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Village of CorralesPhoto: TheNewMexicoPost · CC BY-SA 4.0
Housing in Corrales

103 homes sold in Corrales in the last year, at a typical $807K

Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Corrales homes are listed.

Homes sold
103
October 2025 to September 2026
Typical sale price
$807K
median, weighted by sales
Price per square foot
$307
New Mexico $211
Paid vs. asking
97.3%
11% sold over asking
For sale now
45
September 2026 · 10 sold that month
What sold · last 12 months

Houses are 0% of Corrales’ sales, at a typical — (year to May 2026)

103 homes sold in the year to September 2026.

14 years of sales

Fewer homes sell than a decade ago, at twice the 2016 price

103 sales in the last year, against 157 in 2019 and a low of 84 in 2012. The typical sale went from $396K in 2016 to $807K.

Homes soldTypical sale price
050100150200$450K$600K$750K$900K2012: 84 sold, typical $384K’122013: 110 sold, typical $472K2014: 132 sold, typical $450K’142015: 119 sold, typical $409K2016: 135 sold, typical $396K’162017: 140 sold, typical $473K2018: 127 sold, typical $430K’182019: 157 sold, typical $475K2020: 143 sold, typical $533K’202021: 149 sold, typical $649K2022: 127 sold, typical $723K’222023: 100 sold, typical $710K2024: 95 sold, typical $690K’242025: 107 sold, typical $726KLast 12 months: 103 sold, typical $807KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What the sales history says · 14 years of sales

Bidding wars in Corrales are back to pre-pandemic levels, but 39% fewer homes come up for sale

We read every month of Corrales’ home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 103 sales.

If you’re buying in Corrales

  • Shop in March. It brings about 14 new listings a month, close to the busiest month, with fewer bidding wars (11% over asking).
  • Offer under asking. Buyers paid 97.3% of the list price on average; 11% paid over.
  • You’ll usually have time. Only 17% of homes go under contract within two weeks; the typical one takes 67 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 17 a month), but July is the most competitive: 17% of July sales close over asking. March and April offer nearly as much choice with fewer homes bid up (11%). January has the least competition (8%) but only about 10 new listings.

New listings a monthShare sold over asking
051015207%13%20%Sweet spotJan: 10 new listings a month, 8% sold over asking, 76 days to sellJFeb: 11 new listings a month, 11% sold over asking, 80 days to sellFMar: 14 new listings a month, 11% sold over asking, 95 days to sellMApr: 15 new listings a month, 12% sold over asking, 81 days to sellAMay: 16 new listings a month, 14% sold over asking, 65 days to sellMJun: 17 new listings a month, 16% sold over asking, 60 days to sellJJul: 16 new listings a month, 17% sold over asking, 56 days to sellJAug: 16 new listings a month, 16% sold over asking, 59 days to sellASep: 15 new listings a month, 15% sold over asking, 60 days to sellSOct: 14 new listings a month, 12% sold over asking, 66 days to sellONov: 12 new listings a month, 11% sold over asking, 66 days to sellNDec: 10 new listings a month, 9% sold over asking, 72 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like New Mexico as a whole

Corrales now2017–192021 peakNM now
Sold over askingShare of sales that closed above the list price11%8%27%7%
Gone within two weeksShare of homes under contract within 14 days17%13%36%25%
Price paid vs. askingAverage sale price ÷ list price97.3%97.4%98.7%97.8%
Days to sellMedian days from listing to contract67693762
Supply

40 homes for sale on a typical day

That’s 14.5 times the 2013 low (3), 39% fewer than in 2017–19 and well under 2015’s 103.

2012: 4 for sale’122013: 3 for sale2014: 29 for sale2015: 103 for sale’152016: 102 for sale2017: 76 for sale2018: 65 for sale’182019: 56 for sale2020: 34 for sale2021: 25 for sale’212022: 29 for sale2023: 23 for sale2024: 32 for sale’242025: 34 for saleLast 12 months: 40 for saleNow
Across New Mexico

Corrales ranks 12th of 36 busy New Mexico markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Corrales is in the middle of the pack.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Corrales home costs about $4,629 a month

Mortgage
Property tax
Insurance
Rent

Price: Corrales’ typical sale, last 12 months. Property tax at Corrales’ 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Corrales is affordable on local pay is on Cost of living.

Before you buy in Corrales

Six things worth knowing

17

New listings in June

The month with the most choice. January has the fewest, about 10.

Best time to buy
0.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $807K home, about $5,020 a year.

Taxes vs. neighbors
C+

Schools

The schools grade for Corrales, from test results, graduation and how much students grow.

Schools in Corrales
29 min

Typical commute

The average one-way trip to work for people who live in Corrales.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

North Valley, Rio Rancho, Paradise Hills, Los Ranchos de Albuquerque, Bernalillo and Sandia Heights sell for less a square foot

The busier markets within 25 miles of Corrales, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Rio Rancho1,925$380K$21414%55
Corrales103$807K$30711%67
Bernalillo77$399K$2108%65
North Valley74$516K$2549%56
Sandia Heights57$737K$26933%52
Los Ranchos de Albuquerque55$889K$29319%51
Paradise Hills35$351K$18724%43

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Corrales, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Corrales. People who follow the town see it, and so do people comparing Corrales with their own town. No commission, no listing fee.

Questions about buying a home in Corrales

What do homes sell for in Corrales, NM?

103 homes sold in the year to September 2026 at a typical $807K, $307 a square foot.

Is Corrales a buyer’s or seller’s market?

A balanced market: 45 homes were for sale in September 2026 and 10 sold, about 4.5 months of supply. Buyers paid 97.3% of asking on average.

When is the best time to buy in Corrales?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Corrales?

About 0.6% of a home’s value a year. On a $807K home that’s near $5,020.

Where can I see homes for sale in Corrales?

Zillow, Redfin, Realtor.com and Homes.com all carry Corrales’ MLS listings; the search links above open each one filtered to Corrales.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).