Madrid, NM Housing Statistics

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A-

3%

Med. Home Val. NAT. AVG.

100%

Rent NAT. AVG.

47%

Owner Occ. NAT. AVG.

Madrid Housing Information

Index	Madrid	New Mexico	National
Median home price	$336,075	$283,484	$326,622
Median rent asked	$0	$1,180	$1,444
Avg. people per household	1.2	2.7	2.6
Owner occupied households	33.8%	67.8%	63.6%
Renter occupied households	66.2%	32.2%	36.4%

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Homes For Sale In Madrid, NM

2872 NM-14

Madrid, NM

5 S Arroyo Rd

Cerrillos, NM

2882 NM 14

Cerrillos, NM

6 Harvey Rd

Cerrillos, NM

Housing Quick Facts

The median home price in Madrid is 3% higher than the national average.
The median rent asked in Madrid is 100% lower than the national average.
The average number of people per household in Madrid is 54% lower than the national average.
The number of owner occupied households in Madrid is 47% lower than the national average.
The number of renter occupied households in Madrid is 82% higher than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Los Cerrillos, NM	92	$0	100%
Golden, NM	0	$0	100%
Santo Domingo Pueblo, NM	2,363	$218,844	33%
Peña Blanca, NM	833	$266,075	19%
Cochiti, NM	497	$315,973	3%
Madrid, NM	328	$336,075	3%

Cities with similar population

	Population	Home Price	National Avg.
Kempton, IL	328	$93,410	71%
Garland, NE	328	$224,212	31%
Davy, WV	328	$37,437	89%
Horn Hill, AL	328	$241,385	26%
Edroy, TX	328	$54,613	83%
Madrid, NM	328	$336,075	3%

Source: The Madrid, NM housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.