Why Live in Corrales
Corrales, known as the Horse Capital of New Mexico, is a rural village about 15 miles north of downtown Albuquerque with a population of approximately 8,600. The area boasts beautiful landscapes and extraordinary views of the Sandia Mountains, making it a sought-after location for those preferring a natural setting over city life. Corrales Road, the main thoroughfare, passes through vintage buildings, shops, and restaurants, including Casa Vieja and Ex Novo Brewery, which contribute to the local nightlife. Attractions in Corrales include the historic Old San Ysidro Church and Casa San Ysidro museum, as well as numerous art galleries and events like the Corrales Art & Studio Tour. The village features adobe Pueblo-style homes on lots of an acre or more, preserving its rural character through land use ordinances. Public schools such as Corrales Elementary and Cibola High School are highly rated, while private options include Sandia View Christian School. Recreational amenities include parks, gyms, and the Robert Bell Skate Park, with community events like the Corrales Harvest Festival and Christmas de Los Caballos Parade. Despite concerns like coyotes and flooding, Corrales has a low crime risk compared to the national average, with minimal violent and property crime reported. For shopping, residents frequent locally owned businesses along Corrales Road or head to nearby Cottonwood Mall and other retail centers.
Home Trends in Corrales, NM
On average, homes in Corrales, NM sell after 57 days on the market compared to the national average of 50 days. The median sale price for homes in Corrales, NM over the last 12 months is $675,000, down 4% from the median home sale price over the previous 12 months.
Median Sale Price
$675,000
Median Single Family Sale Price
$751,000
Median Townhouse Sale Price
$452,000
Median 2 Bedroom Sale Price
$425,000
Average Price Per Sq Ft
$311
Number of Homes for Sale
36
Last 12 months Home Sales
136
Median List Price
$786,900
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-4%