Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Estancia, NM area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Estancia, NM and much more. Save thousands at closing with home foreclosure listings in Estancia, NM — up to 75% off market value!
Estancia is located in Torrance, New Mexico, with an estimated municipal population of 1,571 residents. All of the best foreclosed homes for sale in Estancia are located in the following zip code areas on Foreclosure.com: 87016. The estimated population per square kilometer (.62 miles) in Estancia is 98.
So, about how much do homes cost in Estancia? The most recent median value of resident-owned homes in Estancia is 109,742. An estimated 67 percent of households in Estancia own their homes, with an average family size of 3.47. The median household income in Estancia is 30,450, with13.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Estancia, the median commute time of resident workers (in minutes) is 23.5. And last, but certainly not least, are you looking for homes to rent in Estancia? If so, the average rent price paid by renters in Estancia is 622, 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 Estancia, 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 Estancia is 35.6, split between 70.8 percent male versus 29.2 female. The percentage of residents who report being married in Estancia is 44.7, with an average family size of 3.47.
The percentage of residents who report their race in Estancia is as follows:
|Black / African American||1.5%|
|American Indian / Alaskan Native||1.8%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Estancia? Or maybe you are searching for 55+ active adult communities in and/or near Estancia?
The percentage of residents who report their age in Estancia 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 Estancia with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Estancia.
How do you know that living in -- or moving to -- Estancia is right where you need to be? Perhaps you grew up in Estancia or already live nearby; therefore, the decision to buy a home in Estancia is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Estancia 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 Estancia:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Estancia.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Estancia can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Estancia, meanwhile, can field multiple offers from more qualified buyers.