Cheap Homes in Los Lunas, NM

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45 Jensen-ln-Belen-NM-87002
Fixer Upper
$45,000 List Price

3 Bed | 2 Bath

Displaying 1 - 1 of 1

Foreclosure Homes in Los Lunas, NM

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

Top Reasons To Live In Los Lunas, NM In 2022

Los Lunas is located in Valencia, New Mexico, with an estimated municipal population of 16,061 residents. All of the best foreclosed homes for sale in Los Lunas are located in the following zip code areas on 87031. The estimated population per square kilometer (.62 miles) in Los Lunas is 331.

Cost Of Living In Los Lunas, NM

So, about how much do homes cost in Los Lunas? The most recent median value of resident-owned homes in Los Lunas is 160,574. An estimated 72.9 percent of households in Los Lunas own their homes, with an average family size of 3.29. The median household income in Los Lunas is 56,250, with19.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Los Lunas, the median commute time of resident workers (in minutes) is 26.4. And last, but certainly not least, are you looking for homes to rent in Los Lunas? If so, the average rent price paid by renters in Los Lunas is 1,039, according to recent statistics.

Diversity And Demographics In Los Lunas, 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 Los Lunas, 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 Los Lunas is 36.8, split between 51.7 percent male versus 48.3 female. The percentage of residents who report being married in Los Lunas is 50.5, with an average family size of 3.29.

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

White 83.3%
Black / African American 2.9%
Asian 0.9%
American Indian / Alaskan Native 1.9%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 4.7%
Other 6.3%

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

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

Under 10 14.2%
Aged 10-19 14%
20s 12.5%
30s 13.8%
40s 11.3%
50s 12.7%
60s 11.5%
70s 6.4%
80+ 3.7%

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

Pros And Cons Of Living In Los Lunas, New Mexico

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

  • 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 Los Lunas.

Reasons To Move To Los Lunas, New Mexico, In 2022

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

Cheap Homes in Los Lunas, NM


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