Corrales Housing Market Report January 2025•Sandoval County, New Mexico

Housing Prices in Corrales, NM

How much do homes in Corrales, NM cost?

Housing Market Conditions

Is Corrales, NM a buyer’s or seller’s market?

Seller'sMarket

Buyer'sMarket

Corrales is a Neutral Market

Difference Since January 2024

At the same time last year, Corrales was a Buyer's Market.

Insight

Corrales is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

$684,900$294/SqFt

-$4,100

-0.6%

Based on all homes sold in the last 12 months

Insight

Homes in Corrales have sold for 0.6% less than they did a year ago.

Summary: The median home sold price in Corrales was $684,900 in January 2025, down 0.6% from last year, and the median price per square foot was $294.

Median Sold Price By Cities

City	Jan 2024	Jan 2025	Change YoY
Albuquerque	$334.1K	$349K	+4.5%
Rio Rancho	$350.8K	$358.2K	+2.1%
Corrales	$689K	$684.9K	-0.6%

Median Sold Price By Bedrooms

Beds	Jan 2024	Jan 2025	Change YoY
11 Bedroom	-	$482.8K	N/A
22 Bedrooms	$430K	$484.5K	+12.7%
33 Bedrooms	$616.2K	$655K	+6.3%
44 Bedrooms	$877K	$935K	+6.6%
55+ Bedrooms	$1.2M	$1.2M	-1.8%

Summary: Corrales housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +12.7%. The home price for 3 bedroom homes increased by +6.3%. The home price for 4 bedroom homes increased by +6.6%. The home price for 5 bedroom homes decreased by -1.8%.

Housing supply in Corrales, NM

How many homes are available in Corrales, NM?

Number of Homes For Sale

Last Month	2 months ago	Change MoM
42Last MonthJan 2025
512 months agoDec 2024	-17.6 % Change MoMDec – Jan

Summary: The Corrales real estate market had 42 homes for sale in Jan 2025, a 17.6 % decrease compared to Dec 2024.

Number of Homes Sold

Last Month	2 months ago	Change MoM
6Last MonthJan 2025
182 months agoDec 2024	-66.7 % Change MoMDec – Jan

Homes For Sale By Bedroom Count

Beds	Dec 2024	Jan 2025	Change MoM
11 Bedroom	2	1	-50.0%
22 Bedrooms	3	2	-33.3%
33 Bedrooms	21	17	-19.0%
44 Bedrooms	20	17	-15.0%
55+ Bedrooms	5	5	0.0%

Summary: Corrales housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -50.0%. The inventory for 2 bedroom homes decreased by -33.3%. The inventory for 3 bedroom homes decreased by -19.0%. The inventory for 4 bedroom homes decreased by -15.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Corrales, NM cost?

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price6 Homes

Insight

If you're buying a home in Corrales, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Corrales in January 2025, down by 66.7% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Corrales, NM

How long does it take to sell a home in Corrales, NM?

Breakdown of Home Sale Times

Under 30 Days3 Homes

30 – 90 Days2 Homes

Over 90 Days1 Home

Insight

Many homes in Corrales are selling fast, if you're buying plan to act quickly.

Summary: During January 2025, 6 homes were sold in Corrales; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Average Sale Time

This Year	1 year ago	Change YoY
46 DaysThis YearJan 2025
72 Days1 year agoJan 2024	-36.7 % Change YoYJan 2024 – Jan 2025

Summary: Homes in Corrales had an average listing age of 46 days in Jan 2025, down by 36.7% compared to the previous year.

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Newest Listings in Corrales, NM

What homes are available in Corrales, NM?

