43Alpha

Española, NM metro area Housing Market Brief

metro · as of May 2026

Balanced

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.

Price Momentum20%
+10.743
Inventory Health25%
-11.451
Affordability20%
18
Economic Strength20%
No data
50
Rental Yield15%
51

Where is Española, NM metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Española, NM metro area is classified as Recoveringturning 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

MetricValueYoY
Median Sale Price$488K-4.4%
Median Days on Market211 days▲ +64.8%
Months of Supply10.1-56.6%
Homes for Sale81-12.9%
Homes Sold8▲ +100%
Median Price / Sq Ft$172-30.8%
Sale-to-List Ratio97.4%▲ +3.9%

How has Española, NM metro area’s Alpha Score moved?

Now: 43
4-period trend
Median sale price · 12 mo

Markets like Española, NM metro area

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.