Foreclosure Homes in Lordsburg, NM

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1 Arnold-st-Lordsburg-NM-88045
$69,700 EMV

Arnold St
Lordsburg, NM 88045

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Home Value Estimator For Lordsburg, NM

There are currently 263 real estate properties in Lordsburg, NM, with a median automated valuation model (AVM) price of $192,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lordsburg, 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 Lordsburg, NM, is $194,027.00, with the most expensive house in Lordsburg, NM, topping out at $342,000.00 and the cheapest home in Lordsburg, NM, clocking in at $53,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Lordsburg, NM!

Rent Prices In Lordsburg, NM

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lordsburg, NM, is on a rollercoaster ride. The average rent price in Lordsburg, NM, is $833.00. Indeed, when looking to rent in Lordsburg, NM, you can expect to pay as little as $570.00 or as much as $1,070.00, with the average rent median estimated to be $860.00. The good news is that finding an affordable and desirable property to rent in Lordsburg, 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.

Foreclosure Homes in Lordsburg, NM

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Lordsburg, NM area at Get information on foreclosure homes for rent, how to buy foreclosures in Lordsburg, NM and much more. Save thousands at closing with home foreclosure listings in Lordsburg, NM — up to 75% off market value!

Top Reasons To Live In Lordsburg, NM In 2021

Lordsburg is located in Hidalgo, New Mexico, with an estimated municipal population of 2,398 residents. All of the best foreclosed homes for sale in Lordsburg are located in the following zip code areas on 88045. The estimated population per square kilometer (.62 miles) in Lordsburg is 109.

Cost Of Living In Lordsburg, NM

So, about how much do homes cost in Lordsburg? The most recent median value of resident-owned homes in Lordsburg is 73,690. An estimated 60.3 percent of households in Lordsburg own their homes, with an average family size of 3.3. The median household income in Lordsburg is 34,836, with9.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lordsburg, the median commute time of resident workers (in minutes) is 16.8. And last, but certainly not least, are you looking for homes to rent in Lordsburg? If so, the average rent price paid by renters in Lordsburg is 485, according to recent statistics.

Diversity And Demographics In Lordsburg, 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 Lordsburg, 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 Lordsburg is 36.3, split between 48.5 percent male versus 51.5 female. The percentage of residents who report being married in Lordsburg is 39.3, with an average family size of 3.3.

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

White 93.4%
Black / African American 1.5%
Asian 0%
American Indian / Alaskan Native 1.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.6%
Other 2.4%

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

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

Under 10 16.4%
Aged 10-19 12.4%
20s 12.3%
30s 14.5%
40s 5.8%
50s 11%
60s 13.3%
70s 8%
80+ 6.3%

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

Pros And Cons Of Living In Lordsburg, New Mexico

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

  • 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 Lordsburg.

Reasons To Move To Lordsburg, New Mexico, In 2021

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


Listing types in Lordsburg, NM

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