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Madrid Real Estate Market Facts

  • $192,500Median home price
    19% higher than New Mexico
  • $0Median rent asked
    100% lower than New Mexico
  • 48.5%Home owners
    28% lower than New Mexico
  • 1.3People per home
    50% lower than New Mexico

Madrid Home Affordability

  • $192,500Median home price
    19% higher than New Mexico
  • $32,813Median home income
    28% lower than New Mexico
  • 5.9xHome price to income ratio
    66% higher than New Mexico

Madrid Affordability Calculator

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Madrid Mortgage Calculator

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Madrid Demographics

  • 132Population
  • 95People / sq mile
  • 63.5Median age
  • 1.4:1Male/Female ratio

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Golden, NM33$0100%
Santo Domingo Pueblo, NM2,737$64,70065%
Cochiti, NM525$81,70056%
San Felipe Pueblo, NM2,858$93,50049%
Peña Blanca, NM628$115,30038%
Madrid, NM132$192,5004%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
New Blaine, AR132$337,10083%
Prestonville, KY132$91,90050%
Custer, MT132$81,80056%
Whittlesey, WI132$136,40026%
Heidelberg, MN132$235,70028%
Madrid, NM132$192,5004%
Source: The Madrid, NM housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).