Population: 8,839 · Density: 310.5/mi² · Median household income: $94,479
Typical home value: $514,440 · Homeownership: 89.7%
Data as of January 2026. Source: Realtor.com.
The CORRALES, NM real estate market (87048) currently shows 35 active listings, with 7 pending sales. Homes are averaging 84 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are selling faster, averaging 84 days on market compared to 95 days last year.
The median listing price has risen 1.8% year-over-year, from $957,500 to $975,000.
Whether you are buying or selling in CORRALES, 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 87048 | Corrales, NM 87048 | 0.0 mi | 35 | $42,372,225 | $975,000 | $1,210,635 |
| 87114 | Albuquerque, NM 87114 | 4.4 mi | 146 | $73,427,780 | $400,000 | $502,930 |
| 87107 | Albuquerque, NM 87107 | 7.0 mi | 73 | $60,898,644 | $525,000 | $834,228 |
| 87144 | Rio Rancho, NM 87144 | 8.4 mi | 300 | $148,697,400 | $430,000 | $495,658 |
| 87110 | Albuquerque, NM 87110 | 9.2 mi | 97 | $35,359,992 | $351,450 | $364,536 |
| 87124 | Rio Rancho, NM 87124 | 10.3 mi | 219 | $100,859,136 | $418,265 | $460,544 |
| 87120 | Albuquerque, NM 87120 | 10.5 mi | 217 | $113,838,200 | $442,000 | $524,600 |
| 87102 | Albuquerque, NM 87102 | 10.8 mi | 66 | $20,695,092 | $280,000 | $313,562 |
| 87108 | Albuquerque, NM 87108 | 11.6 mi | 71 | $21,880,141 | $280,250 | $308,171 |
| 87123 | Albuquerque, NM 87123 | 14.7 mi | 95 | $54,267,800 | $350,000 | $571,240 |
| 87105 | Albuquerque, NM 87105 | 17.1 mi | 84 | $34,239,576 | $362,500 | $407,614 |
| 87121 | Albuquerque, NM 87121 | 21.4 mi | 124 | $41,968,668 | $319,700 | $338,457 |
| 87059 | Tijeras, NM 87059 | 24.6 mi | 33 | $21,556,161 | $571,500 | $653,217 |
As of January 2026, there are 35 active listings in CORRALES, NM (zip code 87048), compared to 35 the prior year.
The median listing price in CORRALES, NM 87048 is $975,000 as of January 2026, a 1.8% increase from $957,500 the prior year.
Homes in CORRALES, NM 87048 spend an average of 84 days on the market before going under contract, compared to 95 days the prior year.
Based on current inventory and days-on-market data as of January 2026, CORRALES, NM 87048 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 84 days on market compared to 95 days last year.
With SELL123.com's maximum 3% commission, sellers in CORRALES, NM 87048 save an estimated $19,500 compared to a typical 5% commission on the median listing price of $975,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.