See More Listings

16 Manzano Rd, Corrales NM, 87048 land for sale

Listing photo 2 for 16 Manzano Rd, Corrales NM 87048

Listing photo 3 for 16 Manzano Rd, Corrales NM 87048

New - 1 hour on Rocket

$350,000

Land • 1 Acre

16 Manzano Rd, Corrales NM 87048

#1078715, Vertical Real Estate, Listing Office: Keller Williams Realty

view of front of home featuring a mountain view

property entrance featuring a patio area

New - 1 day on Rocket

$6,828 Closing Credit¹

$575,000

3 beds • 1 bath • 1,685 sqft

7004 Loma Larga Rd, Corrales NM 87048

#1078632, Margaret L Henderson, Listing Office: Realty One Group Concierge

view of front of house featuring ceiling fan, a patio, metal roof, and stucco siding

back of house featuring metal roof, a fenced backyard, a yard, stucco siding, and a patio area

stairs featuring a textured ceiling and a ceiling fan

New - 2 days on Rocket

$9,488 Closing Credit¹

$799,000

4 beds • 3 baths • 3,560 sqft

1348 Loma Del Cielo, Corrales NM 87048

#202500655, Leonel Munoz, Listing Office: Regal Real Estate Experts

LOT58 Sagebrush, Corrales NM, 87048 land for sale

Listing photo 2 for LOT58 Sagebrush, Corrales NM 87048

Listing photo 3 for LOT58 Sagebrush, Corrales NM 87048

New - 6 days on Rocket

$125,000

Land • 1.29 Acres

LOT58 Sagebrush, Corrales NM 87048

#1078124, NM Home Deals Inc., Listing Office: Keller Williams Realty

view of patio featuring a pergola and a mountain view

$10,000 Closing Credit¹

$869,900

4 beds • 2 baths • 2,032 sqft

8008 Loma Larga Rd, Corrales NM 87048

#1078236, Venturi Realty Group, Listing Office: Real Broker

view of exterior entry with covered porch

living room featuring a textured ceiling, light hardwood / wood-style floors, and ceiling fan

$9,916 Closing Credit¹

$835,000

5 beds • 3 baths • 3,672 sqft

145 Leal Ln, Corrales NM 87048

#1078140, Venturi Realty Group, Listing Office: Real Broker

entryway featuring light hardwood / wood-style floors

$10,000 Closing Credit¹

$849,900

3 beds • 1 bath • 2,108 sqft

130 Nicky Ln, Corrales NM 87048

#1078076, Aaron Jackson, Listing Office: Capstone Realty, LLC

kitchen with a kitchen island, appliances with stainless steel finishes, pendant lighting, tile counters, and a notable chandelier

$10,000 Closing Credit¹

$2,500,000

3 beds • 3.5 baths • 6,678 sqft

1200 Camino Hermosa, Corrales NM 87048

#1077979, Kurt H Nilson, Listing Office: Realty One of New Mexico

living room featuring wood ceiling, beamed ceiling, and light tile patterned flooring

$10,000 Closing Credit¹

$1,120,000

4 beds • 2 baths • 3,741 sqft

306 Los Manzanos Rd, Corrales NM 87048

#1077975, Leah E Rush, Listing Office: Rush Home Real Estate

living room featuring ceiling fan, light tile patterned floors, wooden ceiling, and beam ceiling

$6,353 Closing Credit¹

$535,000

3 beds • 2 baths • 1,819 sqft

601 Reclining Acres Rd, Corrales NM 87048

#202500466, Gene Della Maggiora, Listing Office: Coldwell Banker Legacy # 6

unfurnished living room featuring ceiling fan, light hardwood / wood-style floors, wood ceiling, and french doors

pueblo revival-style home featuring a garage

$10,000 Closing Credit¹

$1,400,000

4 beds • 3 baths • 3,942 sqft

1 Dona Marta Ct, Corrales NM 87048

#1077617, Casilda G Barlow, Listing Office: Working Girl Real Estate Servi

view of front of home featuring a garage

view of front of property with a garage and a mountain view

$10,000 Closing Credit¹

$1,180,000

4 beds • 3.5 baths • 2,900 sqft

70 Camino De Claudio, Corrales NM 87048

#1077489, Tiffany Amber Paleo, Listing Office: Bright House Real Estate LLC

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MLS Disclaimers and Copyright

Based on information from Southwest Multiple Listing Service, and Santa Fe MLS for the period 02/01/2023 - 02/01/2025

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.

Copyright © 2025 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 5:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright © 2025 Santa Fe Association of REALTORS® All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 5:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.