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Median sale price
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ZIP 87048 in Corrales, NM: housing market trends

The median home sale price in ZIP 87048 in Corrales, NM was $747,357 for the three-month period ending September 2026. Sale prices were 5.8% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$747,357
three-month period ending September 2026
Median sale price per sq ft
$298.21
three-month period ending September 2026
Active listings
85
three-month period ending September 2026
Typical monthly rent
Unavailable
Rent index · unavailable date

How is housing inventory changing?

There were 85 active listings for the three-month period ending September 2026. Active listings were 26.9% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 32 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 87048 in Corrales, NM
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$747,357$298.2133
Single-familySeptember 2026$762,308$298.2131
TownhousesSeptember 2026UnavailableUnavailableUnavailable
Condos / co-opsSeptember 2026$431,086$265.632 · small sample
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 87048 in Corrales, NM
MarketMedian sale priceReporting period / source
Corrales, NM$762,1373 months ending September 2026 · Redfin
Rio Rancho, NM$380,000Month ending July 2026 · Zillow
Los Ranchos de Albuquerque, NM$729,6533 months ending September 2026 · Redfin
Bernalillo, NM$434,7933 months ending September 2026 · Redfin
Albuquerque, NM$365,000Month ending July 2026 · Zillow
Placitas, NM$748,6433 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 87048 in Corrales, NM
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$747,357$298.2185
August 2026$765,000$309.5087
July 2026$831,000$313.9684
June 2026$875,000$297.9484
May 2026$751,500$299.2877
April 2026$775,000$298.2978
March 2026$790,000$287.8272
February 2026$860,000$288.3562
January 2026$790,000$297.4561
December 2025$760,000$301.6660
November 2025$735,000$297.4564
October 2025$720,112$307.4760
September 2025$706,500$287.2967
August 2025$710,000$298.0569
July 2025$686,250$288.3468
June 2025$640,000$293.2468
May 2025$650,000$283.4468
April 2025$727,000$287.2166
March 2025$888,000$295.7872
February 2025$743,000$296.5267
January 2025$670,387$294.8664
December 2024$675,000$295.4866
November 2024$550,000$282.7470
October 2024$680,000$284.6672

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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