Market Intelligence Report — NM-580
Espanola, NM
Monthly housing intelligence, market trends, and trusted local expertise.
Ref. No: 2026-NM-05
Updated: May 2026
Updated: May 2026
Median Listing
$420K
-15.8% YOY
Pending Ratio
0.17
-5.7% YOY
Active Inventory
109
+14.7% YOY
Median DOM
91 Days
-15.3% YOY
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Market Signals & Indicators
Supply Dynamics
109 active listings represent the current floor, with new supply arriving at roughly 28 per month.
Pricing Pressure
13.4%
of active listings carry a price reduction, -2.3% from prior period.
$/Sq Ft
$0K
Median price per square foot has moved +3.2% year-over-year.
Absorption
0.17
Pending-to-active ratio — supply and demand dynamics are mixed.
Metro Demographics
Metro Area
Espanola, NM
CBSA Code
21580
State
NM