Espanola, NM Home Values & Market Trends
Real estate market trends reflect that there have been 102 transactions over the past year in Espanola. The median value for residential home transactions that occurred over the previous year is $402,306. The number of current listings in Espanola is 97, and the percentage of properties for sale in the city is 97.00%. Espanola, NM currently has 7 properties in foreclosure, 3 bank owned properties, 2 properties headed for auction, and 97 properties for sale.
Espanola, NM Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 87532 | $ 402,306 $ 204/sqft |
Housing Market Summary for Espanola, NM
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $430K | $429.9K | -0.01% |
| Median Sold Price | $279.4K | $367.6K | 31.58% |
| Homes For Sale | 72 | 97 | 34.72% |
| Homes Sold | 36 | 121 | 236.11% |
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 Espanola, NM
Browse Homes in Espanola, NM
Espanola home values range from $119,304 to $1,108,108. The median estimated value of a home in Espanola is $402,306. The median list price of a home is 429,950, and the total count of properties in the city is 231.
- Pre-ForeclosurePre-foreclosure homes account for 0.87% of all residential properties in Espanola, NM with 87532 containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Espanola, NM; of that zips, the estimated home value for pre-foreclosure homes ranges from $415,000 in 87532 to the lowest home value of $403,094 in 87532.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Espanola, NM ranges from the highest value of $480,008 in 87532 to the lowest value of $399,729 in 87532. Bank owned homes and properties account for 1.30% of properties in Espanola, NM. There is 1 zips within Espanola, NM; 87532 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions87532 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Espanola, NM. Auction homes and other auction properties account for 0.87% of all properties in Espanola, NM. There is 1 zips within Espanola, NM; of that zips, the median estimated home value for homes going to auction ranges from $324,372 in 87532 to the lowest value of $312,123 in 87532.
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Guide for Espanola, NM
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.
