Regina, NM Foreclosures
How much do homes sell for in Regina, NM?
The average home price is currently $187,387.
In Regina, NM, how many homes are available?
There are currently 108 active home listings available in Regina.
What’s the average rental cost in Regina, NM?
The average rental price in Regina is $1,133.
What is the most expensive home in Regina?
The most expensive home sold in Regina had a price of $692,654.
What is currently the cheapest priced home in Regina, NM?
The cheapest home for sale in Regina is priced at $26,000.
Living in Regina, NM
Regina, New Mexico, is a serene rural village known for its stunning landscapes and tranquil atmosphere. It offers a tight-knit community where residents enjoy a slower pace of life surrounded by picturesque mountain views. With friendly neighbors and access to nature, Regina is a perfect retreat for those looking to escape the hustle and bustle of city living.
Current Market Conditions in Regina, NM
Regina's real estate market is currently stable, with home prices reflecting the unique charm of the area. There is a growing interest in rural living as more people seek the tranquility of places like Regina amid increasing urbanization. The market has seen an influx of buyers looking for vacation homes or permanent residences that offer peace and proximity to nature, resulting in a competitive but fair market. Home values in the area have appreciated steadily as awareness of the quality of life here grows.
Investments in local infrastructure and amenities have contributed to a positive outlook for Regina's real estate market. With ongoing developments aimed at enhancing community resources and connectivity, the area's charm is attracting potential buyers looking for homes with character and value, positioning Regina well for future growth.
While the market is competitive, it still provides opportunities for buyers and sellers alike. The current trend suggests that as more individuals and families recognize the advantages of living in Regina, demand may continue to increase, which could further elevate home prices.
Home Value Estimator For Regina, NM
There are currently 60 real estate properties
in Regina, NM,
with a median automated valuation model (AVM) price
of $164,435.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Regina, 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 Regina, NM,
is $187,387.00, with the most expensive house
in Regina, NM, topping out
at $692,654.00 and the cheapest home
in Regina, NM,
clocking in at $26,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Regina, NM!
Rent Prices
In Regina, NM
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Regina, NM, is on
a rollercoaster ride. The
average rent price in Regina, NM,
is $1,133.00. Indeed, when looking to rent in
Regina, NM, you can expect to pay as little
as $710.00 or as much
as $1,720.00,
with the average rent median estimated to
be $1,070.00. The good news is that finding
an affordable and desirable property to rent in Regina, 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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