Metropolitan market · New Mexico · June 2026 data

Espanola Real Estate Market

The Espanola, NM housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Espanola report in a click.

Median listing price
$420,000
▼ 15.8% YoY
Median $ / sq ft
$245
1,797 sq ft median
Median days on market
88
June 2026
Active listings
109
For sale now
New listings
20
June 2026
Listings with price cuts
11%
Share of active
Median listing price trend
$509K$487K$464K$442K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Espanola NM · trailing 8 quarters · source: public records and industry data.

The 10-year view
$547K$473K$398K$324K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Espanola NM · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
109
New this month
20
Pending
28
Price-reduced
12

As of June 2026, the median home listed in Espanola, NM asks $420,000 — down 15.8% from a year ago. Homes are taking a median of 88 days to go under contract, and 11% of the 109 active listings have taken a price cut, which points to a buyer-leaning market. Figures cover the Espanola, NM metro area. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
33/100
#781 of 932 covered metros
12-month outlook
+0.1%
Flat · model output, not advice
Momentum
52
Value
11
Rental yield
5
Supply risk
26
Market heat
11

Espanola scores 33/100 on our composite Investor Score (#781 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 62% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 15.8% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Espanola ranks on the trending markets index.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$1,893/mo
−$215/mo vs today
At today's rate · 6.43%
$2,108/mo
National weekly average
If rates rise 1% · 7.43%
$2,333/mo
+$225/mo vs today

Principal & interest on the $420,000 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
Net migration (2022–2023)
+3
▲ people, via tax-return records
net income flow +$4.58M/yr
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

Client-ready report

Send a branded Espanola market report to your clients.

Open report gallery
Find the best in Espanola
Directory

Top agents in Espanola

The producers moving the most volume in Espanola.

View Directory

Top teams

The groups setting production records nationwide.

View Licensing

Get licensed in New Mexico

Hours, exam and the commission that regulates New Mexico agents.

Read Income

Agent salary in New Mexico

What real estate agents actually earn across New Mexico.

Read

Espanola market FAQs

What is the median home price in Espanola?
As of June 2026, the median listing price in Espanola, NM is $420,000, down 15.8% year over year (source: public records and industry data). Figures cover the Espanola, NM metro area.
How fast are homes selling in Espanola?
The median property in Espanola spends 88 days on the market, with 109 homes actively listed and 11% of them carrying a price cut — a buyer-leaning market by pace.
Who are the top real estate agents in Espanola?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Espanola and the wider New Mexico market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Espanola, NM metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.