Española, NM Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Española, NM is $339,000, down 8.1% year-over-year. Homes sell in an average of 43 days with 17 active listings. The market is currently a buyer's market.
$339,000median sale price
Is Española a buyer's or seller's market?
Española, NM is currently a buyer's market, based on 17.0 months of supply and homes selling in about 43 days. How we determine this →
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
Española, NM market data
| Metric | Value |
|---|---|
| Median sale price | $339,000 |
| Median list price | $422,000 |
| Year-over-year price change | -8.1% |
| Average days on market | 43 days |
| Active inventory | 17 listings |
| Months of supply | 17.0 months |
| Sale-to-list price ratio | 96.9% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
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
Homes for sale in Española
There are currently 17 homes listed for sale in Española, New Mexico. The median listing price is $422K.
Active listings
17
Homes on market
Median list price
$422K
Avg. days on market
43
Days until sale
New this week
4
Newly listed
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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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