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Land Foreclosures in Tucumcari, NM

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Tucumcari, NM Foreclosures

Current Market Conditions in in Tucumcari, NM As of February 2026?
Over the past month, Tucumcari has seen a steady demand for homes, with inventory remaining relatively low compared to current buyer interest. This can lead to competitive offers on desirable properties, although many houses remain priced within reach. First-time buyers are continuing to enter the market, while the options for those looking to sell are becoming increasingly favorable as buyers recognize the value of the area’s affordability and lifestyle.
How much do homes sell for in Tucumcari, NM?
The average home price is currently $110,869.
What’s the average rental cost in Tucumcari, NM?
The average rental price in Tucumcari is $788.
What is the most expensive home in Tucumcari?
The most expensive home sold in Tucumcari had a price of $1,973,828.
What is currently the cheapest priced home in Tucumcari, NM?
The cheapest home for sale in Tucumcari is priced at $33,348.

Living in Tucumcari, NM

Tucumcari offers a unique blend of history and culture with its iconic Route 66 heritage. This small town is known for its friendly community, and it provides a variety of amenities and recreational opportunities including parks and outdoor activities. Ideal for families and retirees alike, Tucumcari's real estate options cater to diverse needs.

Buyer vs Seller Market in Tucumcari, NM

The Tucumcari real estate market is relatively stable, offering affordable housing options that are attractive to first-time buyers and retirees. The market is characterized by single-family homes with an increasing demand due to its affordability compared to larger urban areas. Properties tend to be reasonably priced, allowing buyers to find homes within their budget, ensuring a steady flow of investments from those seeking affordable living.

Recent trends have shown a slight uptick in home values as more buyers are discovering the charm of this small town, along with its proximity to various outdoor recreational opportunities. The growth of remote work has also brought in new residents looking for affordable housing with a welcoming community atmosphere.

Home Value Estimator For Tucumcari, NM

There are currently 3,022 real estate properties in Tucumcari, NM, with a median automated valuation model (AVM) price of $90,801.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Tucumcari, 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 Tucumcari, NM, is $110,869.00, with the most expensive house in Tucumcari, NM, topping out at $1,973,828.00 and the cheapest home in Tucumcari, NM, clocking in at $33,348.00. In other words, there’s something for every potential homebuyer or savvy investor in Tucumcari, NM!

Rent Prices In Tucumcari, NM

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Tucumcari, NM, is on a rollercoaster ride. The average rent price in Tucumcari, NM, is $788.00. Indeed, when looking to rent in Tucumcari, NM, you can expect to pay as little as $430.00 or as much as $1,900.00, with the average rent median estimated to be $760.00. The good news is that finding an affordable and desirable property to rent in Tucumcari, 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.

Tucumcari, NM Land


Market Trend for Tucumcari, NM

Total Listings Available: 0

Market Values:

Home Prices from $33,348 to $1,973,828

Average Sales Price: $110,869

Rental Values:

Rental from $430 to $1,900

Average Rent Value: $788 / month

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