Red River Real Estate Market

Red River Market

The median mortgage debt is $126,598.

Additional Statistics for Single Family Homes and Condos in Red River, NM
$302,400
Median Listing Price
222
Median Days on Market
35
Active Listings
2.9%
Distressed Listings
(foreclosures and short sales)
Red River, NM Price Trends - Sold vs. Listed
The median list price in May for single family homes in Red River is $354,250. The list prices dropped by -32.52% from the previous month.

The price per square foot for listings in this area is $190.

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Red River, NM Market Inventory Trends

The number of active listings in Red River increased by 2700% from the previous month.

The median number of days active properties have been listed is 229. This is much longer than the national average.

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Red River, NM Property Ownership

Red River has a high % of unoccupied properties. It is 55.58% more than the national average. This can drive sales prices down.

The percent of owner occupied properties in Red River is 42.29% below the national average.

The percent of rental properties in Red River is 10.49% below the national average.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.