Corrales, NM is known for its beautiful scenery and desirable housing market. The median value of a home in Corrales is $603,400 which is significantly higher than the US median value of $338,100. In the last year, homes have appreciated by 13.83%, compared to the US average of 8.27%. This makes Corrales an attractive investment opportunity for those looking to purchase a home or capitalize on real estate investments.
The median home cost in Corrales is $603,400. Home appreciation the last 10 years has been 71.2%. Home Appreciation in Corrales is up 16.7%.
Average Age of Homes
- The median age of Corrales real estate is 27 years old
The Rental Market in Corrales
- Renters make up 9.3% of the Corrales population
- 1.6% of houses and apartments in Corrales, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.