Madrid, NM
Full City Profile · New Mexico · Los Alamos County County
5.0
/5.0
A+
Excellent
248
Population
178/sq mi density
$380,000
Home Value
$812,179 Zillow
52°F
Avg Temperature
A+
Overall
5.0 / 5.0
Strong
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
Redfin Median Sale
$374,000
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
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 Sale Price
$374,000
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 |
| Redfin Median Sale | $374,000 |
| 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 Market | 192 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Active Inventory | 2 |
| Price Per Sq Ft | $346 |
Ownership & Stock
| Owner-Occupied | 23.8% |
| Renter-Occupied | 76.2% |
| Homeownership Rate | 23.8% |
| Total Housing Units | 286 |
| Median Year Built | 1938 |
| Rent Burden | 17.5% |