Timberon, NM Foreclosures
How much do homes sell for in Timberon, NM?
The average home price is currently $120,977.
In Timberon, NM, how many homes are available?
There are currently 7 active home listings available in Timberon.
What’s the average rental cost in Timberon, NM?
The average rental price in Timberon is $770.
What is the most expensive home in Timberon?
The most expensive home sold in Timberon had a price of $822,263.
What is currently the cheapest priced home in Timberon, NM?
The cheapest home for sale in Timberon is priced at $41,196.
Living in Timberon, NM
Timberon, New Mexico, offers a peaceful mountain lifestyle surrounded by nature. Known for its community spirit and outdoor recreational options, this serene destination is perfect for outdoor enthusiasts and those seeking a quieter life away from the hustle and bustle of urban areas.
Current Market Conditions in Timberon, NM
The real estate market in Timberon has shown gradual growth over the past year, with an increase in demand for vacation homes and retirement properties. The mountain community attracts buyers looking for solitude and natural beauty, leading to rising home prices and a competitive market for desirable listings.
Recent trends indicate that inventory levels are low, resulting in homes selling more quickly than previous years. Buyers are drawn to the area for its diverse outdoor activities and sense of community, pushing demand further in 2023.
Home Value Estimator For Timberon, NM
There are currently 173 real estate properties
in Timberon, NM,
with a median automated valuation model (AVM) price
of $83,520.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Timberon, 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 Timberon, NM,
is $120,977.00, with the most expensive house
in Timberon, NM, topping out
at $822,263.00 and the cheapest home
in Timberon, NM,
clocking in at $41,196.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Timberon, NM!
Rent Prices
In Timberon, NM
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Timberon, NM, is on
a rollercoaster ride. The
average rent price in Timberon, NM,
is $770.00. Indeed, when looking to rent in
Timberon, NM, you can expect to pay as little
as $510.00 or as much
as $1,330.00,
with the average rent median estimated to
be $810.00. The good news is that finding
an affordable and desirable property to rent in Timberon, 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.
Learn more on Foreclosure homes
