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Foreclosure Homes in Tierra Amarilla, NM

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Tierra Amarilla, NM Foreclosures

How much do homes sell for in Tierra Amarilla, NM?
The average home price is currently $213,622.
In Tierra Amarilla, NM, how many homes are available?
There are currently 14 active home listings available in Tierra Amarilla.
What’s the average rental cost in Tierra Amarilla, NM?
The average rental price in Tierra Amarilla is $0.
What is the most expensive home in Tierra Amarilla?
The most expensive home sold in Tierra Amarilla had a price of $1,805,400.
What is currently the cheapest priced home in Tierra Amarilla, NM?
The cheapest home for sale in Tierra Amarilla is priced at $28,991.

Living in Tierra Amarilla, NM

Tierra Amarilla is a charming community in Northern New Mexico, characterized by its beautiful landscapes and strong community ties. Residents enjoy a laid-back lifestyle with easy access to outdoor activities and local cultural events. Close proximity to larger towns adds convenience without sacrificing peace and tranquility.

Current Market Conditions in Tierra Amarilla, NM

The real estate market in Tierra Amarilla is relatively stable with a modest increase in property values over the past year. The demand for homes in rural areas has surged, driven by buyers seeking peace and scenic beauty, which has positively influenced the market.

Interest in Tierra Amarilla has been growing as more people telecommute and look for affordable housing outside urban centers. With limited inventory, the area is slowly trending toward a seller's market, especially for properties with land or unique features.

Home Value Estimator For Tierra Amarilla, NM

There are currently 380 real estate properties in Tierra Amarilla, NM, with a median automated valuation model (AVM) price of $173,101.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Tierra Amarilla, 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 Tierra Amarilla, NM, is $213,622.00, with the most expensive house in Tierra Amarilla, NM, topping out at $1,805,400.00 and the cheapest home in Tierra Amarilla, NM, clocking in at $28,991.00. In other words, there’s something for every potential homebuyer or savvy investor in Tierra Amarilla, NM!

Rent Prices In Tierra Amarilla, NM

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Tierra Amarilla, NM, is on a rollercoaster ride. The average rent price in Tierra Amarilla, NM, is $0.00. Indeed, when looking to rent in Tierra Amarilla, NM, you can expect to pay as little as $0.00 or as much as $0.00, with the average rent median estimated to be $0.00. The good news is that finding an affordable and desirable property to rent in Tierra Amarilla, 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.

Tierra Amarilla, NM Foreclosures


Market Trend for Tierra Amarilla, NM

Total Listings Available: 14

Market Values:

Home Prices from $28,991 to $1,805,400

Average Sales Price: $213,622

Rental Values:

Rental from $0 to $0

Average Rent Value: $0 / month

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