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NM area data

Corrales, NM

Corrales, NM.

Population: 9,069 (Census ACS)

Home values & appreciation

Median home value
$709,869
1-year appreciation
+2.3%
3-year appreciation
+8.0%
5-year appreciation
+29.1%
10-year appreciation
+88.1%
All-time peak (2026-01)
$713,134
House Price Index
406.5 (+0.8% YoY)

Market activity

1-year forecast
+1.9%
New listings (monthly)
16

Affordability

Cost of living index (Below Average)
92.5 (100 = US avg)
Electricity rate (state-level)
15.1¢/kWh
Natural gas rate (state-level)
$9.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
1
Elementary schools
1
Middle schools
0
High schools
0

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
lightning, drought, hail, heatWave, inlandFlooding

Climate (30-year normals)

Average annual temperature
56.0°F
Average high
71.0°F
Average low
42.0°F
Annual precipitation
8.4 in
Annual snowfall
5.4 in

Air quality

Air quality rating
Good
Median AQI (annual)
44
Days with Good air quality
270

Amenities

National parks within ~60 mi
5
Nearest national park
Valles Caldera National Preserve (21 mi)
Nearest airport
Cuba Airport (25 mi)
Hospitals nearby (~15 mi)
1,090
Avg hospital rating
3.1 / 5
EV charging stations (within 10 mi)
3
Solar radiation rating
Good (5.4 kWh/m²/day)

Migration

Net migration
+984 tax filers

Housing stock

Median year housing built
1,986
Median annual property tax
$3,563
Mean commute to work
20 min
Households with broadband internet
78.5%

Employment & development

Total county employment
25,406
Average weekly wage
$1,076
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
1,040

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents