Malaga, NM

Malaga is a small town located in the southern part of New Mexico. The population of Malaga was just over 1,000 people in 2010. The town is located on the banks of the Rio Grande and has a history dating back to 1881 when it was founded as a railroad stop. In 1906, Malaga became the county seat of Lincoln County and has remained so ever since.

Real estate in Malaga is primarily made up of small, single-family homes and apartments. There are also a few commercial properties available, but they are generally limited to businesses that serve the local community or those that are related to tourism. The average price for a home in Malaga is around $130,000 and there are usually several homes available for sale at any given time.

The primary source of income for residents of Malaga is typically derived from either government jobs or businesses that serve the local community. Because of this, there is usually not much demand for large homes or luxury items when it comes to real estate in Malaga. Instead, buyers typically focus on finding properties that fit their needs and budget while also taking into account the local amenities and attractions that are available in the area.