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Short Sale Listings in Radium Springs, NM

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Radium Springs, NM Foreclosures

How much do homes sell for in Radium Springs, NM?
The average home price is currently $252,581.
In Radium Springs, NM, how many homes are available?
There are currently 239 active home listings available in Radium Springs.
What’s the average rental cost in Radium Springs, NM?
The average rental price in Radium Springs is $1,050.
What is the most expensive home in Radium Springs?
The most expensive home sold in Radium Springs had a price of $1,286,055.
What is currently the cheapest priced home in Radium Springs, NM?
The cheapest home for sale in Radium Springs is priced at $34,926.

Living in Radium Springs, NM

Radium Springs is a peaceful community in southern New Mexico characterized by beautiful desert scenery and outdoor recreational opportunities. It fosters a small-town atmosphere with friendly locals and essential amenities nearby, making it a great place for families and retirees alike.

Current Market Conditions in Radium Springs, NM

The real estate market in Radium Springs is witnessing a moderate increase in demand, driven by buyers seeking affordable homes close to nature. There has been a noticeable interest from retirees and those looking to escape the hustle of urban life, contributing to a steady appreciation in property values.

Despite its quiet setting, Radium Springs offers unique investment potential as more people discover the beauty and tranquility of the area. The trend is increasingly leaning towards individuals seeking second homes or vacation spots, which may influence future market growth.

Home Value Estimator For Radium Springs, NM

There are currently 68 real estate properties in Radium Springs, NM, with a median automated valuation model (AVM) price of $193,096.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Radium Springs, 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 Radium Springs, NM, is $252,581.00, with the most expensive house in Radium Springs, NM, topping out at $1,286,055.00 and the cheapest home in Radium Springs, NM, clocking in at $34,926.00. In other words, there’s something for every potential homebuyer or savvy investor in Radium Springs, NM!

Rent Prices In Radium Springs, NM

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Radium Springs, NM, is on a rollercoaster ride. The average rent price in Radium Springs, NM, is $1,050.00. Indeed, when looking to rent in Radium Springs, NM, you can expect to pay as little as $620.00 or as much as $1,600.00, with the average rent median estimated to be $1,020.00. The good news is that finding an affordable and desirable property to rent in Radium Springs, 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.

Radium Springs, NM Short Sale Listings


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