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Cheap Homes in Placitas, NM

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Placitas, NM Foreclosures

How much do homes sell for in Placitas, NM?
The average home price is currently $645,089.
In Placitas, NM, how many homes are available?
There are currently 2 active home listings available in Placitas.
What’s the average rental cost in Placitas, NM?
The average rental price in Placitas is $1,799.
What is the most expensive home in Placitas?
The most expensive home sold in Placitas had a price of $4,803,900.
What is currently the cheapest priced home in Placitas, NM?
The cheapest home for sale in Placitas is priced at $37,212.

Living in Placitas, NM

Placitas, New Mexico, is a picturesque village nestled against the Sandia Mountains, offering a serene lifestyle with stunning natural beauty. Known for its local art scene and warm community, it presents ample opportunities for outdoor activities like hiking and biking. With convenient access to Albuquerque, residents can enjoy both the tranquility of a rural setting and the vibrancy of city life.

Current Market Conditions in Placitas, NM

The Placitas real estate market has seen a steady increase in home prices over the past year, driven by high demand for properties in this scenic area. The unique appeal of rural living combined with proximity to urban amenities makes this location desirable for families, retirees, and second-home buyers alike.

Current trends indicate a competitive market, with homes selling faster than in previous years, as more buyers recognize the value of the unique lifestyle that Placitas offers.

Home Value Estimator For Placitas, NM

There are currently 2,748 real estate properties in Placitas, NM, with a median automated valuation model (AVM) price of $635,276.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Placitas, 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 Placitas, NM, is $645,089.00, with the most expensive house in Placitas, NM, topping out at $4,803,900.00 and the cheapest home in Placitas, NM, clocking in at $37,212.00. In other words, there’s something for every potential homebuyer or savvy investor in Placitas, NM!

Rent Prices In Placitas, NM

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Placitas, NM, is on a rollercoaster ride. The average rent price in Placitas, NM, is $1,799.00. Indeed, when looking to rent in Placitas, NM, you can expect to pay as little as $570.00 or as much as $5,490.00, with the average rent median estimated to be $1,850.00. The good news is that finding an affordable and desirable property to rent in Placitas, 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.

Cheap Homes in Placitas, NM


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