Photo: AllenS · Public domain74 homes sold in North Valley in the last year, at a typical $516K
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 North Valley homes are listed.
Every place North Valley homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to North Valley.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 0% of North Valley’s sales, at a typical — (year to May 2026)
74 homes sold in the year to September 2026.
About as many homes sell as usual, at twice the 2016 price
74 sales in the last year, against 101 in 2022 and a low of 53 in 2012. The typical sale went from $248K in 2016 to $516K.
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.
Bidding wars in North Valley are back to pre-pandemic levels, with about as many homes for sale
We read every month of North Valley’s 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, 74 sales.
If you’re buying in North Valley
- Shop in September. It brings about 9 new listings a month, close to the busiest month, with fewer bidding wars (15% over asking).
- Offer under asking. Buyers paid 96.9% of the list price on average; 9% paid over.
- You’ll usually have time. Only 18% of homes go under contract within two weeks; the typical one takes 56 days.
Summer brings both the most homes and the most bidding wars
July has the most new listings (about 10 a month), but June is the most competitive: 24% of June sales close over asking. August and September offer nearly as much choice with fewer homes bid up (18%). December has the least competition (11%) but only about 6 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like New Mexico as a whole
| North Valley now | 2017–19 | 2021 peak | NM now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 9% | 12% | 31% | 7% |
| Gone within two weeksShare of homes under contract within 14 days | 18% | 19% | 29% | 25% |
| Price paid vs. askingAverage sale price ÷ list price | 96.9% | 96.8% | 98.9% | 97.8% |
| Days to sellMedian days from listing to contract | 56 | 50 | 39 | 62 |
27 homes for sale on a typical day
That’s 19.8 times the 2012 low (1), 15% fewer than in 2017–19 and well under 2015’s 44.
North Valley ranks 14th 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. North Valley 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.
Owning the typical North Valley home costs about $2,993 a month
Price: North Valley’s typical sale, last 12 months. Property tax at North Valley’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether North Valley is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in July
The month with the most choice. December has the fewest, about 6.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $516K home, about $3,610 a year.
Taxes vs. neighborsSchools
The schools grade for North Valley, from test results, graduation and how much students grow.
Schools in North ValleyTypical commute
The average one-way trip to work for people who live in North Valley.
Work & commuteCheck 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 hazardsLook 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.
Paradise Hills, Albuquerque and Rio Rancho sell for less a square foot
The busier markets within 25 miles of North Valley, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Albuquerque | 5,975 | $356K | $212 | 16% | 41 |
| Rio Rancho | 1,925 | $380K | $214 | 14% | 55 |
| Corrales | 103 | $807K | $307 | 11% | 67 |
| North Valley | 74 | $516K | $254 | 9% | 56 |
| Sandia Heights | 57 | $737K | $269 | 33% | 52 |
| Los Ranchos de Albuquerque | 55 | $889K | $293 | 19% | 51 |
| Paradise Hills | 35 | $351K | $187 | 24% | 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.
Post your home to North Valley, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to North Valley. People who follow the town see it, and so do people comparing North Valley with their own town. No commission, no listing fee.
Questions about buying a home in North Valley
What do homes sell for in North Valley, NM?
74 homes sold in the year to September 2026 at a typical $516K, $254 a square foot.
Is North Valley a buyer’s or seller’s market?
A balanced market: 28 homes were for sale in September 2026 and 7 sold, about 4 months of supply. Buyers paid 96.9% of asking on average.
When is the best time to buy in North Valley?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in North Valley?
About 0.7% of a home’s value a year. On a $516K home that’s near $3,610.
Where can I see homes for sale in North Valley?
Zillow, Redfin, Realtor.com and Homes.com all carry North Valley’s MLS listings; the search links above open each one filtered to North Valley.
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).