87048
Corrales, New Mexico.
Corrales, Sandoval County, NM · Albuquerque, NM metro · population 9,069
to buy the typical home at today's mortgage rate — +$2,091 (+130%) since Jan 2020.
- 1 year
- Up $16,040 +2%
- $689,051$705,091 since Sep 2025
- 5 years
- Up $155,163 +28%
- $549,927$705,091 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 87048$3,701
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 14 years.
Typical home values in zip 87048 rose 2.3% over the past year — faster than the nation's +1.2%.
This zip spans 2 counties: Sandoval County, NM 98% · Bernalillo County, NM 2%
Zillow also publishes an index for the city itself: Corrales, NM — measured over the city limits, which is a different area from this zip.
Asking rent — 87048
Against the Albuquerque, NM metro and the national benchmark.
Not enough data to draw this yet.
Typical home value — 87048
Mid-tier homes, smoothed and seasonally adjusted.
- 87048$705,091
- Albuquerque$348,674
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 4.1 | 87113 | Albuquerque | 16,074 | $2,116 | $425,563 |
| 4.4 | 87114 | Albuquerque | 70,117 | $1,710 | $374,661 |
| 6.3 | 87109 | Albuquerque | 39,324 | $1,394 | $377,722 |
| 7.0 | 87107 | Albuquerque | 27,566 | $1,245 | $349,387 |
| 8.2 | 87122 | Albuquerque | 18,578 | $2,216 | $748,956 |
| 8.4 | 87144 | Rio Rancho | 51,837 | $2,241 | $372,888 |
| 9.0 | 87111 | Albuquerque | 57,085 | $1,466 | $417,010 |
| 9.2 | 87110 | Albuquerque | 39,685 | $1,434 | $318,887 |
| 9.7 | 87104 | Albuquerque | 12,853 | $1,730 | $355,748 |
| 10.3 | 87124 | Rio Rancho | 58,499 | $1,688 | $348,597 |
| 10.5 | 87004 | Bernalillo | 11,237 | — | $341,374 |
| 10.5 | 87120 | Albuquerque | 66,097 | $1,636 | $358,654 |
| 10.6 | 87043 | Placitas | 4,223 | — | $642,106 |
| 10.8 | 87102 | Albuquerque | 20,123 | $1,133 | $245,279 |
| 11.0 | 87112 | Albuquerque | 44,250 | $1,387 | $320,551 |
| 11.6 | 87108 | Albuquerque | 36,331 | $962 | $281,979 |
| 14.3 | 87008 | Cedar Crest | 2,520 | — | $466,725 |
| 14.7 | 87123 | Albuquerque | 42,252 | $1,213 | $341,861 |
| 15.8 | 87106 | Albuquerque | 26,953 | $1,409 | $364,902 |
| 17.1 | 87105 | Albuquerque | 54,367 | $1,419 | $280,356 |
| 18.2 | 87001 | Algodones | 3,560 | — | $386,622 |
| 19.4 | 87047 | Sandia Park | 5,402 | — | $530,866 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.