There are currently 4 real estate properties in Carrizozo, NM, with a median automated valuation model (AVM) price of $73,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Carrizozo, 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 Carrizozo, NM, is $164,350.00, with the most expensive house in Carrizozo, NM, topping out at $416,700.00 and the cheapest home in Carrizozo, NM, clocking in at $41,700.00. In other words, there’s something for every potential homebuyer or savvy investor in Carrizozo, NM!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Carrizozo, NM, is on a rollercoaster ride. The average rent price in Carrizozo, NM, is $1,143.00. Indeed, when looking to rent in Carrizozo, NM, you can expect to pay as little as $950.00 or as much as $1,580.00, with the average rent median estimated to be $950.00. The good news is that finding an affordable and desirable property to rent in Carrizozo, 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 Carrizozo, NM area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Carrizozo, NM and much more. Save thousands at closing with home foreclosure listings in Carrizozo, NM — up to 75% off market value!
Carrizozo is located in Lincoln, New Mexico, with an estimated municipal population of 935 residents. All of the best foreclosed homes for sale in Carrizozo are located in the following zip code areas on Foreclosure.com: 88301. The estimated population per square kilometer (.62 miles) in Carrizozo is 43.
So, about how much do homes cost in Carrizozo? The most recent median value of resident-owned homes in Carrizozo is 62,814. An estimated 81.1 percent of households in Carrizozo own their homes, with an average family size of 2.98. The median household income in Carrizozo is 29,196, with3.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Carrizozo, the median commute time of resident workers (in minutes) is 8.7. And last, but certainly not least, are you looking for homes to rent in Carrizozo? If so, the average rent price paid by renters in Carrizozo is 575, 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 Carrizozo, 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 Carrizozo is 44.5, split between 52.2 percent male versus 47.8 female. The percentage of residents who report being married in Carrizozo is 31.9, with an average family size of 2.98.
The percentage of residents who report their race in Carrizozo is as follows:
| White | 88.7% |
| Black / African American | 0.8% |
| Asian | 0% |
| American Indian / Alaskan Native | 6.7% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 2.5% |
| Other | 1.3% |
Looking for family-friendly neighborhoods in and/or near Carrizozo? Or maybe you are searching for 55+ active adult communities in and/or near Carrizozo?
The percentage of residents who report their age in Carrizozo is as follows:
| Under 10 | 6.7% |
| Aged 10-19 | 9.9% |
| 20s | 18.9% |
| 30s | 11.3% |
| 40s | 10.7% |
| 50s | 16.7% |
| 60s | 10.4% |
| 70s | 11.5% |
| 80+ | 4.1% |
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 Carrizozo with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Carrizozo.
How do you know that living in -- or moving to -- Carrizozo is right where you need to be? Perhaps you grew up in Carrizozo or already live nearby; therefore, the decision to buy a home in Carrizozo is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Carrizozo 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 Carrizozo:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Carrizozo.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Carrizozo can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Carrizozo, meanwhile, can field multiple offers from more qualified buyers.
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