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ZIP code 87048 · Albuquerque, NM · New Mexico
Median Home Value
$707,696
YoY Change
+3.9%
12 Mo Ago
$681,260
Metro Area
Albuquerque, NM
Real Estate Intelligence · Sprytne.com
ZIP 87048 (Corrales, NM) has a median home value of $707,696 according to Zillow ZHVI data. Values are up +3.9% year-over-year (from $681,260). This ZIP is part of the Albuquerque, NM metropolitan area.
Source: Zillow Research — ZHVI (Zillow Home Value Index) · 35th–65th percentile, seasonally adjusted
| Period | ZHVI | Change |
|---|---|---|
| Current (latest) | $707,696 | +3.9% |
| 12 Months Ago | $681,260 | baseline |
The median home value in Corrales, NM (ZIP 87048) is $707,696 according to Zillow ZHVI data as of 2026-03-31.
Home prices in Corrales, NM are up +3.9% year-over-year. The current ZHVI is $707,696 vs $681,260 a year ago.
ZIP code 87048 (Corrales, NM) is in the Albuquerque, NM metropolitan area.
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Source: Zillow Research — ZHVI Public Data. Single-family homes & condos, 35th–65th percentile tier, seasonally adjusted. Does not represent all-homes index.