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Foreclosure Homes in Corrales, NM

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8 Corrales-road-nw-Corrales-NM-87048
As-Is Deal
$279,000 List Price

Corrales Road Nw
Corrales, NM 87048

| 1 Bath

34 --384-camino-los-milagros-Corrales-NM-87048
Fixer Upper
$190,000 List Price

- 384 Camino Los Milagros
Corrales, NM 87048

1 Bed | 1 Bath

Displaying 1 - 2 of 2
 

Foreclosure Homes in Corrales, NM

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Corrales, NM area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Corrales, NM and much more. Save thousands at closing with home foreclosure listings in Corrales, NM — up to 75% off market value!


Top Reasons To Live In Corrales, NM In 2021

Corrales is located in Sandoval, New Mexico, with an estimated municipal population of 8,696 residents. All of the best foreclosed homes for sale in Corrales are located in the following zip code areas on Foreclosure.com: 87048 87101 87103. The estimated population per square kilometer (.62 miles) in Corrales is 311.


Cost Of Living In Corrales, NM

So, about how much do homes cost in Corrales? The most recent median value of resident-owned homes in Corrales is 445,228. An estimated 91.2 percent of households in Corrales own their homes, with an average family size of 2.79. The median household income in Corrales is 85,580, with42.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Corrales, the median commute time of resident workers (in minutes) is 26.2. And last, but certainly not least, are you looking for homes to rent in Corrales? If so, the average rent price paid by renters in Corrales is 1,094, according to recent statistics.


Diversity And Demographics In Corrales, New Mexico

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Corrales, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Corrales is 55, split between 52.6 percent male versus 47.4 female. The percentage of residents who report being married in Corrales is 62, with an average family size of 2.79.

The percentage of residents who report their race in Corrales is as follows:

White 88.2%
Black / African American 1.5%
Asian 1.7%
American Indian / Alaskan Native 1.7%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.3%
Other 3.6%

Looking for family-friendly neighborhoods in and/or near Corrales? Or maybe you are searching for 55+ active adult communities in and/or near Corrales?

The percentage of residents who report their age in Corrales is as follows:

Under 10 5.7%
Aged 10-19 11.5%
20s 5.4%
30s 6.5%
40s 10.7%
50s 21.8%
60s 18.5%
70s 15.2%
80+ 4.6%

Best Schools In Corrales, New Mexico

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Corrales with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Corrales.


Pros And Cons Of Living In Corrales, New Mexico

How do you know that living in -- or moving to -- Corrales is right where you need to be? Perhaps you grew up in Corrales or already live nearby; therefore, the decision to buy a home in Corrales is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Corrales for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Corrales:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Corrales.


Reasons To Move To Corrales, New Mexico, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Corrales can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Corrales, meanwhile, can field multiple offers from more qualified buyers.

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