Española, NM metro area Housing Market Brief
metro · as of May 2026
What is Española, NM metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Española, NM metro area in its market cycle?
Española, NM metro area is classified as Recovering — turning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.
Española, NM metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $488K | ▼ -4.4% |
| Median Days on Market | 211 days | ▲ +64.8% |
| Months of Supply | 10.1 | ▼ -56.6% |
| Homes for Sale | 81 | ▼ -12.9% |
| Homes Sold | 8 | ▲ +100% |
| Median Price / Sq Ft | $172 | ▼ -30.8% |
| Sale-to-List Ratio | 97.4% | ▲ +3.9% |
How has Española, NM metro area’s Alpha Score moved?
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Frequently asked questions
Is Española, NM metro area a buyer's or seller's market?
As of May 2026, Española, NM metro area is classified as a Balanced Market, based on its Alpha Score of 43 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Española, NM metro area?
The median sale price in Española, NM metro area is $488K, having fallen 4.4% over the past year.
How affordable is Española, NM metro area?
Española, NM metro area scores 18 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Española, NM metro area's Alpha Score?
Española, NM metro area's strongest dimension is Inventory Health (51/100) and its weakest is Affordability (18/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Española, NM metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.