Corrales, NM · Houses & Market Data

Corrales, New Mexico houses and real estate market data.

Houses in Corrales, NM (Sandoval County) — Census median home value $549,700, county listing prices roughly flat over the past year. Market data for Corrales houses and the broader area.

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Corrales, NM is in Sandoval County, New Mexico — this guide covers houses in Corrales and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 8,557, with a median household income of $114,207. Census data puts Corrales houses at a median value of $549,700 (all owner-occupied homes); Sandoval County's current median listing price runs $463,099, roughly flat over the past year.

Info from government sites and builders may have provided source info.

Market overview

Corrales housing market

Corrales is in Sandoval County, New Mexico. Manifest Census and county price-trend data provide baseline context for houses in Corrales and the surrounding county market.

Median home value (Census ACS)

$549,700

Population (Census ACS)

8,557

Median household income

$114,207

County price trend (2025)

2.01% YoY

Population, income, and median home value from the project batch manifest (Census ACS 2023 5-year). County price trend from FHFA county HPI when present in the manifest row.

At a glance

Corrales market snapshot

Population

8,557

County

Sandoval County

Median Household Income

$114,207

Median Home Value (city)

$549,700

Median Listing Price (Sandoval County)

$463,099

Median Gross Rent

$1,184/mo

Price Trend (YoY)

-0.4%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About

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Why Corrales

What makes Corrales different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Corrales's median home value — across all owner-occupied homes, not just recent sales — at $549,700. Separately, Sandoval County's current median listing price (via Realtor.com data, 2026-06-01) runs $463,099. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Sandoval County's FHFA house price index shows a 2.01% annual change in 2025.

Population & Income

Corrales has an estimated population of 8,557 and a median household income of $114,207, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Corrales's Census-reported median home value works out to about 4.8x the area's median household income, and median gross rent runs roughly 12% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

Nearby

Places around Corrales

County guide: Sandoval County — cities, market context, and local resources for the county that includes Corrales.

USAHouses.com also helps visitors looking in nearby Sandoval County and other New Mexico communities. Some locations may not yet have dedicated pages, but many licensed professionals in this region assist surrounding communities.

Nearby communities include Pueblo of Sandia Village, Bernalillo, Santa Ana Pueblo, Rio Rancho Estates, Placitas, Algodones, La Madera, San Felipe Pueblo, Zia Pueblo, San Ysidro, Santo Domingo Pueblo, Jemez Pueblo, Peña Blanca, Ponderosa, Cochiti, Cañon.

More New Mexico cities with market guides: Santa Fe, Roswell, Farmington, Hobbs, Clovis, South Valley, Carlsbad, Alamogordo.

Adjacent-county Census places with USAHouses.com pages: Edith Enclave (~3.0 mi), North Valley (~4.6 mi), Paradise Hills (~5.1 mi), Rio Rancho (~5.1 mi), Los Ranchos de Albuquerque (~5.5 mi), Sandia Heights (~9.0 mi), Albuquerque (~9.4 mi), Kirtland AFB (~13.8 mi), Carnuel (~15.6 mi), Sandia Park (~15.6 mi), South Valley (~16.3 mi), Cedar Crest (~16.4 mi), San Antonito (~16.8 mi), Paa-Ko (~16.8 mi), Tijeras (~17.6 mi), Sandia Knolls (~19.3 mi).

New construction: New homes near Corrales (Albuquerque) · New Mexico new construction.

Census & home facts

Corrales data from published sources

Population (ACS 2023)

8,557

Median home value (ACS 2023)

$549,700

Median household income (ACS 2023)

$114,207

Median gross rent (ACS 2023)

$1,184

County FHFA annual change (2025)

2.01%

County median listing price (FRED/Realtor.com) (2026-06-01)

$463,099

Census place type

village

County

Sandoval County

Land area (Census Gazetteer 2024)

10.79 sq mi

Census GEOID

3517960

Census ACS, FHFA, and FRED figures are labeled with the year present in existing CSVs. Subject to change / confirm locally.

Local life

Life in Corrales

Schools

RIO RANCHO PUBLIC SCHOOLS — 21 schools, 17,272 students enrolled, per the U.S. Department of Education's Common Core of Data. Sandoval addresses may be served by RIO RANCHO PUBLIC SCHOOLS, but attendance zones vary by street — confirm assigned schools with the district before making a move.

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Common questions

Corrales FAQ

What are houses worth in Corrales, NM?

The Census Bureau's American Community Survey puts the median value of houses in Corrales at $549,700. Sandoval County's current median listing price runs $463,099, roughly flat over the past year.

How much do houses cost in Corrales, NM?

For owner-occupied houses in Corrales, Census ACS data shows a median value of $549,700. Active listing prices in Sandoval County may differ — see the market snapshot above.

What types of houses are in Corrales, NM?

Corrales houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Sandoval County communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.

What is the population of Corrales, NM?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Corrales's population at approximately 8,557.

What's the median rent in Corrales, NM?

The Census ACS estimates median gross rent in Corrales at approximately $1,184 per month.

What is the median household income in Corrales, NM?

Census ACS data puts the median household income in Corrales at approximately $114,207.

Is the Corrales housing market growing?

Sandoval County's FHFA house price index shows a 2.01% annual change in 2025.

Is Corrales, NM affordable relative to income?

Census ACS data puts Corrales's median home value at about 4.8 times the median household income, with median gross rent equal to roughly 12% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

What school district serves Corrales, NM?

Manifest and public school-directory data suggest RIO RANCHO PUBLIC SCHOOLS for many Corrales addresses, but attendance zones vary by street — verify your assigned schools with the district before making a move.

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