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City / Town Overview

Espanola, NM

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

Market Analysis

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

The Espanola, NM real estate market currently shows 43 active listings, with 14 pending sales. Homes are averaging 78 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are selling faster, averaging 78 days on market compared to 101 days last year.

The median listing price has fallen 17.5% year-over-year, from $502,925 to $415,000.

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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
43
⇧ 16.2% vs 37 last year
Pending
14
33% pending ratio
Median Price
$415,000
⇩ 17.5% vs $502,925 last year
Average Price
$439,732
⇩ 14.9% vs $516,806 last year
Days on Market
78
⇩ 22.8% vs 101 days last year

Price Per Square Foot

Median $/sqft
$225
⇩ 0.4% vs $226/sqft last year
Median Home Size
1,844 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 %