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Madrid, NM real estate

Compare top Madrid real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for October 2026.*


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Madrid real estate Market Report.

Information and statistics on the latest trends in the Madrid real estate market. *

Quarterly Pricing Trends for Madrid

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Madrid Q4 '21 Q4 '22 Q4 '23 Q4 '24 Q4 '25 Q3 '26 Median sale price in Oct 2021 - Dec 2021: $302K Median sale price in Jan 2022 - Mar 2022: $599K Median sale price in Apr 2022 - Jun 2022: $337K Median sale price in Jul 2022 - Sep 2022: $340K Median sale price in Apr 2023 - Jun 2023: $313K Median sale price in Jul 2023 - Sep 2023: $323K Median sale price in Oct 2023 - Dec 2023: $338K Median sale price in Jan 2024 - Mar 2024: $318K Median sale price in Jul 2024 - Sep 2024: $399K Median sale price in Oct 2024 - Dec 2024: $511K Median sale price in Jan 2025 - Mar 2025: $210K Median sale price in Apr 2025 - Jun 2025: $380K Median sale price in Oct 2025 - Dec 2025: $435K Median sale price in Jan 2026 - Mar 2026: $374K Median sale price in Apr 2026 - Jun 2026: $370K Median list price in Oct 2021 - Dec 2021: $325K Median list price in Jan 2022 - Mar 2022: $304K Median list price in Apr 2022 - Jun 2022: $349K Median list price in Jul 2022 - Sep 2022: $450K Median list price in Oct 2022 - Dec 2022: $439K Median list price in Jan 2023 - Mar 2023: $325K Median list price in Apr 2023 - Jun 2023: $534K Median list price in Jul 2023 - Sep 2023: $345K Median list price in Jan 2024 - Mar 2024: $550K Median list price in Apr 2024 - Jun 2024: $399K Median list price in Jul 2024 - Sep 2024: $339K Median list price in Oct 2024 - Dec 2024: $399K Median list price in Jan 2025 - Mar 2025: $275K Median list price in Apr 2025 - Jun 2025: $437K Median list price in Jul 2025 - Sep 2025: $495K Median list price in Oct 2025 - Dec 2025: $379K Median list price in Jan 2026 - Mar 2026: $420K Median list price in Apr 2026 - Jun 2026: $550K Median list price in Jul 2026 - Sep 2026: $347K Oct 2021 - Dec 2021 Median sale price $302K Median list price $325K Jan 2022 - Mar 2022 Median sale price $599K Median list price $304K Apr 2022 - Jun 2022 Median sale price $337K Median list price $349K Jul 2022 - Sep 2022 Median sale price $340K Median list price $450K Oct 2022 - Dec 2022 Median sale price Unknown Median list price $439K Jan 2023 - Mar 2023 Median sale price Unknown Median list price $325K Apr 2023 - Jun 2023 Median sale price $313K Median list price $534K Jul 2023 - Sep 2023 Median sale price $323K Median list price $345K Oct 2023 - Dec 2023 Median sale price $338K Median list price Unknown Jan 2024 - Mar 2024 Median sale price $318K Median list price $550K Apr 2024 - Jun 2024 Median sale price Unknown Median list price $399K Jul 2024 - Sep 2024 Median sale price $399K Median list price $339K Oct 2024 - Dec 2024 Median sale price $511K Median list price $399K Jan 2025 - Mar 2025 Median sale price $210K Median list price $275K Apr 2025 - Jun 2025 Median sale price $380K Median list price $437K Jul 2025 - Sep 2025 Median sale price Unknown Median list price $495K Oct 2025 - Dec 2025 Median sale price $435K Median list price $379K Jan 2026 - Mar 2026 Median sale price $374K Median list price $420K Apr 2026 - Jun 2026 Median sale price $370K Median list price $550K Jul 2026 - Sep 2026 Median sale price Unknown Median list price $347K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
40
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Jul 2026 - Sep 2026).

Madrid currently leans toward sellers, with the market gauge indicating a seller’s market. Inventory is limited, with only about eight active listings in the latest rolling three-month period. At the same time, nearly half of homes are going off the market within two weeks, which reinforces the advantage for sellers.

Prices have cooled notably over the past year even as conditions favor sellers. The rolling three-month median list price is down nearly 30 percent year over year, while active listings are up a little more than 15 percent from a year ago. New listings have increased more than 50 percent year over year, and pending sales are slightly higher than last year, suggesting that buyer activity is still present despite lower prices.

Looking back over the historical data, list prices and sale prices in Madrid have moved around quite a bit in recent years, and months of supply have often been elevated, but current fast sell-through hints that realistically priced homes move quickly. Longer days on market in some earlier periods contrast with today’s faster pace, showing how conditions can vary over time. With shifting prices, changing inventory, and a seller-tilted balance, both buyers and sellers can benefit from Agent Pronto’s help in finding an agent who understands Madrid’s latest trends.



Learn more about what Madrid has to offer.

Madrid offers residents a vibrant blend of history, arts, and community, with colorful galleries, welcoming shops, neighborhood events, and easy access to outdoor trails that make it a warm, active hometown.

Madrid stands apart from nearby Santa Fe and Albuquerque with its former coal-camp roots and arts-focused revival along the scenic Turquoise Trail. The community feels more like an open-air studio than a typical small town, with galleries, cafes, and historic miner’s cabins lining the main road.

