Salome, AZ Foreclosures
How much do homes sell for in Salome, AZ?
The average home price is currently $173,979.
In Salome, AZ, how many homes are available?
There are currently 66 active home listings available in Salome.
What’s the average rental cost in Salome, AZ?
The average rental price in Salome is $759.
What is the most expensive home in Salome?
The most expensive home sold in Salome had a price of $1,562,751.
What is currently the cheapest priced home in Salome, AZ?
The cheapest home for sale in Salome is priced at $11,148.
Living in Salome, AZ
Salome is a peaceful small town located in La Paz County, Arizona, known for its stunning desert landscapes and friendly atmosphere. The community offers a quaint lifestyle with a close-knit feeling, making it ideal for individuals seeking a slower pace of life or retirees. Residents enjoy a variety of outdoor activities, including hiking and bird watching, and its proximity to larger cities offers convenience and accessibility to urban amenities.
Current Market Conditions in Salome, AZ
The real estate market in Salome has been stable, with modest price growth observed over the past year. As more people are drawn to rural communities for their affordability and serene environments, properties in Salome are experiencing increases in demand. Home buyers are attracted to the lower price points compared to urban markets, making this an appealing option. However, inventory remains constrained, leading to competitive bidding in certain price ranges, particularly for well-maintained homes and those with larger lots.
Currently, the housing market is leaning favorably towards sellers, but there are still opportunities for buyers, especially those looking for a second home or an investment property. With its unique offerings and affordable housing options, Salome is expected to maintain its growth as more individuals and families seek out its quieter lifestyle.
Home Value Estimator For Salome, AZ
There are currently 1,121 real estate properties
in Salome, AZ,
with a median automated valuation model (AVM) price
of $146,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Salome, AZ, 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 Salome, AZ,
is $173,979.00, with the most expensive house
in Salome, AZ, topping out
at $1,562,751.00 and the cheapest home
in Salome, AZ,
clocking in at $11,148.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Salome, AZ!
Rent Prices
In Salome, AZ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Salome, AZ, is on
a rollercoaster ride. The
average rent price in Salome, AZ,
is $759.00. Indeed, when looking to rent in
Salome, AZ, you can expect to pay as little
as $480.00 or as much
as $1,750.00,
with the average rent median estimated to
be $770.00. The good news is that finding
an affordable and desirable property to rent in Salome, AZ
-- 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
