Current Price

$315,941

1 Month Forecast

â–² $346,487

1-Year Forecast *

â–² $364,339

5-Year Forecast *

â–² $429,956

"Is it a good time to buy homes in Espanola?" "Does investing in real estate in Espanola (New Mexico State, Rio Arriba County) worth it?" According to our live Forecast System, buying a house in Espanola is a good short-term (1-year) investment*. The Espanola average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Espanola" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Espanola in New Mexico State, Rio Arriba County. If you are looking for homes for sale with good flipping profit, Espanola can be a profitable property investment option. The median price of an average house in Espanola was 315,941 USD on 2026-02-16. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Espanola" area is 429,956 USD by 2031-02-16. For a 5-year investment the profit is expected to be around +36.09% meaning that investing 100000 USD today may yield a profit of 36,087 USD by 2031.

Current Median Listing Price: 315,941 USD Median Listing Price Per Square Foot: 176 USD

Espanola Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Espanola (New Mexico State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Espanola Price Target

Espanola median home price target in 12 months: $364,339* (upside of 15.3%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $334,578 $344,387 $334,578 $344,387
2024 $295,199 $315,941 $295,199 $315,941
2023 $276,578 $293,332 $274,040 $293,332
2022 $263,787 $278,270 $263,787 $283,385
2021 $240,075 $262,250 $240,075 $262,250
2020 $206,429 $237,554 $204,822 $237,554
2019 $197,501 $207,066 $197,501 $207,066
2018 $181,786 $197,017 $181,786 $197,017
2017 $180,339 $181,098 $179,430 $182,669
2016 $169,264 $179,073 $168,367 $179,073
2015 $168,160 $170,396 $165,632 $171,356
2014 $166,177 $169,367 $166,177 $176,246
2013 $170,284 $164,568 $164,568 $170,284
2012 $162,118 $169,377 $160,070 $169,377

Questions & Answers about the Espanola Housing Market Forecast

How much does an average home cost in Espanola today?

The value of an average home (the listing price) in Espanola is $315,941 USD.

What is the average price per square foot in Espanola?

According to Walletinvestor the median price per square foot in Espanola is 176 USD.

Will the median listing price of homes in Espanola grow / rise / go up?

Yes. The Espanola home prices may rise from 315,941 USD to 364,339 USD in one year.

Is it profitable to invest in Espanola homes?

Yes. The long-term profit potential is +15.32% in one year.

Will Espanola house prices fall / drop?

No. See above.

What is the predicted price of a Espanola home in 2030?

The predicted home sales price of a Espanola home in 2030 in Espanola is 412,017 USD.

What is the predicted price of a Espanola home in 2035?

The predicted home sales price of a Espanola home in 2035 in Espanola is 509,525 USD.

Will real estate prices decrease in Espanola?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Espanola is the 3906. largest city in the United States, located in New Mexico State.

During the last 12 months the real estate prices in Rio Arriba, Espanola decreased, looking at the past 12 months.

According to Walletinvestor's Espanola real estate market research, home values will increase in the next 12 months.

Median home values decreased by 7.054% to 315,941 USD, between 2025-02-16 and 2026-02-16

The average annual profit of property investment was:

  • 14.369% in 2021
  • 14.659% in 2022
  • 15.199% in 2023
  • 15.759% in 2024
  • 13.389% in 2025
  • 15.729% in 2026

Based on our Espanola real estate market research and report the predicted sales prices will increase by 315.910% in the next 10 years.

Over the last 12 months, the value of homes in Espanola fluctuated: increasing 4 times and decreasing 1 times.

Espanola (New Mexico) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Espanola Housing Market Forecast with Real Estate Prices for 2025
August 2025 346487 314611 378364
September 2025 348601 313741 383461
October 2025 350728 331087 370368
November 2025 352867 322168 383567
December 2025 355020 331943 378096
Espanola Housing Market Forecast with Real Estate Prices for 2026
January 2026 356269 335605 376932
February 2026 355636 328608 382664
March 2026 355960 332466 379453
April 2026 357836 337439 378233
May 2026 360019 333737 386300
June 2026 362130 341126 383133
July 2026 364339 332642 396037
August 2026 366562 337237 395887
September 2026 368798 349989 387606
October 2026 371047 346929 395166
November 2026 373311 346059 400563
December 2026 375588 343663 407513
Espanola Housing Market Forecast with Real Estate Prices for 2027
January 2027 377310 350144 404477
February 2027 376018 354209 397827
March 2027 374731 346251 403210
April 2027 373448 354402 392493
May 2027 372451 353083 391818
June 2027 371175 341110 401241
July 2027 369904 338463 401346
August 2027 368638 339515 397760
September 2027 370107 348641 391574
October 2027 372365 335501 409229
November 2027 374637 346914 402360
December 2027 376922 339230 414614
Espanola Housing Market Forecast with Real Estate Prices for 2028
January 2028 379221 351917 406525
February 2028 381535 345289 417781
March 2028 383862 353921 413803
April 2028 386204 366121 406286
May 2028 388560 357475 419645
June 2028 390930 362392 419468
July 2028 392855 366141 419569
August 2028 395251 370746 419757
September 2028 397662 365054 430271
October 2028 399393 362648 436137
November 2028 399145 379188 419102
December 2028 398541 375425 421656
Espanola Housing Market Forecast with Real Estate Prices for 2029
January 2029 398129 361103 435155
February 2029 399677 362907 436447
March 2029 402115 378390 425840
April 2029 404568 369775 439361
May 2029 407036 378137 435936
June 2029 409519 380443 438595
July 2029 412017 388120 435914
August 2029 414531 391317 437745
September 2029 415642 380312 450971
October 2029 415558 374002 457113
November 2029 415766 390820 440712
December 2029 416356 393873 438839
Espanola Housing Market Forecast with Real Estate Prices for 2030
January 2030 418896 397532 440259
February 2030 421451 385206 457696
March 2030 424022 399853 448191
April 2030 426609 389494 463724
May 2030 429211 394874 463548
June 2030 430721 404878 456565
July 2030 429956 407598 452314
August 2030 430348 395920 464775
September 2030 432616 405361 459871
October 2030 435255 397823 472687
November 2030 437807 409350 466265
December 2030 440478 415371 465585
Espanola Housing Market Forecast with Real Estate Prices for 2031
January 2031 443165 405496 480834
February 2031 445868 418225 473512
March 2031 448588 422122 475055
April 2031 451325 427405 475245
May 2031 454078 409578 498578
June 2031 456160 420580 491741
July 2031 454598 410957 498239
August 2031 453041 422234 483848
September 2031 451490 407695 495284
October 2031 450285 426870 473700
November 2031 448743 418228 479258
December 2031 447206 405616 488797
Espanola Housing Market Forecast with Real Estate Prices for 2032
January 2032 445675 408238 483112
February 2032 447452 403601 491302
March 2032 450181 424521 475842
April 2032 452928 411711 494144
May 2032 455691 428805 482576
June 2032 458470 431421 485520
July 2032 461267 434975 487559

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.