Home prices
The median home in Corrales costs $447,600. This is approximately $255,580 (133%) higher in comparison to other places in this area.It is about $230,100 (105%) higher compared to the nation as a whole, and compared to the city of Albuquerque it is about $249,400 (125%) higher.
Rents
In Corrales the median rent is $1,094 per month. It is roughly $76 (7%) higher compared to its surrounding areas.In comparison to the rest of the nation it is approximately $32 (3%) higher, and is roughly $221 (25%) higher compared to the city of Albuquerque.
Nearby places
Rio Rancho
Rio Rancho is Corrales's neighbor to the northwest. Real estate prices there are a lot less expensive. The median home cost in Rio Rancho is $190,800, which is $256,800 (134%) lower than Corrales. Its rents are somewhat more expensive. In Rio Rancho the median rent is $1,167 a month, which comes out to $73 (6%) higher than Corrales.
Edith Endave
Edith Endave is approximately 2 miles southeast from Corrales. Its real estate prices are significantly less expensive. The cost of the median home in Edith Endave is $256,300, which is $191,300 (74%) lower than Corrales. Rent there is somewhat more expensive. In Edith Endave the median rent is $1,208 per month, which comes out to $114 (9%) higher than Corrales.
Pueblo of Sandia Village
Pueblo of Sandia Village is about 2 miles northeast from Corrales. Its real estate prices are a lot less expensive. The median home in Pueblo of Sandia Village is valued at $109,400, which comes out to $338,200 (309%) lower than Corrales. The rent there is a lot less expensive. The median monthly rent in Pueblo of Sandia Village is $744, which comes out to $350 (47%) lower than Corrales.
North Valley
North Valley is approximately 4 miles south of Corrales. The real estate prices there are substantially less expensive. The median home in North Valley costs $221,500, which is $226,100 (102%) lower than Corrales. The rent there is a little less expensive. The median monthly rent in North Valley is $852, which works out to $242 (28%) lower than Corrales.
Paradise Hills
Paradise Hills is about 4 miles southwest of Corrales. Its housing prices are substantially less expensive. The median home value in Paradise Hills is $182,100, which is $265,500 (145%) lower than Corrales. The rent there is pretty similar. In Paradise Hills the median rent is $1,121 per month, which is $27 (2%) higher than Corrales.