Housing & Real Estate — Corrales, New Mexico

Overview

Total Housing Units3,924
Occupied3,543
Vacant381
Owner-Occupied3,233
Renter-Occupied310
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 RatioN/Ax
Home AffordabilityN/A
Rent as % of IncomeN/A%
Severely Rent-Burdened38.1%

Housing Age

Built 2010 or later347
Built 2000-2009458
Built 1990-1999842
Built before 1960490
Median Year Built1987
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.