Española, NM housing market
The typical Española home is worth about $348,000, up 5.6% in a year, 9% above the New Mexico typical home.
Home values, sales, trends and how Española compares with the towns next door — updated as new data is published.
Española at a glance
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Española | New Mexico |
|---|---|---|
| 2017 | $179,000 | $178,000 |
| 2018 | $180,000 | $184,000 |
| 2019 | $196,000 | $193,000 |
| 2020 | $205,000 | $205,000 |
| 2021 | $238,000 | $229,000 |
| 2022 | $262,000 | $263,000 |
| 2023 | $274,000 | $287,000 |
| 2024 | $293,000 | $302,000 |
| 2025 | $320,000 | $313,000 |
| 2026 | $335,000 | $315,000 |
| August 2026 | $348,000 | $318,000 |
Española and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Española | $348K | +5.6% | — | $47,667 |
| Santa Cruz | $346K | +5.7% | — | $33,750 |
| Sombrillo | — | — | — | $243,750 |
| Cuartelez | — | — | — | $114,151 |
7.3 years of income
The typical Española home costs about 7.3 years of the town's median household income, more than across New Mexico (5 years).
How Española ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
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, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.