Velarde, NM Foreclosures
How much do homes sell for in Velarde, NM?
The average home price is currently $258,419.
In Velarde, NM, how many homes are available?
There are currently 10 active home listings available in Velarde.
What’s the average rental cost in Velarde, NM?
The average rental price in Velarde is $0.
What is the most expensive home in Velarde?
The most expensive home sold in Velarde had a price of $942,994.
What is currently the cheapest priced home in Velarde, NM?
The cheapest home for sale in Velarde is priced at $36,800.
Living in Velarde, NM
Velarde, NM is a peaceful rural community situated in the picturesque Rio Grande Valley. Known for its stunning landscapes, outdoor activities, and cultural richness, Velarde provides a serene living environment just a short drive from the bustling city of Santa Fe. Ideal for families and retirees alike, this quaint town offers a true sense of community.
Current Market Conditions in Velarde, NM
The Velarde real estate market has shown a steady increase in demand due to its attractive rural setting and affordable living costs. Over the past few months, the average home prices have appreciated modestly, reflecting an overall healthy market. The demand for single-family homes remains high, particularly among buyers looking for a retreat from urban living, which further indicates a growing trend in this charming community.
Home Value Estimator For Velarde, NM
There are currently 213 real estate properties
in Velarde, NM,
with a median automated valuation model (AVM) price
of $244,086.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Velarde, 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 Velarde, NM,
is $258,419.00, with the most expensive house
in Velarde, NM, topping out
at $942,994.00 and the cheapest home
in Velarde, NM,
clocking in at $36,800.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Velarde, NM!
Rent Prices
In Velarde, NM
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Velarde, NM, is on
a rollercoaster ride. The
average rent price in Velarde, NM,
is $0.00. Indeed, when looking to rent in
Velarde, 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 Velarde, 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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