Espanola, NM
Housing market overview · Updated weekly
$339,000median sale price
Homes sold
1
Last 12 weeks
Days on market
43
Average pace
Active listings
17
17.0 months supply
Sale-to-list
96.9%
Below asking
The Espanola housing market is currently classified as a buyer's market with a median sale price of $339,000. Prices have fallen 8.1% compared to last year, with homes spending an average of 43 days on market, indicating 17.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Espanola
There are currently 17 homes listed for sale in Espanola, New Mexico. The median listing price is $422K.
Active listings
17
Homes on market
Median list price
$422K
Avg. days on market
43
Days until sale
New this week
4
Newly listed
Explore nearby cities in NM
Frequently asked questions
What is the average home price in Espanola?
The median home sale price in Espanola is $339,000, down 8.1% from last year.
How long do homes stay on market in Espanola?
Homes typically spend 43 days on market before going under contract.
Is Espanola a buyer's or seller's market?
With 17.0 months of supply, Espanola is currently a buyer's market.
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