Valencia County, NM Home Values & Market Trends
The median home price in Valencia County, NM is $260,281.19. There were 1,209 home sales in Valencia County, NM over the past 12 months. The median residential Valencia County, NM home value for transactions over the previous year is $100,000. The number of current listings in Valencia County, NM is 119, and the percentage of properties for sale is 119.00%. The county has 28 foreclosures, 4 bank owned properties, 6 headed for auction, and 119 properties for sale.
Valencia County, NM Real Estate Market Overview
Housing Market Summary for Valencia County, NM
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $281.4K | $250K | -11.17% |
| Median Sold Price | $265.3K | $250K | -5.78% |
| Homes For Sale | 120 | 111 | -7.50% |
| Homes Sold | 632 | 640 | 1.27% |
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 Valencia County, NM
Browse Homes in Valencia County, NM
Valencia County, NM home values range from $24,942 to $2,825,979. Peralta is the priciest city with a median listing home price of $499,990, and Belen is most affordable with average house prices of around $232,450.
- Pre-ForeclosurePre-foreclosure homes account for 0.06% of all residential properties in Valencia County, NM with Los Lunas containing 9 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 7 cities within Valencia County, NM; of those cities, the estimated home value for pre-foreclosure homes ranges from $359,000 in Los Lunas to the lowest home value of $151,684 in Belen.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Valencia County, NM ranges from the highest value of $361,791 in Los Lunas to the lowest value of $350,003 in Los Lunas. Bank owned homes and properties account for 0.01% of properties in Valencia County, NM. There are 7 cities within Valencia County, NM; Los Lunas containing 4 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsLos Lunas has 2 auction properties, the highest number of properties going to auction in a single city in the state of Valencia County, NM. Auction homes and other auction properties account for 0.02% of all properties in Valencia County, NM. There are 7 cities within Valencia County, NM; of those cities, the median estimated home value for homes going to auction ranges from $949,627 in Los Lunas to the lowest value of $161,113 in Los Lunas.
Compare Nearby Cities
More Real Estate Resources for Valencia County, NM
Guide for Valencia County, NM
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