San Jon, NM Foreclosures
How much do homes sell for in San Jon, NM?
The average home price is currently $164,114.
What’s the average rental cost in San Jon, NM?
The average rental price in San Jon is $843.
What is the most expensive home in San Jon?
The most expensive home sold in San Jon had a price of $1,911,800.
What is currently the cheapest priced home in San Jon, NM?
The cheapest home for sale in San Jon is priced at $56,226.
Living in San Jon, NM
San Jon, a small community in Quay County, New Mexico, offers a quaint lifestyle characterized by its welcoming atmosphere and close-knit community feel. Residents enjoy access to scenic landscapes and a slower pace of life. It's a great place for those looking to escape the busyness of larger cities while being part of a supportive environment.
Current Market Conditions in San Jon, NM
The San Jon housing market has remained relatively stable, with a steady demand for homes. There is a noticeable interest in affordable housing, making it an attractive option for first-time buyers and retirees looking to downsize. Recent trends indicate a slow but consistent rise in property values, driven by economic developments in nearby cities.
Investor interest has also been on the rise, as the affordability of properties in San Jon contrasts with those in larger cities, offering lucrative potential for rental income. The market remains accessible for lower-income families, providing a range of homes at different price points.
Home Value Estimator For San Jon, NM
There are currently 139 real estate properties
in San Jon, NM,
with a median automated valuation model (AVM) price
of $134,517.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in San Jon, 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 San Jon, NM,
is $164,114.00, with the most expensive house
in San Jon, NM, topping out
at $1,911,800.00 and the cheapest home
in San Jon, NM,
clocking in at $56,226.00. In other words, there’s
something for every potential homebuyer
or savvy investor in San Jon, NM!
Rent Prices
In San Jon, NM
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in San Jon, NM, is on
a rollercoaster ride. The
average rent price in San Jon, NM,
is $843.00. Indeed, when looking to rent in
San Jon, NM, you can expect to pay as little
as $530.00 or as much
as $1,030.00,
with the average rent median estimated to
be $850.00. The good news is that finding
an affordable and desirable property to rent in San Jon, 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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