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Corrales (zip 87048), New Mexico   Add Favorite    1 Reviews | Review This Place

Real Estate in Corrales


-Arts and culture
-Attractive setting
-Year-round climate


-Crime rate
-Urban sprawl
-Economic cycles

What Bert Has To Say About Albuquerque Metro Area

Albuquerque, located at the crossroads of the state’s travel routes, is the largest city in New Mexico. Clear, sunny, dry days; an attractive mountain landscape; and a mostly healthy economy attract new residents from around the country. Not only is the physical climate excellent, but the area also has a favorable tax climate, and the state’s fiscal health is among the best in the country. The area is a center for the high-tech industry and especially research-oriented activities, centered on the giant Sandia Laboratories nuclear research facility south of town. There are over 100 mostly small- and medium-size tech related companies, and the area has experienced some vulnerability to tech industry economic cycles.

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  • Profile: Mid-sized city/College town
  • Time zone: Mountain Standard Time
  • Elevation: 5314
  • Real Estate: For Sale  For Rent
  • City: Corrales
  • Zip Codes: Corrales (zip 87048)

Quick Facts About Corrales

    The unemployment rate in Corrales (zip 87048) is 7.10 percent(U.S. avg. is 5.20%). Recent job growth is Positive. Corrales (zip 87048) jobs have Increased by 0.23 percent.
    Compared to the rest of the country, Corrales (zip 87048)'s cost of living is 31.90% Higher than the U.S. average.
    As of 2014, Corrales (zip 87048)'s population is 8,945 people. Since 2000, it has had a population growth of 67.48 percent.
    Average Commute time is 16 minutes. The National Average is 26 minutes.
    The median home cost in Corrales (zip 87048) is $377,062. Home appreciation the last 10 years has been 7.48%.
    Corrales (zip 87048) public schools spend $10,228 per student. The average school expenditure in the U.S. is $12,383. There are about 15.1 students per teacher in Corrales (zip 87048).

Corrales (zip 87048), New Mexico Ranked & Rated

Corrales Housing Market

It's a good time to buy in Corrales. Home Appreciation is up 5.7% in the last 12 months. Browse Corrales Real Estate.
The median home price in Corrales is $377,062. Browse Homes in this Range.
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Reviews for Corrales (zip 87048), New Mexico


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How grand it is

Unless you want a dense urban setting, Corrales is the best. The weather is almost perfect with 4 beautiful seasons and the pace of life is... (Read More)



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