Cheap Homes for Sale in Espanola, NM

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Espanola, NM Housing Market Overview

Espanola is a balanced market, giving buyers and sellers room to negotiate. With 4.3 months of supply and homes averaging 56 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

56

Inventory

13

Sep 2021Feb 2024Mar 2026

Median Home Price

$250,000Down 0.16%

In Mar 2026 · YoY

Sep 2021Feb 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
13 Up 0.08%
Newly Listed Homes
1 Down 0.67%
Months of Supply
4.3 Down 1.70%

Housing Demand

Homes Sold
3 Down 0.00%
Sale-to-List Ratio
93.6% Down 2.19%
Homes Sold Above List
0% Down 0.00%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

View Full Espanola Market Report
  • mls-imgIDX Logo
    Based on information from the Greater Albuquerque Association of REALTORS® (alternatively, from the Southwest MLS) through Oct 23, 2026, 6:45 AM. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by The Service. © 2026 Greater Albuquerque Association of REALTORS®. All Rights Reserved.
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Espanola, NM Housing Marketlink qauare
Homes Available icon

1

Homes Available

Median List Price icon

$ 250,000

Median List Price

Avg on Market icon

56 Days

Avg on Market

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