Real Estate Price Maphome prices by county

87048 — Corrales, NM home prices

Data as of · by the Real Estate Price Map data team · methodology & sources

ZIP 87048 is flat, a premium-priced area.

Momentum-0.4%Flat
Vs typical+155%Premium

Real Estate Price Map scores, derived from the data on this page · how we calculate them

2014: $356,673 → today: $706,444 (2.0×)

Typical home value
$706,444
Zillow ZHVI
Since 2014
+98%
Rank in NM
#5
of 154 ZIPs

Market read

At $706,444, ZIP 87048 in Corrales is 155% above the typical NM ZIP ($276,712), ranking #5 of 154.

It sits in Sandoval County — see full county data →.

Home value history

Zillow ZHVI, yearly.

Frequently asked questions

What is the average home value in ZIP code 87048?
The typical home in ZIP 87048 (Corrales, NM) is worth $706,444 — 155% above the typical NM ZIP ($276,712).
How have home prices in 87048 changed since 2014?
Home values in ZIP 87048 are +98% versus 2014.
What county is ZIP 87048 in?
ZIP 87048 is in Sandoval County.
ZIP 87048 home value by year
YearZIP 87048 home value
2014$356,673
2015$368,543
2016$376,607
2017$400,553
2018$412,310
2019$442,154
2020$492,500
2021$574,654
2022$634,748
2023$670,294
2024$683,463
2025$709,103
2026$706,444