Algodones, NM Home Values & Market Trends
Real estate market trends reflect that there have been 5 transactions over the past year in Algodones. The median value for residential home transactions that occurred over the previous year is $326,007. The number of current listings in Algodones is 2, and the percentage of properties for sale in the city is 2.00%. Algodones, NM currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 2 properties for sale.
Algodones, NM Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 87001 | $ 656,284 $ 224/sqft |
Housing Market Summary for Algodones, NM
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $724.5K | $647.4K | -10.64% |
| Median Sold Price | $351.4K | $647.4K | 84.24% |
| Homes For Sale | 2 | 3 | 50.00% |
| Homes Sold | 3 | 3 | - |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Algodones, NM
Browse Homes in Algodones, NM
Algodones home values range from $53,321 to $2,643,032. The median estimated value of a home in Algodones is $326,007. The median list price of a home is 657,000, and the total count of properties in the city is 325.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Algodones, NM with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Algodones, NM; of that 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 OwnedThe median estimated home value of bank owned homes (REO properties) in Algodones, NM ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Algodones, NM. There is 1 zips within Algodones, NM; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Algodones, NM. Auction homes and other auction properties account for 0% of all properties in Algodones, NM. There is 1 zips within Algodones, NM; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Compare Nearby Cities
More Real Estate Resources for Algodones, NM
Guide for Algodones, NM
This article describes the fluctuating real estate market of Santa Fe and neighboring cities from July 2023 to March 2024, focusing on property values, sale prices, and number of sold homes.
Learn more about the New Mexico foreclosure laws, the NM judicial foreclosure process and timelines on RealtyTrac
Information on foreclosure financing, refinancing, and foreclosure mortgages.
Tulsa’s real estate market shows sharp seasonal fluctuations, a high turnover rate, and a balance between higher-end and more affordable properties compared to its neighboring cities.