As of October 11, 2026, the median list price in Española, New Mexico (city limits / MLS city designation) is $367,450 across 66 active listings. For residential homes (single-family and attached), the median list price is $395,000 at a median of $220 per square foot. 18 new listings hit the market in the last 30 days. With 9 listings under contract (13.6% of inventory), conditions point to a balanced-to-buyer's market.
Española Market Snapshot (city-level data)
| Metric | Value |
|---|---|
| Active listings (inventory) | 66 |
| Median list price | $367,450 |
| Average (mean) list price | $368,218 |
| Middle 50% price range (P25–P75) | $227,500 – $438,000 |
| Median price per sqft | $220/sqft |
| Median days on market | 48 days |
| New listings (last 30 days) | 18 |
| Under contract | 9 (13.6%) |
| Median year built | 1970 |
| Median living area | 1,680 sqft |
What Homes Actually Sold For in Española (closed-sale data)
Closed-sale data: detached single-family homes in Española, SFAR MLS. Trailing 12 months through October 11, 2026. Inventory and pending counts in this section use that same snapshot date.
| Metric | Value |
|---|---|
| Homes sold (last 12 months) | 53 |
| Median sale price (12 mo) | $399,900 |
| Median sold $/sqft (12 mo) | $216/sqft |
| Median days on market, sold homes (12 mo) | 32 days |
| Original asking price received (median, 12 mo) | 96.9% of original asking price |
| Sold above / below final asking (12 mo) | 15% sold over asking (while 62% sold under) |
| Final asking price received (median, 12 mo) | 97.9% of final asking price |
| Homes sold (last 90 days) | 20 |
| Median sale price (90 days) | $362,000 |
| Months of inventory (true absorption) | 4.3 months |
Sales by Price Band (last 12 months)
| Price band | Closed sales |
|---|---|
| Under $400K | 27 sales (51%) |
| $400K–$700K | 22 sales (42%) |
| $700K–$1M | 4 sales (8%) |
| $1M–$2M | 0 sales (0%) |
| Over $2M | 0 sales (0%) |
By Property Type
| Property type | Inventory | Median list price | Median $/sqft | Median DOM |
|---|---|---|---|---|
| Residential (single-family & attached homes) | 37 | $395,000 | $220 | 52 |
| Vacant land & lots | 15 | $135,000 | — | — |
Frequently Asked Questions
What is the median home price in Española, New Mexico?
As of October 11, 2026, the median list price in Española, New Mexico (city limits / MLS city designation) is $367,450 across 66 active listings (all property types). For residential homes specifically, the median list price is $395,000.
What is the average price per square foot in Española, NM?
The median price per square foot in Española, New Mexico (city limits / MLS city designation) is $220/sqft (mean $233/sqft), based on 37 listings with reported square footage, as of October 11, 2026.
How long do homes take to sell in Española, NM?
Active listings in Española, New Mexico (city limits / MLS city designation) show a median of 48 days on market (mean 89 days) as of October 11, 2026. Well-priced homes in high-demand segments move faster than the median.
Is Española a buyer's or seller's market right now?
Current data points to a balanced-to-buyer's market in Española, New Mexico (city limits / MLS city designation): only 14% of listed inventory is under contract — buyers have negotiating room (9 of 66 listings under contract as of October 11, 2026).
What price range covers most homes for sale in Española, NM?
The middle 50% of active listings in Española, New Mexico (city limits / MLS city designation) are priced between $227,500 and $438,000. Listings range from $35,000 up to $1,023,993, so segment matters — averages alone can mislead.
What do homes actually sell for in Española, NM?
Over the 12 months through October 11, 2026, 53 detached single-family homes closed in Española, New Mexico (city limits / MLS city designation) at a median sale price of $399,900 ($216/sqft). Sellers received a median 96.9% of original asking price. Aggregate MLS sold data from SFAR.
How fast are homes selling in Española, NM?
For detached single-family homes that closed in Española, New Mexico (city limits / MLS city designation) in the 12 months through October 11, 2026, median recorded days on market was 32. At 4.3 months of inventory, supply and demand are roughly balanced (6 months is the classic equilibrium benchmark).
Data source & methodology: Active-listing statistics computed from Santa Fe Association of REALTORS® (SFAR) and Southwest MLS (SWMLS) data as displayed via IDX on buysellnewmexico.com, snapshot date October 11, 2026. Geographic bin: Española, New Mexico (city limits / MLS city designation) (bin type: city). Closed-sale statistics computed from board-direct SFAR MLS sold records for detached single-family homes (as of 2026-10-11), de-duplicated across boards for dual-listed properties. New Mexico is a non-disclosure state: only aggregate sold statistics (medians, counts, ratios) are published — never individual sale prices. Median values are used in preference to averages to limit distortion from luxury-segment outliers. Metrics with insufficient reporting samples are omitted rather than estimated. Prepared by Matthew Scarborough — Scarborough Realty Group, Keller Williams Santa Fe.