The median home in Espanola, New Mexico is valued at $325,949, up 4.7% year over year. Espanola is part of the Espa-¦ola, NM metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Espa-¦ola, NM stress score, crash risk, and 12-month forecast →

Home Value$325,949

+4.7%

AFFORDABILITY

Enter your income for Espanola.

Income (annual)

Down Payment

$65,190 on $325,949

Stretch — 32% of income

Above 28% but manageable with cuts.

PITI$1,999

P/I32%

Afford$285K

Gap-$41K

P&I $1,648Tax $217Ins $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 Espanola with other housing markets across New Mexico.

Lamy$810K Los Ranchos de Albuquerque$685K Corrales$684K Placitas$635K Arroyo Seco$620K Alto$569K Santa Fe$569K Los Alamos$568K

Full Espa-¦ola, NM analysis

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

View Espa-¦ola, NM metro →

ESPANOLA, NM