Real-Time Real Estate Market Report
Corrales, NM 87048
Single-Family Homes
Have the Market Insight Before You Buy or Sell
Corrales, NM 87048
Wed Oct 07 2026
This week the median list price for Corrales, NM 87048 is $899,000 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has increased to 41.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.
Real-Time Market Profile
| Median List Price | $899,000 | |
| Median Price of New Listings | $404,900 | |
| Per Square Foot | $294 | |
| Average Days on Market | 117 | |
| Median Days on Market | 91 | |
| Price Decreased | 51% | |
| Price Increased | 0% | |
| Relisted | 2% | |
| Inventory | 41 | |
| Median Rent | ||
| Market Action | 35 | |
| Slight Seller's Advantage | ||
The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $1,800,000 | 4,620 | 1 - 2.5 acres | 4 | 3.5 | 26 | 0 | 1 | 42 |
| $1,025,000 | 3,322 | 1 - 2.5 acres | 4 | 3 | 27 | 0 | 0 | 70 |
| $867,500 | 3,053 | 1 - 2.5 acres | 3 | 3.3 | 27 | 0 | 1 | 108 |
| $642,250 | 2,244 | 0.5 - 1 acre | 3 | 2 | 41 | 1 | 0 | 94 |