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There are currently 1,119 real estate properties in Artesia, NM, with a median automated valuation model (AVM) price of $166,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Artesia, 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 Artesia, NM, is $200,713.00, with the most expensive house in Artesia, NM, topping out at $2,941,200.00 and the cheapest home in Artesia, NM, clocking in at $24,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Artesia, NM!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Artesia, NM, is on a rollercoaster ride. The average rent price in Artesia, NM, is $1,369.00. Indeed, when looking to rent in Artesia, NM, you can expect to pay as little as $610.00 or as much as $2,200.00, with the average rent median estimated to be $1,360.00. The good news is that finding an affordable and desirable property to rent in Artesia, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Artesia, NM area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Artesia, NM and much more. Save thousands at closing with home foreclosure listings in Artesia, NM — up to 75% off market value!
Artesia is located in Eddy, New Mexico, with an estimated municipal population of 12,356 residents. All of the best foreclosed homes for sale in Artesia are located in the following zip code areas on Foreclosure.com: 88210 88211. The estimated population per square kilometer (.62 miles) in Artesia is 434.
So, about how much do homes cost in Artesia? The most recent median value of resident-owned homes in Artesia is 183,806. An estimated 58.9 percent of households in Artesia own their homes, with an average family size of 3.13. The median household income in Artesia is 51,839, with26.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Artesia, the median commute time of resident workers (in minutes) is 14.8. And last, but certainly not least, are you looking for homes to rent in Artesia? If so, the average rent price paid by renters in Artesia is 834, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Artesia, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Artesia is 33.3, split between 48.9 percent male versus 51.1 female. The percentage of residents who report being married in Artesia is 51.8, with an average family size of 3.13.
The percentage of residents who report their race in Artesia is as follows:
|Black / African American||1.8%|
|American Indian / Alaskan Native||2.2%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Artesia? Or maybe you are searching for 55+ active adult communities in and/or near Artesia?
The percentage of residents who report their age in Artesia is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Artesia with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Artesia.
How do you know that living in -- or moving to -- Artesia is right where you need to be? Perhaps you grew up in Artesia or already live nearby; therefore, the decision to buy a home in Artesia is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Artesia for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Artesia:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Artesia.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Artesia can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Artesia, meanwhile, can field multiple offers from more qualified buyers.
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