Roswell, NM Home Values & Market Trends

Real estate market trends reflect that there have been 777 transactions over the past year in Roswell. The median value for residential home transactions that occurred over the previous year is $160,612.17. The number of current listings in Roswell is 75, and the percentage of properties for sale in the city is 75.00%. Roswell, NM currently has 23 properties in foreclosure, 10 bank owned properties, 13 properties headed for auction, and 75 properties for sale.

Roswell, NM Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
88203

$ 177,774

$ 116/sqft

88201

$ 301,705

$ 138/sqft

Housing Market Summary for Roswell, NM

Mar 2023February 2024Change
Median Listing Price$220K$166.5K-24.33%
Median Sold Price$158.2K$166.5K5.20%
Homes For Sale5781460.00%
Homes Sold465387-16.77%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Roswell, NM

Roswell home values range from $23,348 to $23,757,513. The median estimated value of a home in Roswell is $160,612.17. The median list price of a home is 190,000, and the total count of properties in the city is 20,680.

Foreclosure
There are 2 zips within Roswell, NM; within these zips, the median estimated home value for homes in foreclosure ranges from $233,000 in 88201 to the lowest value of $55,302 in 88201. Foreclosure homes account for 0.00% of properties in Roswell, NM with 88203 containing 14 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Roswell, NM with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Roswell, NM; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Roswell, NM ranges from the highest value of $215,250 in 88203 to the lowest value of $55,302 in 88201. Bank owned homes and properties account for 0.05% of properties in Roswell, NM. There are 2 zips within Roswell, NM; 88203 containing 6 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    88203 has 8 auction properties, the highest number of properties going to auction in a single zip in the state of Roswell, NM. Auction homes and other auction properties account for 0.06% of all properties in Roswell, NM. There are 2 zips within Roswell, NM; of those zips, the median estimated home value for homes going to auction ranges from $233,000 in 88203 to the lowest value of $74,707 in 88203.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.36% of residential properties in Roswell, NM with 88203 containing 44 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Roswell, NM; homes for sale in those zips, have a range of median values from $1,334,125 in 88201 to the lowest value of $35,000 in 88203.
    Sold Homes
    The median value for recently sold homes ranges from $2,062,861 in 88201 to the lowest price of $24,199 in 88201. There are 2 zips within Roswell, NM. 88201 has 197 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.79% of properties in Roswell, NM.

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      Guide for Roswell, NM

      gavel for real estate auction
      Home Buying Guides & Tips
      New Mexico Foreclosure Laws
      Wholesale
      4 Tips on How To Buy a House Wholesale
      A new home
      Home Buying Financing
      How Much Should You Spend On Your First Home?
      California
      Oakland Real Estate Market Experiences Cooling Trend After 2023 Peak: Overview & Analysis
      See More Articles
      gavel for real estate auction
      New Mexico Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Learn more about the New Mexico foreclosure laws, the NM judicial foreclosure process and timelines on RealtyTrac

      4 Tips on How To Buy a House Wholesale
      Wholesale|posted 8 March 2024

      Looking to buy a house wholesale? Discover 4 essential tips to navigate the wholesale real estate market successfully.

      A new home
      How Much Should You Spend On Your First Home?
      Home Buying Financing|posted 6 March 2024

      Learn about the key factors to consider when determining how much to spend on your first home.

      Oakland Real Estate Market Experiences Cooling Trend After 2023 Peak: Overview & Analysis
      California|posted 6 March 2024

      Oakland’s real estate market, along with its neighboring cities, experienced a peak in 2023 but slowly began to cool off in 2024.