- $46,000
- 1.04 Acre
Lots & Land For Sale in Hernandez, NM
10 Homes
Hernandez, NM Homes for Sale
In the heart of Española, this lot is ready for a double-wide manufactured home on a permanent foundation. All utilities at the property line. This location is close to restaurants and shopping. Maximum building size is 28 x 40. Short commute to Los Alamos, Santa Fe and Taos. Great investment property!
- $35,000
- 0.09 Acre
Hernandez, NM Homes for Sale
Prime 0.237-Acre Commercial Lot in Española.
Excellent opportunity to own a 0.237-acre flat commercial lot conveniently located in the town of Española. Zoned B-2 Commercial, this property offers flexibility for a variety of potential business or development uses. Utilities are available to the lot, and the level terrain provides a great foundation for building.
Convenient access from N. Riverside Drive makes this property easy to reach and well-positioned for commercial visibility and accessibility. Whether you're looking to build a business, develop an investment property, or secure a well-located commercial parcel, this property is ready for your vision.
- $95,000
- 0.24 Acre
$20K
Hernandez, NM Homes for Sale
Prime 0.99-Acre Commercial Lot in Española.
Excellent opportunity to own a 0.99-acre flat commercial lot conveniently located in the town of Española. Zoned B-2 Commercial, this property offers flexibility for a variety of potential business or development uses. Utilities are available to the lot, and the level terrain provides a great foundation for building.
Convenient access from N. Riverside Drive makes this property easy to reach and well-positioned for commercial visibility and accessibility. Whether you're looking to build a business, develop an investment property, or secure a well-located commercial parcel, this property is ready for your vision.
- $170,000
- 0.99 Acre
Hernandez, NM Homes for Sale
Prime 0.427-Acre Commercial Lot in Española.
Excellent opportunity to own a 0.427-acre flat commercial lot conveniently located in the town of Española. Zoned B-2 Commercial, this property offers flexibility for a variety of potential business or development uses. Utilities are available to the lot, and the level terrain provides a great foundation for building.
Convenient access from N. Riverside Drive makes this property easy to reach and well-positioned for commercial visibility and accessibility. Whether you're looking to build a business, develop an investment property, or secure a well-located commercial parcel, this property is ready for your vision.
- $115,000
- 0.43 Acre
Hernandez, NM Homes for Sale
This stunning one-acre parcel in the Monte de Luz Subdivision offers beautiful mountain views and a peaceful, secluded setting. Perfect for building your dream home or as an investment opportunity, this lot provides the ideal blend of tranquility and convenience. Enjoy the serene, rural atmosphere with star-filled skies at night, while still being just a short drive from Espanola and an easy commute to Los Alamos and Santa Fe. A rare find for those seeking both privacy and accessibility!
- $39,900
- 1.05 Acre
$5.1K
Hernandez, NM Homes for Sale
This serene property offers gorgeous views of the Jemez Mountains to the southeast and the dramatic cliffs of Black Mesa to the east.
Located less than an hour north of Santa Fe, an hour southeast of Taos, and a short commute from Los Alamos, it serves as an outstanding gateway to all the outdoor adventures of northern New Mexico — including hiking, skiing, boating, and fishing.
Just 20 minutes away you’ll find the scenic town of Abiquiu (Georgia O’Keeffe country) and the world-renowned natural hot springs at Ojo Caliente, both home to highly rated restaurants.
The gated subdivision of approximately 30 lots features a well-maintained gravel road. Covenants allow site-built homes, including smaller builds ideal for a summer home. The lot is already equipped with electric service (including transformer) and telecom lines.
Note: photographs include aerial telephoto views from above the property.
- $82,000
- 5.77 Acre
Hernandez, NM Homes for Sale
Commercial or residential opportunity just outside of Espanola, New Mexico! This 1.65 acre lot is now available for site builds, manufactured or modular housing, commercial development, i.e., storage facility with minimal utilities required, and more! Located across the street from the Dollar General store, and the first lot next to US Highway 84/285 in Alcalde, this square raw acreage surrounded by utilities awaits the right visionary's dream. Please note this is 2 separate parcels owned by the same seller. The first parcel is .90 acres closest to the highway, while the 2nd parcel is .75 acres and sets back further. Lots may be sold separately.
- $260,000
- 1.65 Acre
Hernandez, NM Homes for Sale
Available for purchase is a rare parcel (0.531 acres) located within the Espanola city limits. The west boundary of this property meanders along the "Vigiles ditch." The area below the acequia is flat and was formerly a garden, a use it could easily be restored to.
- $40,000
- 0.53 Acre
$5K
Hernandez, NM Homes for Sale
Amazing opportunity for a large land investment with a well already on the property. Build your own secluded dream home or subdivide this magnificent piece of New Mexican history overlooking the Rio Chama, Tres Piedras, Ojo Caliente and Santa Clara. Access to Highways offer quick commutes to Santa Fe and Española.
- $270,000
- 63.96 Acre
$30K
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The prices shown are the median list prices.Espanola Homes for sale
$285,000
Alcalde Homes for sale
$70,000
Chimayo Homes for sale
$275,000
Velarde Homes for sale
$245,000
Santa Cruz Homes for sale
$899,000
Medanales Homes for sale
$145,000
Ohkay Owingeh Homes for sale
$1,250,000
Fairview Homes for sale
$395,000
87532, NM Homes for sale
$277,500
87537, NM Homes for sale
$30,000
87566, NM Homes for sale
$239,000
87511, NM Homes for sale
$242,500
87548, NM Homes for sale
$105,000
87567, NM Homes for sale
$350,000
87582, NM Homes for sale
$245,000
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Hernandez, NM real estate market trends
Statistics as of November 2026
$135K
Avg. list price
$140/Sqft
Avg. price/sqft
4
Homes for sale
960 Sqft
Avg. home size
214 Days
Avg. days on market
Movoto makes it easy to track market trends in Hernandez, NM. Whether you’re entering the market or planning your next move, understanding these key metrics can guide smart decisions. Looking for more detailed housing market stats in Hernandez, NM?
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Frequently Asked Questions about Hernandez, NM
In November 2026 Hernandez homes were listed to buy for a median price of $119K, which is a 75% decrease to October 2025 last month, and a 74% decrease to November 2025 last year. The median value of a home listed to buy in Hernandez in November 2026 was $119 per sqft, which is a 41% decrease to October 2025 last month, and a 40% decrease to November 2025 last year.
It is affordable to live in Hernandez. Buying a home in Hernandez is 0% less expensive compared with the national average.
Yes now is a good time to buy property in Hernandez, in November 2026, homes in Hernandez have decreased in value (price per sqft) by 40% in the last year compared with November 2025.
Home price are dropping in Hernandez, in November 2026, homes to buy in Hernandez have decreased in median list price by 11% compared with October 2026, one month ago.
The housing market in Hernandez is slowing down. In November 2026, homes to buy in Hernandez spent an median 147 days on the market, a 7% decrease from November 2025 last year.
In November 2026, Hernandez homes were listed to buy for a median price of $119K, with 25% down you would need $679/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $23.2K.
Yes now is a good time to sell your house in Hernandez, in November 2026, homes in Hernandez have decreased in value (price per sqft) by 40% in the last year compared with November 2025.