Corrales (87048) in New Mexico Real Estate, Demographics, Mortgage and Jobs

USA	New Mexico	Corrales New Mexico

Corrales, NM 87048

Corrales (87048) has an estimated 8,682 residents with 8,678 of those people in approximately 3,671 housing units. The 87048 zipcode contains 2,248 housing units that are owned with a mortgage or a loan, 945 housing units that are owned free and clear and 478 housing units that are renter occupied.

In Corrales (87048) the median listing price of $529,900 has dropped by $100 since 2018-10.

In 2018 the average percentage drop was 2.17% of original listing price.

Zip code 87048 is in the Albuquerque metropolitan area.
The median estimated home value in Corrales, NM (87048) is $438,900 as of 2018-10-31

The Zillow Market Health Index for Corrales, NM (87048) is 3.07. The corresponding state value is 2.55. This is higher than the overall Market Health Index of NewMexico.
Metro value is 2.49.
This is higher than the overall Market Health Index of Albuquerque.

Demographics of Corrales zipcode 87048
The median age here is 51.10. This age is 134.5% the national median age.
This population is much older than the national average.
The number of male residents is 4,181 with a median age of 50.90 years. The number of female residents is 4,501 with a median age of 51.40 years. This yields a ♂ to ♀ ratio of 0.93
The average household is 2.36 persons and has an income of $95,750.
The average family size in Corrales is 2.75.
Area Code: 505
Time zone: Mountain USA
Region: West - Mountain
Has Daylight Saving: Yes
Businesses: 204
Employment: 1,191
Medicare Area: Albuquerque, NM
County: SANDOVAL

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