Housing & Real Estate — Corrales, New Mexico
Overview
| Total Housing Units | 3,924 |
| Occupied | 3,543 |
| Vacant | 381 |
| Owner-Occupied | 3,233 |
| Renter-Occupied | 310 |
| Median Home Value (Census) | $571,500 |
| Estimated 2026 | ~$626,000 |
| Median Rent | $1,184/mo |
| Median Property Tax | $3,554/yr |
Affordability
| Home Price to Income Ratio | N/Ax |
| Home Affordability | N/A |
| Rent as % of Income | N/A% |
| Severely Rent-Burdened | 38.1% |
Housing Age
| Built 2010 or later | 347 |
| Built 2000-2009 | 458 |
| Built 1990-1999 | 842 |
| Built before 1960 | 490 |
| Median Year Built | 1987 |
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.