Timberon, NM Foreclosures
How much do homes sell for in Timberon, NM?
The average home price is currently $115,309.
In Timberon, NM, how many homes are available?
There are currently 52 active home listings available in Timberon.
What’s the average rental cost in Timberon, NM?
The average rental price in Timberon is $771.
What is the most expensive home in Timberon?
The most expensive home sold in Timberon had a price of $644,311.
What is currently the cheapest priced home in Timberon, NM?
The cheapest home for sale in Timberon is priced at $35,466.
Living in Timberon, NM
Timberon, NM, is a charming mountain community offering tranquility and scenic beauty. Ideal for outdoor lovers, the area boasts hiking trails, forest landscapes, and a welcoming neighborhood vibe. With its close proximity to larger towns, Timberon remains a perfect balance between solitude and accessibility.
Current Market Conditions in Timberon, NM
Timberon’s real estate market has seen stable growth in recent months, largely due to the rise in interest among remote workers seeking a serene environment to live. Homes in Timberon are generally more affordable compared to neighboring areas, attracting first-time homebuyers and retirees alike.
The market is currently favoring sellers, with properties receiving offers quickly and listings often selling for above the asking price, driven by increasing demand for scenic, rural properties.
Home Value Estimator For Timberon, NM
There are currently 169 real estate properties
in Timberon, NM,
with a median automated valuation model (AVM) price
of $82,840.00. 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 $115,309.00, with the most expensive house
in Timberon, NM, topping out
at $644,311.00 and the cheapest home
in Timberon, NM,
clocking in at $35,466.00. 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 $771.00. 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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