Timberon, NM Foreclosures
How much do homes sell for in Timberon, NM?
The average home price is currently $120,205.
In Timberon, NM, how many homes are available?
There are currently 1 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 $735,093.
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, NM is a hidden gem in the Sacramento Mountains, offering a peaceful retreat and a close-knit community. With stunning natural beauty and abundant recreational activities, it is ideal for outdoor enthusiasts and those looking to escape urban life. The area is serviced by amenities in Alamogordo, just a short drive away.
Current Market Conditions in Timberon, NM
The real estate market in Timberon is currently characterized by a mix of seasonal homes and permanent residences. Prices have experienced fluctuations akin to seasonal demand, especially during the summer months when tourism peaks. Recent trends indicate a gradual increase in buyer interest as more individuals seek second homes or remote living options, driving prices and activity upward.
There is a growing trend of remote workers and retirees moving to Timberon, attracted by its natural beauty and relaxed lifestyle. The community's charm and recreational opportunities, such as hiking and fishing, continue to appeal to buyers looking for a different pace of life.
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 $83,500.00. 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 $120,205.00, with the most expensive house
in Timberon, NM, topping out
at $735,093.00 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.
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