The median home in Corrales, New Mexico is valued at $684,463, up 3.7% year over year. Corrales is part of the Albuquerque, NM metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

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Home Value$684,463

+3.7%

AFFORDABILITY

Enter your income for Corrales.

Income (annual)

Down Payment

$136,893 on $684,463

Out of reach — 64.8% of income

Need $173,614/yr to afford.

PITI$4,051

P/I64.8%

Afford$296K

Gap-$389K

P&I $3,461Tax $456Ins $133

6.50% 30yr, 20% down, county tax + NM ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in New Mexico

Compare Corrales with other housing markets across New Mexico.

Lamy$810K Los Ranchos de Albuquerque$685K Placitas$635K Arroyo Seco$620K Alto$569K Santa Fe$569K Los Alamos$568K Taos Ski Valley$565K

Full Albuquerque, NM analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Albuquerque, NM metro.

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CORRALES, NM