There are currently 1,325 real estate properties in Clovis, NM, with a median automated valuation model (AVM) price of $170,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Clovis, 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 Clovis, NM, is $194,339.00, with the most expensive house in Clovis, NM, topping out at $2,107,800.00 and the cheapest home in Clovis, NM, clocking in at $19,600.00. In other words, there’s something for every potential homebuyer or savvy investor in Clovis, NM!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Clovis, NM, is on a rollercoaster ride. The average rent price in Clovis, NM, is $1,147.00. Indeed, when looking to rent in Clovis, NM, you can expect to pay as little as $580.00 or as much as $2,480.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Clovis, 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 Clovis, NM area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Clovis, NM and much more. Save thousands at closing with home foreclosure listings in Clovis, NM — up to 75% off market value!
Clovis is located in Curry, New Mexico, with an estimated municipal population of 38,319 residents. All of the best foreclosed homes for sale in Clovis are located in the following zip code areas on Foreclosure.com: 88101 88102. The estimated population per square kilometer (.62 miles) in Clovis is 626.
So, about how much do homes cost in Clovis? The most recent median value of resident-owned homes in Clovis is 126,438. An estimated 55.4 percent of households in Clovis own their homes, with an average family size of 3.29. The median household income in Clovis is 43,111, with12.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Clovis, the median commute time of resident workers (in minutes) is 15.6. And last, but certainly not least, are you looking for homes to rent in Clovis? If so, the average rent price paid by renters in Clovis is 822, 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 Clovis, 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 Clovis is 31.3, split between 51.9 percent male versus 48.1 female. The percentage of residents who report being married in Clovis is 41.7, with an average family size of 3.29.
The percentage of residents who report their race in Clovis is as follows:
|Black / African American||5.7%|
|American Indian / Alaskan Native||0.9%|
|Native Hawaiian / Other Pacifc Islander||0.4%|
Looking for family-friendly neighborhoods in and/or near Clovis? Or maybe you are searching for 55+ active adult communities in and/or near Clovis?
The percentage of residents who report their age in Clovis 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 Clovis with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Clovis.
How do you know that living in -- or moving to -- Clovis is right where you need to be? Perhaps you grew up in Clovis or already live nearby; therefore, the decision to buy a home in Clovis is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Clovis 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 Clovis:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Clovis.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Clovis can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Clovis, meanwhile, can field multiple offers from more qualified buyers.