Española, NM
Housing market overview · Updated weekly
$339,000median sale price
Homes sold
1
Last 12 weeks
Days on market
43
Average pace
Active listings
17
17.0 months supply
Sale-to-list
96.9%
Below asking
The Española housing market is currently classified as a buyer's market with a median sale price of $339,000. Prices have fallen 8.1% compared to last year, with homes spending an average of 43 days on market, indicating 17.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Española?
The median home sale price in Española is $339,000, down 8.1% from last year.
How long do homes stay on market in Española?
Homes typically spend 43 days on market before going under contract.
Is Española a buyer's or seller's market?
With 17.0 months of supply, Española is currently a buyer's market.
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