Espa-¦ola, NM Housing Market

Market data powered by Zillow Research. Last updated: 2026-04-02

Espa-¦ola, NM offers balanced conditions for buyers.

  • •Prices are essentially flat (1.0% YoY) — good negotiating leverage for buyers.

Median Home Value

$328,723

ZHVI

Year-over-Year

+1%

Price change

5-Year Change

+23.3%

Since 2021

Active Listings

116

For sale

State Avg

$310,375

New Mexico

Home Value Trends

5-year Zillow Home Value Index for Espa-¦ola, NM vs. state and national averages.

Other Markets in New Mexico

Los Alamos, NM$573,267Santa Fe, NM$542,596Taos, NM$427,833Albuquerque, NM$342,449Las Cruces, NM$283,613Farmington, NM$262,801
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Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.