Housing · Corrales
Corrales, NM housing market
The typical Corrales home is worth about $700,000, up 2.5% in a year, 120% above the New Mexico typical home.
Home values, sales, trends and how Corrales compares with the towns next door — updated as new data is published.
The market right now
Corrales at a glance
Typical home value
$700K
▲ 2.5% in a year · Zillow
Ten-year trend
Typical home value, 2016–2026
CorralesNew Mexico
Show as a table
| January | Corrales | New Mexico |
|---|---|---|
| 2017 | $373,000 | $178,000 |
| 2018 | $397,000 | $184,000 |
| 2019 | $410,000 | $193,000 |
| 2020 | $440,000 | $205,000 |
| 2021 | $494,000 | $229,000 |
| 2022 | $577,000 | $263,000 |
| 2023 | $623,000 | $287,000 |
| 2024 | $662,000 | $302,000 |
| 2025 | $676,000 | $313,000 |
| 2026 | $702,000 | $315,000 |
| August 2026 | $700,000 | $318,000 |
Next door
Corrales and its neighbors
The towns that share a border. Tap one to see its housing page.
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Corrales | $700K | +2.5% | — | $102,307 |
| Rio Rancho | $361K | +0.6% | — | $89,596 |
| Albuquerque | $346K | +1.6% | — | $68,317 |
Affordability
6.8 years of income
The typical Corrales home costs about 6.8 years of the town's median household income, more than across New Mexico (5 years).
How Corrales ranks on affordability →
Home value ÷ ACS median household income.
The homes
Owners, rent & taxes
Homeownership
91.2%
New Mexico: 70%
Median tax bill
$3,554
New Mexico: $1,731
Median rent
$1,143
New Mexico: $1,067
Typical home built
1986
New Mexico: 1985
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.