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Madrid, NM

Full City Profile · New Mexico · Los Alamos County County

3.0 /5.0
B Good
248 Population 178/sq mi density
$380,000 Home Value $812,179 Zillow
50°F Avg Temperature 318 sunny days/yr
106 Violent Crime/100K 2,192 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
F
Safety
1.0 / 5.0
106 violent crimes/100K
A+
Education
5.0 / 5.0
91.9% bachelor's degree or higher

Housing Overview

Median Home Value
$380,000
35% above
US avg: $281,900
Homeownership Rate
23.8%
64% below US avg (65.4%)
Total Housing Units
286
Median year built: 1938

Home Value by Source

Census Median
$380,000
Zillow (ZHVI)
$812,179
Median Sale Price
$374,000
Median List Price
$500,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

23.8%
Owner-Occupied
76.2%
Renter-Occupied
24%
76%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$828/mo
1 Bedroom
$927/mo
2 Bedroom
$1,129/mo
3 Bedroom
$1,496/mo
4 Bedroom
$1,758/mo

Market Indicators (Redfin)

Median Days on Market
192 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$346
Active Inventory
2
homes for sale

Affordability & Housing Stock

Rent Burden
17.5%
of renters spending 30%+ of income on housing
44% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
23.8%

Complete Housing Data

Home Values

Census Median Value$380,000
Zillow Home Value (ZHVI)$812,179
Median Sale Price$374,000
Median List Price$500,000
Price Per Sq Ft$346

Rent

FMR Studio$828
FMR 1-Bedroom$927
FMR 2-Bedroom$1,129
FMR 3-Bedroom$1,496
FMR 4-Bedroom$1,758

Market

Days on Market192
Sale-to-List Ratio0.9%
Price Drops0.0%
Homes Sold1
Active Inventory2
Price Per Sq Ft$346

Ownership & Stock

Owner-Occupied23.8%
Renter-Occupied76.2%
Homeownership Rate23.8%
Total Housing Units286
Median Year Built1938
Rent Burden17.5%