtaking landscapes of the area, making it an appealing location for both permanent residents and vacation home seekers.
Recently, the market has been influenced by an influx of interest from individuals looking for more remote living options. Many people from urban centers are seeking quieter lifestyles and are attracted to the natural beauty Pinon has to offer. This has led to a slight increase in home prices, particularly for properties with scenic views.
Home Value Estimator For Pinon, NM
There are currently 57 real estate properties
in Pinon, NM,
with a median automated valuation model (AVM) price
of $167,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Pinon, 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 Pinon, NM,
is $300,794.00, with the most expensive house
in Pinon, NM, topping out
at $2,728,196.00 and the cheapest home
in Pinon, NM,
clocking in at $14,316.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Pinon, NM!
Rent Prices
In Pinon, NM
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Pinon, NM, is on
a rollercoaster ride. The
average rent price in Pinon, NM,
is $1,005.00. Indeed, when looking to rent in
Pinon, NM, you can expect to pay as little
as $530.00 or as much
as $2,140.00,
with the average rent median estimated to
be $960.00. The good news is that finding
an affordable and desirable property to rent in Pinon, 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
