There are currently 93 real estate properties in San Rafael, NM, with a median automated valuation model (AVM) price of $71,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in San Rafael, 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 San Rafael, NM, is $85,165.00, with the most expensive house in San Rafael, NM, topping out at $434,000.00 and the cheapest home in San Rafael, NM, clocking in at $15,600.00. In other words, there’s something for every potential homebuyer or savvy investor in San Rafael, NM!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in San Rafael, NM, is on a rollercoaster ride. The average rent price in San Rafael, NM, is $854.00. Indeed, when looking to rent in San Rafael, NM, you can expect to pay as little as $560.00 or as much as $1,510.00, with the average rent median estimated to be $910.00. The good news is that finding an affordable and desirable property to rent in San Rafael, 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 San Rafael, NM area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in San Rafael, NM and much more. Save thousands at closing with home foreclosure listings in San Rafael, NM — up to 75% off market value!
San Rafael is located in Cibola, New Mexico, with an estimated municipal population of 1,413 residents. All of the best foreclosed homes for sale in San Rafael are located in the following zip code areas on Foreclosure.com: 87051. The estimated population per square kilometer (.62 miles) in San Rafael is 52.
So, about how much do homes cost in San Rafael? The most recent median value of resident-owned homes in San Rafael is 86,964. An estimated 100 percent of households in San Rafael own their homes, with an average family size of 3.38. The median household income in San Rafael is 67,125, with0 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in San Rafael, the median commute time of resident workers (in minutes) is 24.6.
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 San Rafael, 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 San Rafael is 35.3, split between 55.3 percent male versus 44.7 female. The percentage of residents who report being married in San Rafael is 35.4, with an average family size of 3.38.
The percentage of residents who report their race in San Rafael is as follows:
|Black / African American||0%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near San Rafael? Or maybe you are searching for 55+ active adult communities in and/or near San Rafael?
The percentage of residents who report their age in San Rafael 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 San Rafael with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in San Rafael.
How do you know that living in -- or moving to -- San Rafael is right where you need to be? Perhaps you grew up in San Rafael or already live nearby; therefore, the decision to buy a home in San Rafael is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to San Rafael 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 San Rafael:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like San Rafael.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in San Rafael can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in San Rafael, meanwhile, can field multiple offers from more qualified buyers.
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