87048 Home Values & Market Trends
There are 205 homes currently listed for 87048. 87048 real estate market trends show that home prices range from $100,000 to $2,400,000, and the median sales price in the 87048 zip code is $809,414. The total number of properties sold within the past twelve months is 128. In 87048, 2 properties are in foreclosure, 2 are bank owned properties,and 0 are headed for auction.
87048 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Corrales | $ 809,414 $ 300/sqft |
Housing Market Summary for 87048
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $786K | $799K | 1.65% |
| Median Sold Price | $670.4K | $746.1K | 11.28% |
| Homes For Sale | 127 | 205 | 61.42% |
| Homes Sold | 67 | 68 | 1.49% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 87048
Browse Homes in 87048
The median list price of a home in Corrales, is $809,414. A total of 205 properties are for sale, and the percentage of properties for sale in the zip code is 205.00%. The total count of 87048 properties is 274.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 87048 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 87048; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 87048 ranges from the highest value of $1,499,000 in corrales to the lowest value of $553,100 in corrales. Bank owned homes and properties account for 0.73% of properties in 87048. There is 1 cities within 87048; corrales containing 2 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 87048. Auction homes and other auction properties account for 0% of all properties in 87048. There is 1 cities within 87048; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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More Real Estate Resources for 87048
Guide for 87048
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
