87048, Corrales, NM Housing Market
Hyperlocal market intelligence for ZIP code 87048 in NM. Located in Sandoval County, NM. Part of the Albuquerque, NM metro area.
PropertyIQ Score
Get 87048, Corrales, NM market updates
Choose your role for tailored insights.
87048, Corrales, NM Housing Market Overview
Understanding the housing market in ZIP code 87048 requires hyperlocal data that metro and county analyses simply cannot provide. PropertyIQ's demand signal scoring — validated across more than two decades of housing data (2001–2023) — extends to ZIP-code granularity for 87048, Corrales, NM, giving investors and agents a competitive edge in NM's most specific market segments.
Mountain West ZIP codes experienced explosive growth through 2022, with dramatic variation in post-boom performance. PropertyIQ's ZIP-level scores separate neighborhoods with sustained demand from those experiencing corrections, providing the hyperlocal precision investors need in volatile markets.
The PropertyIQ Score for 87048, Corrales, NM is built from four inputs measured at the ZIP-code level: Zillow home-value momentum over twelve months, Zillow home-value momentum over three months, the median days listings spend on the market (Realtor.com), and the share of listings with a price cut (Realtor.com). The score runs on a 1 to 99 scale computed across all ZIP codes nationally and calibrated so 50 equals the state average, so a score above 50 points to a micro-market positioned to outperform its state.
Explore 87048, Corrales, NM's full market profile including ZIP-level score trends, home value data, and comparisons with neighboring ZIP codes. Use the interactive map to visualize demand signals across the area and identify hyperlocal investment opportunities.
Other NM ZIP Codes
87048, Corrales, NM is located in Sandoval County, NM.
This ZIP code is part of the Albuquerque, NM metro area.
Sourced from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA. Per-statistic source and date shown above.