Homes For Sale & Real Estate in 87048

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United StatesNew MexicoCorrales87048

87048 Real Estate Insights

ZIP code 87048 is located in Corrales, New Mexico.

ZIP code 87048 is home to many stores, such as art galleries, knitting supply stores and antique shops, allowing customers to come to this area to enjoy the shopping.

If you seek a sense of steadfast community, ZIP code 87048 offers just that; a high percentage of homes are owned by their occupants who have found the area ideal for settling down. If you like to be in the company of college graduates, this place could be the place for you, with a large percentage of its residents holding a college degree. This area has a higher per-capita income than the US average.

Home prices in ZIP code 87048 noticeably rose 5.7 percent year-over-year in this year, reaching an average listing price of $543,121 from a previous $513,991. In the meantime, the local for-sale market inventory slightly declined 2.7 percent last year to reach 110 for-sale listings. If you love the look of houses in places like New Mexico and Arizona, you should consider moving to this location as there plenty of adobe homes to choose from. Certain residential properties in this location feature gourmet kitchens with practical designs and high-performance appliances giving you the perfect space for your kitchen creations. Quite a few homes in this locale are furnished with a spacious wine cellar, providing the perfect environment for you to let your collection of special vintages age.