Española, NM metro area Housing Market Brief
metro · NM · score computed October 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.
What’s the forecast for Española, NM metro area?
Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
Española, NM metro area housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $364K | ▼ -12.2% | Redfin |
| Median Days on Market | 97 days | ▲ +273.1% | Redfin |
| Months of Supply | 9.6 | ▼ -28.9% | Redfin |
| Homes for Sale | 108 | 0% | Redfin |
| Homes Sold | 11 | ▲ +37.5% | Redfin |
| Median Price / Sq Ft | $237 | ▲ +32.1% | Redfin |
How has Española, NM metro area’s Alpha Score moved?
Markets like Española, NM metro area
- Vernal, UT metro area, UTmetro40
- Fort Morgan, CO metro area, COmetro23
- Fergus Falls, MN metro area, MNmetro26
- Faribault, MN metro area, MNmetro31
- Brainerd, MN metro area, MNmetro39
- Nogales, AZ metro area, AZmetro44
- Ontario, OR metro area, ORmetro41
- Sonora, CA metro area, CAmetro16
- Klamath Falls, OR metro area, ORmetro29
- Alexandria, MN metro area, MNmetro46
Frequently asked questions
Is Española, NM metro area a buyer's or seller's market?
In the scores computed October 2026, Española, NM metro area is classified as a Deep Buyer's Market, based on its Alpha Score of 16 out of 100. It is based on the 3 of five dimensions we can measure for this market — affordability, economic, and rental-yield — whose weights are scaled up to cover the whole score. The rest are not measured here and are left out rather than filled in with a placeholder.
Are home prices rising or falling in Española, NM metro area?
The median sale price in Española, NM metro area is $364K, having fallen 12.2% over the past year, according to Redfin.
How affordable is Española, NM metro area?
Española, NM metro area scores 23 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 Affordability (23/100) and its weakest is Rental Yield (9/100). The Alpha Score is a weighted blend of five dimensions; 3 of them have data for this market.
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.