Roosevelt County, NM Home Values & Market Trends

The median home price in Roosevelt County, NM is $127,228.46. There were 294 home sales in Roosevelt County, NM over the past 12 months. The median residential Roosevelt County, NM home value for transactions over the previous year is $0. The number of current listings in Roosevelt County, NM is 41, and the percentage of properties for sale is 41.00%. The county has 4 foreclosures, 2 bank owned properties, 2 headed for auction, and 41 properties for sale.

Roosevelt County, NM Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Portales

$ 209,752

$ 111/sqft

Kenna

$ --

$ --

Milnesand

$ --

$ --

Floyd

$ --

$ --

Elida

$ --

$ --

Lingo

$ --

$ --

Causey

$ --

$ --

Pep

$ --

$ --

Rogers

$ --

$ --

Dora

$ --

$ --

Housing Market Summary for Roosevelt County, NM

Apr 2023March 2024Change
Median Listing Price$232.7K$131.7K-43.38%
Median Sold Price$116K$131.7K13.62%
Homes For Sale2448100.00%
Homes Sold119116-2.52%
Price
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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%.

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Browse Homes in Roosevelt County, NM

Roosevelt County, NM home values range from $25,892 to $4,073,874. Portales is the priciest city with a median listing home price of $174,900, and Portales is most affordable with average house prices of around $174,900.

Foreclosure
There are 10 cities within Roosevelt County, NM; within these cities, the median estimated home value for homes in foreclosure ranges from $211,263 in Elida to the lowest value of $31,000 in Elida. Foreclosure homes account for 0.00% of properties in Roosevelt County, NM with Portales containing 3 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Roosevelt County, NM with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 10 cities within Roosevelt County, NM; of those cities, 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 Owned
    The median estimated home value of bank owned homes (REO properties) in Roosevelt County, NM ranges from the highest value of $31,000 in Portales to the lowest value of $31,000 in Elida. Bank owned homes and properties account for 0.02% of properties in Roosevelt County, NM. There are 10 cities within Roosevelt County, NM; Elida containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Portales has 2 auction properties, the highest number of properties going to auction in a single city in the state of Roosevelt County, NM. Auction homes and other auction properties account for 0.02% of all properties in Roosevelt County, NM. There are 10 cities within Roosevelt County, NM; of those cities, the median estimated home value for homes going to auction ranges from $211,263 in Portales to the lowest value of $126,508 in Portales.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.51% of residential properties in Roosevelt County, NM with Portales containing 41 homes for sale, the highest number of listed properties in a single city. There are 10 cities within Roosevelt County, NM; homes for sale in those cities, have a range of median values from $535,597 in Portales to the lowest value of $55,000 in Portales.
    Sold Homes
    The median value for recently sold homes ranges from $503,073 in Portales to the lowest price of $31,327 in Portales. There are 10 cities within Roosevelt County, NM. Portales has 115 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.42% of properties in Roosevelt County, NM.

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      Guide for Roosevelt County, NM

      gavel for real estate auction
      Home Buying Guides & Tips
      New Mexico Foreclosure Laws
      Market Reports
      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Fix and Flip
      Tallahassee’s Real Estate Market A in Review 2023-2024
      Market Reports
      Knoxville Real Estate Market Report, April 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

      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Market Reports|posted 10 April 2024

      The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.

      Tallahassee’s Real Estate Market A in Review 2023-2024
      Fix and Flip|posted 10 April 2024

      An analysis of the Tallahassee real estate market from April 2023 to March 2024 shows fluctuating property values and sale prices, yet consistently strong market activity, indicating a healthy and dynamic property landscape.

      Knoxville Real Estate Market Report, April 2024
      Market Reports|posted 9 April 2024

      The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.

      Recently Listed Homes Roosevelt County, NM

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