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Short Sale Listings in Corrales, NM

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Corrales, NM Foreclosures

How much do homes sell for in Corrales, NM?
The average home price is currently $727,181.
In Corrales, NM, how many homes are available?
There are currently 1 active home listings available in Corrales.
What’s the average rental cost in Corrales, NM?
The average rental price in Corrales is $1,884.
What is the most expensive home in Corrales?
The most expensive home sold in Corrales had a price of $4,850,000.
What is currently the cheapest priced home in Corrales, NM?
The cheapest home for sale in Corrales is priced at $32,412.

Living in Corrales, NM

Corrales, NM is a peaceful village with a strong sense of community, surrounded by beautiful landscapes and close to Albuquerque. It offers a rural lifestyle, local farms, and outdoor activities, making it perfect for families and nature lovers.

Current Market Conditions in Corrales, NM

The real estate market in Corrales is currently competitive, with a high demand for homes due to its picturesque setting and desirable lifestyle. Home values have been steadily increasing, reflecting the area's popularity among buyers looking for a retreat from the urban environment.

Trends indicating a growing interest in sustainable living and farmland have led to an increase in the development of new homes that blend seamlessly with the local environment. This has attracted a mix of families, retirees, and artists to the area.

Home Value Estimator For Corrales, NM

There are currently 3,927 real estate properties in Corrales, NM, with a median automated valuation model (AVM) price of $677,714.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Corrales, NM, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Corrales, NM, is $727,181.00, with the most expensive house in Corrales, NM, topping out at $4,850,000.00 and the cheapest home in Corrales, NM, clocking in at $32,412.00. In other words, there’s something for every potential homebuyer or savvy investor in Corrales, NM!

Rent Prices In Corrales, NM

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Corrales, NM, is on a rollercoaster ride. The average rent price in Corrales, NM, is $1,884.00. Indeed, when looking to rent in Corrales, NM, you can expect to pay as little as $500.00 or as much as $5,180.00, with the average rent median estimated to be $1,840.00. The good news is that finding an affordable and desirable property to rent in Corrales, NM -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Corrales, NM Short Sale Listings


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