Artesia, NM Home Values & Market Trends

Real estate market trends reflect that there have been 210 transactions over the past year in Artesia. The median value for residential home transactions that occurred over the previous year is $159,469.8. The number of current listings in Artesia is 12, and the percentage of properties for sale in the city is 12.00%. Artesia, NM currently has 5 properties in foreclosure, 3 bank owned properties, 1 properties headed for auction, and 12 properties for sale.

Artesia, NM Real Estate Market Overview

ZipMedian Est. Value
88210

$ 259,500

$ 144/sqft

Housing Market Summary for Artesia, NM

Apr 2023March 2024Change
Median Listing Price$229.5K$198.2K-13.65%
Median Sold Price$196K$198.2K1.11%
Homes For Sale1613-18.75%
Homes Sold10087-13.00%
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 Artesia, NM

Artesia home values range from $23,333 to $1,549,063. The median estimated value of a home in Artesia is $159,469.8. The median list price of a home is 249,750, and the total count of properties in the city is 6,035.

Foreclosure
There is 1 zips within Artesia, NM; within this zips, the median estimated home value for homes in foreclosure ranges from $341,483 in 88210 to the lowest value of $123,259 in 88210. Foreclosure homes account for 0.00% of properties in Artesia, NM with 88210 containing 5 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.02% of all residential properties in Artesia, NM with 88210 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Artesia, NM; of that zips, the estimated home value for pre-foreclosure homes ranges from $123,259 in 88210 to the lowest home value of $123,259 in 88210.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Artesia, NM ranges from the highest value of $341,483 in 88210 to the lowest value of $125,063 in 88210. Bank owned homes and properties account for 0.05% of properties in Artesia, NM. There is 1 zips within Artesia, NM; 88210 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    88210 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Artesia, NM. Auction homes and other auction properties account for 0.02% of all properties in Artesia, NM. There is 1 zips within Artesia, NM; of that zips, the median estimated home value for homes going to auction ranges from $286,095 in 88210 to the lowest value of $286,095 in 88210.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.20% of residential properties in Artesia, NM with 88210 containing 12 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Artesia, NM; homes for sale in that zips, have a range of median values from $729,416 in 88210 to the lowest value of $129,500 in 88210.
    Sold Homes
    The median value for recently sold homes ranges from $819,719 in 88210 to the lowest price of $26,227 in 88210. There is 1 zips within Artesia, NM. 88210 has 95 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.57% of properties in Artesia, NM.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Artesia, NM
      $
      $

      Guide for Artesia, NM

      Market Reports
      Santa Fe Real Estate Values Pulse Through Highs and Lows: Report of 2023-2024 Trends
      gavel for real estate auction
      Home Buying Guides & Tips
      New Mexico Foreclosure Laws
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      See More Articles
      Santa Fe Real Estate Values Pulse Through Highs and Lows: Report of 2023-2024 Trends
      Market Reports|posted 17 April 2024

      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.

      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

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Recently Listed Homes Artesia, NM

      No data to show