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City / Town Overview

Espanola, NM

Aggregate real estate market report across all ZIPs in scope
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The Espanola, NM real estate market currently shows 33 active listings, with 12 pending sales. Homes are averaging 68 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are selling faster, averaging 68 days on market compared to 122 days last year.

The median listing price has fallen 9.1% year-over-year, from $552,500 to $502,250.

Whether you are buying or selling in Espanola, NM, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 19,827  ·  Density: 69.9/mi²  ·  Median household income: $51,331

Typical home value: $214,524  ·  Homeownership: 70.4%

Included Areas

Espanola: 87532, 87533

Area Map

Market Overview

Active Listings
33
⇧ 26.9% vs 26 last year
Pending
12
36% pending ratio
Median Price
$502,250
⇩ 9.1% vs $552,500 last year
Average Price
$529,256
⇧ 0.8% vs $524,809 last year
Days on Market
68
⇩ 44.3% vs 122 days last year

Price Per Square Foot

Median $/sqft
$222
⇧ 9.4% vs $203/sqft last year
Median Home Size
2,223 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %