Alto, NM Home Values & Market Trends
Real estate market trends reflect that there have been 150 transactions over the past year in Alto. The median value for residential home transactions that occurred over the previous year is $634,815.9. The number of current listings in Alto is 5, and the percentage of properties for sale in the city is 5.00%. Alto, NM currently has 3 properties in foreclosure, 1 bank owned properties, 0 properties headed for auction, and 5 properties for sale.
Alto, NM Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 88312 | $ 969,500 $ 313/sqft |
Housing Market Summary for Alto, NM
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $1.1M | $726.8K | -36.52% |
| Median Sold Price | $427.1K | $726.8K | 70.17% |
| Homes For Sale | 4 | 8 | 100.00% |
| Homes Sold | 73 | 74 | 1.37% |
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 Alto, NM
Browse Homes in Alto, NM
Alto home values range from $37,157 to $5,075,217. The median estimated value of a home in Alto is $634,815.9. The median list price of a home is 770,000, and the total count of properties in the city is 2,615.
- Pre-ForeclosurePre-foreclosure homes account for 0.08% of all residential properties in Alto, NM with 88312 containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Alto, NM; of that zips, the estimated home value for pre-foreclosure homes ranges from $774,883 in 88312 to the lowest home value of $206,297 in 88312.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Alto, NM ranges from the highest value of $167,464 in 88312 to the lowest value of $167,464 in 88312. Bank owned homes and properties account for 0.04% of properties in Alto, NM. There is 1 zips within Alto, NM; 88312 containing 1 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 Alto, NM. Auction homes and other auction properties account for 0% of all properties in Alto, NM. There is 1 zips within Alto, 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.
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More Real Estate Resources for Alto, NM
Guide for Alto, NM
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