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New Mexico Bank Owned Homes & REO Properties

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Bank Owned Properties in New Mexico

Discover bank owned properties and browse opportunities in New Mexico, including the transition from a bank owned property to auction.

RealtyTrac can help you find New Mexico bank owned opportunities whether this is your first deal or you’re a seasoned investor. The average house price in New Mexico is 218,900.00, but bank owned homes often sell for much less. Our vast database of homes for sale from the bank is perfect for helping you find the best properties for you in New Mexico. You can use the filters to find bank owned homes that fit your investment criteria - search by neighborhood, price point, or property type. Remember, these properties move fast and may not be listed in other databases.

New Mexico Real Estate Facts

Active Residential Inventory
3,881
Total Inventory

Recently Sold Properties

15,330
Sold (Last 6 Months)
Foreclosures ( 1,648 )
42.5%
36.1%
Bank Owned ( 115 )
3.0%
Auctions ( 131 )
3.4%
For Sale ( 2,233 )
57.5%