Texico, NM Foreclosures
How much do homes sell for in Texico, NM?
The average home price is currently $130,303.
What’s the average rental cost in Texico, NM?
The average rental price in Texico is $949.
What is the most expensive home in Texico?
The most expensive home sold in Texico had a price of $892,054.
What is currently the cheapest priced home in Texico, NM?
The cheapest home for sale in Texico is priced at $27,434.
Living in Texico, NM
Texico, New Mexico is a charming small town located near the Texas border with a tight-knit community atmosphere. The town offers a friendly environment with access to essential amenities and beautiful natural landscapes. Residents enjoy easy access to outdoor activities and local attractions that showcase the rich culture and history of the area.
Current Market Conditions in Texico, NM
The real estate market in Texico, NM has shown signs of stability, with home prices maintaining a steady trend in recent months. The demand for homes in smaller communities like Texico has been increasing as people seek quieter lifestyles away from urban centers.
Currently, the average price for single-family homes is around $150,000, making it an affordable place to buy real estate. Investors are starting to take notice of Texico's potential for growth as more families and individuals look to settle in the area.
Home Value Estimator For Texico, NM
There are currently 546 real estate properties
in Texico, NM,
with a median automated valuation model (AVM) price
of $85,379.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Texico, 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 Texico, NM,
is $130,303.00, with the most expensive house
in Texico, NM, topping out
at $892,054.00 and the cheapest home
in Texico, NM,
clocking in at $27,434.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Texico, NM!
Rent Prices
In Texico, NM
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Texico, NM, is on
a rollercoaster ride. The
average rent price in Texico, NM,
is $949.00. Indeed, when looking to rent in
Texico, NM, you can expect to pay as little
as $580.00 or as much
as $2,480.00,
with the average rent median estimated to
be $930.00. The good news is that finding
an affordable and desirable property to rent in Texico, 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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