Housing in Madrid, NM
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — December 2025Median Sale Price
$200,000
Median List Price
N/A
Price Per Sq Ft
$181
Days on Market
314
Active Inventory
1
Months of Supply
1.0
Seller's market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
72.9%
Buyer's market
Market Activity
Source: RedfinHomes Sold
1
Pending Sales
2
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$181
Madrid vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Madrid is highlighted.
Median Home Value
Median Price Per Sq Ft
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$380,000
Median Rent
N/A
Total Housing Units
275
Vacancy Rate
26.6%
Owner Occupied
23.8%
Renter Occupied
76.2%
Median Property Tax
$680
per year
Monthly Cost (w/ Mortgage)
N/A
Housing Types
The current median sale price in Madrid, NM is $200,000 according to Redfin data. Homes spend a median of 314 days on the market. 0.0% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $181. About 23.8% of housing units are owner-occupied. The median year homes were built is 1938. There are 275 total housing units.