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Ratings provided by 
Madrid, NM Real Estate Snapshot
List Price
$500,000
$/Sqft
$325
Homes For Sale
5
Home Size
1,100 Sqft
Days on Movoto
383
Frequently Asked Questions about Real Estate in Madrid, NM
In July 2026 Madrid homes were listed to buy for a median price of $450K, which is a 10% decrease to June 2025 last month, and a 9% decrease to July 2025 last year. The median value of a home listed to buy in Madrid in July 2026 was $308 per sqft, which is a 13% decrease to June 2025 last month, and a 12% decrease to July 2025 last year.
It is expensive to buy a house in Madrid. Buying a home in Madrid is 1% more expensive compared with the national average.
Yes now is a good time to buy property in Madrid, in July 2026, homes in Madrid have decreased in value (price per sqft) by 12% in the last year compared with July 2025.
Home price are dropping in Madrid, in July 2026, homes to buy in Madrid have decreased in median list price by 10% compared with June 2026, one month ago.
The housing market in Madrid is slowing down. In July 2026, homes for sale in Madrid spent a median of 126 days on the market, a 8% decrease from July 2025 last year.
In July 2026, Madrid homes were listed to buy for a median price of $450K, with 25% down you would need $2.4K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $82.5K.
Yes now is a good time to sell your house in Madrid, in July 2026, homes in Madrid have decreased in value (price per sqft) by 12% in the last year compared with July 2025.
The Movoto Advantage
Movoto gives you access to up-to-the-minute information about real estate in Madrid. As a licensed brokerage in New Mexico (and across the United States), Movoto has access to the latest real estate data including Madrid Homes for Sale, Madrid Single family for Sale, Madrid Townhomes/Condos for Sale, Madrid New Listings for Sale, Madrid Waterfront for Sale, Madrid Foreclosures for Sale.