Why Live in Espanola
Española, located around 25 miles north of Santa Fe in the remote high desert, is a culturally rich and historically significant neighborhood. Originally home to the Tewa Indians and settled by the Spanish in the late 1500s, Española is known for its multicultural and trilingual community. The area features Northern New Mexico-style and Pueblo Revival homes, with options ranging from compact lots within city limits to larger properties with acreage in nearby villages. Downtown Española offers a variety of local eateries specializing in Spanish and New Mexican cuisine, while Riverside Drive hosts casual dining spots, grocers, and big box stores like Walmart and Lowe's. The nearby Santa Clara and Pojoaque Pueblos are home to casinos, including the Buffalo Thunder Resort and Casino, which hosts the Pathways Indigenous Arts Festival every August. Outdoor enthusiasts will appreciate the proximity to the Jemez Mountains, offering off-roading, hiking, and skiing at the Pajarito Mountain Ski Area. The Rio Grande runs through Española, providing popular fishing spots. Art and religion are central to the community, with annual events like the Pilgrimage to Chimayo and local artist studio tours. Despite its remote location, Española is conveniently connected to Santa Fe and Los Alamos via U.S. Route 285 and New Mexico State Road 30. The neighborhood has seen significant declines in crime rates, with property crime falling by 72% and violent crime by 62% between 2014 and 2023.
Home Trends in Espanola, NM
On average, homes in Espanola, NM sell after 80 days on the market compared to the national average of 50 days. The median sale price for homes in Espanola, NM over the last 12 months is $282,500, down 11% from the median home sale price over the previous 12 months.
Median Sale Price
$282,500
Median Single Family Sale Price
$321,000
Median 2 Bedroom Sale Price
$249,000
Average Price Per Sq Ft
$216
Number of Homes for Sale
30
Last 12 months Home Sales
54
Median List Price
$337,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-11%