Eddy County, NM Home Values & Market Trends

The median home price in Eddy County, NM is $168,775.27. There were 725 home sales in Eddy County, NM over the past 12 months. The median residential Eddy County, NM home value for transactions over the previous year is $142,450. The number of current listings in Eddy County, NM is 28, and the percentage of properties for sale is 28.00%. The county has 21 foreclosures, 7 bank owned properties, 6 headed for auction, and 28 properties for sale.

Eddy County, NM Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Carlsbad

$ 347,543

$ 174/sqft

Loving

$ --

$ --

Artesia

$ 365,000

$ 190/sqft

Malaga

$ --

$ --

Hope

$ 122,900

$ 174/sqft

Lakewood

$ --

$ --

Loco Hills

$ --

$ --

Whites City

$ --

$ --

Housing Market Summary for Eddy County, NM

Mar 2023February 2024Change
Median Listing Price$243.9K$203.5K-16.60%
Median Sold Price$193.4K$203.5K5.20%
Homes For Sale5025-50.00%
Homes Sold3743801.60%
Price
$/Sqft
Homes For Sale
0
0

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%.

0
0

Browse Homes in Eddy County, NM

Eddy County, NM home values range from $22,999 to $2,734,913. Carlsbad is the priciest city with a median listing home price of $334,500, and Hope is most affordable with average house prices of around $80,000.

Foreclosure
There are 8 cities within Eddy County, NM; within these cities, the median estimated home value for homes in foreclosure ranges from $285,681 in Carlsbad to the lowest value of $91,838 in Carlsbad. Foreclosure homes account for 0.00% of properties in Eddy County, NM with Carlsbad containing 18 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.04% of all residential properties in Eddy County, NM with Carlsbad containing 8 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 8 cities within Eddy County, NM; of those cities, the estimated home value for pre-foreclosure homes ranges from $421,954 in Carlsbad to the lowest home value of $91,838 in Carlsbad.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Eddy County, NM ranges from the highest value of $322,776 in Artesia to the lowest value of $138,904 in Carlsbad. Bank owned homes and properties account for 0.03% of properties in Eddy County, NM. There are 8 cities within Eddy County, NM; Carlsbad containing 5 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Carlsbad has 5 auction properties, the highest number of properties going to auction in a single city in the state of Eddy County, NM. Auction homes and other auction properties account for 0.03% of all properties in Eddy County, NM. There are 8 cities within Eddy County, NM; of those cities, the median estimated home value for homes going to auction ranges from $161,134 in Artesia to the lowest value of $103,647 in Artesia.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.14% of residential properties in Eddy County, NM with Carlsbad containing 14 homes for sale, the highest number of listed properties in a single city. There are 8 cities within Eddy County, NM; homes for sale in those cities, have a range of median values from $122,900 in Hope to the lowest value of $77,702 in Carlsbad.
    Sold Homes
    The median value for recently sold homes ranges from $309,900 in Loving to the lowest price of $26,710 in Loving. There are 8 cities within Eddy County, NM. Carlsbad has 261 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.79% of properties in Eddy County, NM.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Eddy County, NM
      $
      $

      Guide for Eddy County, NM

      gavel for real estate auction
      Home Buying Guides & Tips
      New Mexico Foreclosure Laws
      Investing Strategies
      How To Decide Which Real Estate Market To Invest In
      New York
      Garland Shows Steady Growth and Stability from April 2023 to February 2024
      Market Reports
      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      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

      How To Decide Which Real Estate Market To Invest In
      Investing Strategies|posted 8 March 2024

      We list the key factors and strategies to consider when deciding which real estate market to invest in.

      Garland Shows Steady Growth and Stability from April 2023 to February 2024
      New York|posted 8 March 2024

      The Garland real estate market shows signs of steady growth and stability, with average property values and per square foot prices seeing modest increases.

      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Market Reports|posted 8 March 2024

      The Memphis real estate market has shown significant growth from March 2023 to February 2024, with property values increasing by about 10% and sale prices also rising. Despite minor fluctuations in property sales and square foot values, the market displays considerable resilience, making Memphis an attractive option for real estate investment.

      Recently Listed Homes Eddy County, NM

      No data to show