Median home value in zip code 87048 (Corrales, NM) is $687,093, up 3.8% year over year. Part of the Albuquerque, NM metropolitan area.

Home Value$687,093

YoY Change

+3.8%

Prices rising — worse for buyers.

Affordability

Enter your income for 87048 (Corrales).

Income (annual)

Down Payment

$137,419 on $687,093

Example: $75,000 household income. Change it above to see your own.

Out of reach65.1% of income

Need $174,257/yr to afford.

PITI$4,066

P/I65.1%

Afford$296K

Gap-$391K

P&I $3,474Tax $458Ins $133

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

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

Metro Analysis

87048 is part of the Albuquerque, NM metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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