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Sky View Acres

CORRALES, NM 87048

Real Estate Market Report  ·  Sandoval County
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 87048

Sky View Acres

Market Analysis

Data as of February 2026. Source: Realtor.com.

The CORRALES, NM real estate market (87048) currently shows 38 active listings, with 14 pending sales. Homes are averaging 96 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 96 days on market compared to 78 days last year.

The median listing price has fallen 0.4% year-over-year, from $956,250 to $952,500.

Whether you are buying or selling in CORRALES, NM, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 8,839  ·  Density: 310.5/mi²  ·  Median household income: $94,479

Typical home value: $514,440  ·  Homeownership: 89.7%

Market Overview

Active Listings
38
⇩ 9.5% vs 42 last year
Pending
14
37% pending ratio
Median Price
$952,500
⇩ 0.4% vs $956,250 last year
Average Price
$1,167,780
⇧ 3.5% vs $1,128,827 last year
Days on Market
96
⇧ 23.1% vs 78 days last year

Price Per Square Foot

Median $/sqft
$311
⇩ 0.6% vs $313/sqft last year
Median Home Size
3,203 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 38 this year vs 42 last year
  • Days on market: 96 now vs 78 last year

Median & Average Pricing

Year over Year
  • Median: $952,500 (-0.4% YoY)
  • Average: $1,167,780 (+3.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.6 miles — 1,560 listings ($770,060,815 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87048Corrales, NM 870480.0 mi35$42,372,225$975,000$1,210,635
87114Albuquerque, NM 871144.4 mi146$73,427,780$400,000$502,930
87107Albuquerque, NM 871077.0 mi73$60,898,644$525,000$834,228
87144Rio Rancho, NM 871448.4 mi300$148,697,400$430,000$495,658
87110Albuquerque, NM 871109.2 mi97$35,359,992$351,450$364,536
87124Rio Rancho, NM 8712410.3 mi219$100,859,136$418,265$460,544
87120Albuquerque, NM 8712010.5 mi217$113,838,200$442,000$524,600
87102Albuquerque, NM 8710210.8 mi66$20,695,092$280,000$313,562
87108Albuquerque, NM 8710811.6 mi71$21,880,141$280,250$308,171
87123Albuquerque, NM 8712314.7 mi95$54,267,800$350,000$571,240
87105Albuquerque, NM 8710517.1 mi84$34,239,576$362,500$407,614
87121Albuquerque, NM 8712121.4 mi124$41,968,668$319,700$338,457
87059Tijeras, NM 8705924.6 mi33$21,556,161$571,500$653,217

Frequently Asked Questions

How many homes are for sale in CORRALES, NM 87048?

As of February 2026, there are 38 active listings in CORRALES, NM (zip code 87048), compared to 42 the prior year.

What is the median home price in CORRALES, NM 87048?

The median listing price in CORRALES, NM 87048 is $952,500 as of February 2026, a 0.4% decrease from $956,250 the prior year.

How long do homes stay on the market in CORRALES, NM?

Homes in CORRALES, NM 87048 spend an average of 96 days on the market before going under contract, compared to 78 days the prior year.

Is it a seller's or buyer's market in CORRALES, NM 87048?

Based on current inventory and days-on-market data as of February 2026, CORRALES, NM 87048 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 96 days on market compared to 78 days last year.

How much can I save on real estate commission in CORRALES, NM?

With SELL123.com's maximum 3% commission, sellers in CORRALES, NM 87048 save an estimated $19,050 compared to a typical 5% commission on the median listing price of $952,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.