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Foreclosure Homes in Taos, NM

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5 View this home at A Mabel Dodge Lane Taos NM 87571
Foreclosure
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A Mabel Dodge Lane
Taos, NM 87571
10 |
10
AUCTION: 03-19-2024
10 |
10
View this home at E Us Highway 64 Taos NM 87571
Preforeclosure
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E Us Highway 64
Taos, NM 87571
0
AUCTION: 03-20-2024
0
View this home at E Highway 64 Taos NM 87571
Preforeclosure
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E Highway 64
Taos, NM 87571
Single-Family
AUCTION: 03-20-2024
Single-Family
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Taos, NM Foreclosures

How much do homes sell for in Taos, NM?
The average home price is currently $511,232.
In Taos, NM, how many homes are available?
There are currently 2,611 active home listings available in Taos.
What’s the average rental cost in Taos, NM?
The average rental price in Taos is $1,224.
What is the most expensive home in Taos, New Mexico?
The most expensive home sold in Taos had a price of $5,500,000.
What is currently the cheapest priced home in Taos, NM?
The cheapest home for sale in Taos is priced at $41,476.

Home Value Estimator For Taos, NM

There are currently 2,611 real estate properties in Taos, NM, with a median automated valuation model (AVM) price of $408,900.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Taos, 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 Taos, NM, is $511,232.00, with the most expensive house in Taos, NM, topping out at $5,500,000.00 and the cheapest home in Taos, NM, clocking in at $41,476.00. In other words, there’s something for every potential homebuyer or savvy investor in Taos, NM!


Rent Prices In Taos, NM

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Taos, NM, is on a rollercoaster ride. The average rent price in Taos, NM, is $1,224.00. Indeed, when looking to rent in Taos, NM, you can expect to pay as little as $690.00 or as much as $2,280.00, with the average rent median estimated to be $1,170.00. The good news is that finding an affordable and desirable property to rent in Taos, 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.


Top Reasons To Live In Taos, NM In 2024

Taos is located in Taos, New Mexico, with an estimated municipal population of 5,929 residents. All of the best foreclosed homes for sale in Taos are located in the following zip code areas on Foreclosure.com: 87571. The estimated population per square kilometer (.62 miles) in Taos is 381.


Cost Of Living In Taos, NM

So, about how much do homes cost in Taos? The most recent median value of resident-owned homes in Taos is 255,390. An estimated 58.6 percent of households in Taos own their homes, with an average family size of 2.91. The median household income in Taos is 29,300, with11.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Taos, the median commute time of resident workers (in minutes) is 13.6. And last, but certainly not least, are you looking for homes to rent in Taos? If so, the average rent price paid by renters in Taos is 708, according to recent statistics.


Diversity And Demographics In Taos, 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 Taos, 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 Taos is 50.8, split between 43.1 percent male versus 56.9 female. The percentage of residents who report being married in Taos is 33, with an average family size of 2.91.

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

White 84.3%
Black / African American 0.2%
Asian 0.3%
American Indian / Alaskan Native 5.9%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 4.7%
Other 4.6%

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

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

Under 10 10.6%
Aged 10-19 8.7%
20s 6.8%
30s 11.1%
40s 11.8%
50s 13.8%
60s 17.4%
70s 12.3%
80+ 7.6%

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


Pros And Cons Of Living In Taos, New Mexico

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

  • 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 Taos.


Reasons To Move To Taos, New Mexico, In 2024

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

Taos, NM Foreclosures


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