Real-Time Real Estate Market Report
Corrales, NM 87048
Single-Family Homes
Have the Market Insight Before You Buy or Sell
Corrales, NM 87048
Mon Sep 14 2026
This week the median list price for Corrales, NM 87048 is $892,450 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has increased to 40.
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 | $892,450 | |
| Median Price of New Listings | $1,023,250 | |
| Per Square Foot | $294 | |
| Average Days on Market | 112 | |
| Median Days on Market | 77 | |
| Price Decreased | 63% | |
| Price Increased | 0% | |
| Relisted | 5% | |
| Inventory | 40 | |
| Median Rent | ||
| Market Action | 34 | |
| Slight Seller's Advantage | ||
Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
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 |
|---|---|---|---|---|---|---|---|---|
| $1,534,900 | 4,571 | 1 - 2.5 acres | 4 | 3.8 | 31 | 0 | 0 | 115 |
| $951,500 | 3,380 | 1 - 2.5 acres | 4 | 3.3 | 27 | 1 | 0 | 80 |
| $809,500 | 3,007 | 1 - 2.5 acres | 3 | 2.8 | 31 | 1 | 1 | 101 |
| $627,000 | 2,273 | 1 - 2.5 acres | 3 | 2 | 35 | 0 | 0 | 35 |