Preforeclosure Homes in Aztec, NM

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View this home at Road 2899 Aztec NM 87410
$358,614 EMV
Road 2899
Aztec, NM 87410
EST. RENT: $1,400
AUCTION: 06-13-2024
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Home Value Estimator For Aztec, NM

There are currently 6,961 real estate properties in Aztec, NM, with a median automated valuation model (AVM) price of $229,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Aztec, 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 Aztec, NM, is $255,498.00, with the most expensive house in Aztec, NM, topping out at $1,975,000.00 and the cheapest home in Aztec, NM, clocking in at $12,571.00. In other words, there’s something for every potential homebuyer or savvy investor in Aztec, NM!

Rent Prices In Aztec, NM

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Aztec, NM, is on a rollercoaster ride. The average rent price in Aztec, NM, is $1,128.00. Indeed, when looking to rent in Aztec, NM, you can expect to pay as little as $580.00 or as much as $2,520.00, with the average rent median estimated to be $1,110.00. The good news is that finding an affordable and desirable property to rent in Aztec, 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.

Top Reasons To Live In Aztec, NM In 2024

Aztec is located in San Juan, New Mexico, with an estimated municipal population of 6,369 residents. All of the best foreclosed homes for sale in Aztec are located in the following zip code areas on 87410. The estimated population per square kilometer (.62 miles) in Aztec is 195.

Cost Of Living In Aztec, NM

So, about how much do homes cost in Aztec? The most recent median value of resident-owned homes in Aztec is 155,228. An estimated 54.9 percent of households in Aztec own their homes, with an average family size of 3.33. The median household income in Aztec is 45,870, with14.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Aztec, the median commute time of resident workers (in minutes) is 24.5. And last, but certainly not least, are you looking for homes to rent in Aztec? If so, the average rent price paid by renters in Aztec is 781, according to recent statistics.

Diversity And Demographics In Aztec, New Mexico

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 Aztec, 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 Aztec is 32.6, split between 43.3 percent male versus 56.7 female. The percentage of residents who report being married in Aztec is 41.8, with an average family size of 3.33.

The percentage of residents who report their race in Aztec is as follows:

White 72.6%
Black / African American 1.6%
Asian 0.3%
American Indian / Alaskan Native 17.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3%
Other 5.3%

Looking for family-friendly neighborhoods in and/or near Aztec? Or maybe you are searching for 55+ active adult communities in and/or near Aztec?

The percentage of residents who report their age in Aztec is as follows:

Under 10 17.4%
Aged 10-19 11.4%
20s 15.2%
30s 16.8%
40s 9.1%
50s 8.4%
60s 9.9%
70s 7.3%
80+ 4.5%

Best Schools In Aztec, New Mexico

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 Aztec with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Aztec.

Pros And Cons Of Living In Aztec, New Mexico

How do you know that living in -- or moving to -- Aztec is right where you need to be? Perhaps you grew up in Aztec or already live nearby; therefore, the decision to buy a home in Aztec is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Aztec 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 Aztec:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Aztec.

Reasons To Move To Aztec, New Mexico, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Aztec can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Aztec, meanwhile, can field multiple offers from more qualified buyers.

Aztec, NM Preforeclosure Homes


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