Locals and visitors mingle at spots like the Mine Shaft Tavern, known for live music and green chile dishes, and explore the creativity on display at Johnsons of Madrid Galleries. The Madrid Old Coal Town Museum highlights how the town reinvented itself, while nearby trails in the Santa Fe National Forest offer hiking, biking, and stargazing within a short drive. The community’s calendar fills with art walks, holiday parades, and biker rallies that bring energy while locals maintain a close-knit, informal atmosphere.

Housing in Madrid ranges from restored miners’ homes to eclectic custom builds on hillside lots. Inventory can be limited and often moves through word of mouth or quickly once listed. That makes timing, pricing, and preparation especially important, whether you are planning to buy a weekend retreat or sell a long-held property. A real estate agent who understands Madrid’s unique character, zoning quirks, and market rhythms can make a real difference, and Agent Pronto can help both buyers and sellers connect with the right local professional at the right moment.

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“I've been listening to Dave Ramsey on 107.1 at 6pm for a few years. Allison came up in my search and she called me almost immediately. We made an appointment 2 days later. She came and brought comps and we discussed price. The previous realtor didn't bring a single comp and wanted to list at 75k less than Allison. At the end of our meeting, she gave me homework. Once it was completed, she came back with a professional photographer and took the most amazing photos, made a reel, and the house went "Live" that Friday. The following Thursday we received an offer. Allison was amazing! She was kind, thoughtful, patient, and walked us through the process with ease. She then assisted with the purchase of the new house a 100 miles away. I highly recommend Allison.”

Lisa Hardee · Gulfport, MS

Photo of TAD Real Estate Agency
TAD Real Estate Agency
“We had a great experience working with Chantelle! From listing to closing, the entire process took just 18 days. She communicated well throughout and made everything go smoothly. We especially appreciated the little things she did to go above and beyond, like opening the house for our cleaner when I wasn’t available. Her thoughtfulness and attention to detail made the process so much easier. We’re grateful for all her hard work and would highly recommend Chantelle to anyone looking to sell their home!”

Tim & Darbi Boyer · Lewiston, ID

Photo of Chantelle Souther
Century 21 Price Right
“Kris made both buying our new home and selling our previous one a smooth and successful experience, all within just three months. She was patient, kind, and consistently available to show us homes, answer our questions, and do whatever was needed to get our home ready for the market. Her dedication and positive attitude never wavered, and we always felt supported throughout the process. We’re incredibly grateful for her help and would highly recommend Kris to anyone looking for a caring, dependable real estate agent.”

M & LK · Woodbridge, VA

Photo of Kris Riley
NextHome Mission
“Renee is an incredibly knowledgeable agent that has a lot of experience, cares about her clients, and is trustworthy !! She knows the ins and outs of current real estate markets and how to strategically price a property so that it will sell in a timely manner but with the highest yield!! She has sold two of our properties over the last eight years (one in Illinois and one in Wisconsin) and we received more than we expected on each of the sales!! We cannot recommend her highly enough! Thank you so much, Renee!!”

Val · Elkhorn, WI

Photo of Renee OBrien Group
Keller Williams North Shore West
“Our real estate agent, Nicole Canny, from Mike McCatty office is fantastic and I highly recommend her to everyone. She has been looking for the perfect house for my daughter and husband and their family for about 2 years now as they had certain requirements for a new house and a certain area they wanted to live in also. Nicole was persistent and she finally found the perfect home for them and the purchase all went quickly, smoothly and was a great experience overall. Thanks to Nicole Canny and now she will be able to sell their old house also.”

Kathy · Mokena, IL

Photo of McCatty Real Estate
Century 21 Circle
“Great help! Friendly - Knowledgeable - Helpful”

Jennifer H · Crab Orchard, WV

Photo of Carrie Pannell
eXp Realty
“Shawn is a hard working realtor with integrity. Extremely responsive to communication and very knowledgeable.”

Milo Hawley · Hendersonville, TN

Photo of Shawn Wright
Century 21 Wright Realty
“Craig is an excellent agent. He helped my family and I purchase our first house. This is a difficult market to purchase a house in however Craig did an excellent job shepherding us through the process. 10/10 highly recommend.”

Keith Bernis · Andover, MA

Photo of Craig Celli
CENTURY 21 CELLI
“Having worked in the industry, I can safely say Amanda Pertuset sets the gold standard for real estate professionals. With nearly two decades of experience, her work ethic, market expertise, and attention to detail are unmatched. She treats every transaction with precision, acts with complete integrity, and keeps all parties calm, informed, and moving efficiently toward closing. Amanda is my absolute go-to recommendation for anyone buying or selling real estate in the Greater Cincinnati area.”

Todd Engle · Milford, OH

Photo of Amanda Pertuset
Coldwell Banker Realty
“We worked with Brandon Miller of The Kevin Mills Team. Brandon negotiated with the selling realtor to get our offer accepted. Brandon and the staff with The Kevin Mills Team are all very professional and work hard to get your deal processed.”

Jerry Ridenour · Myrtle Beach, SC

Photo of Kevin Mills
Century 21 Barefoot Realty
“Abbey was excellent to work with. This was a very hard sale as the new buyers were brutal. She did everything possible to make the deal happen. She is very professional and went above and beyond what other agents would have done. We have nothing but high praise for her. We would recommend Abbey to anyone who needs a realtor that really works for her client. We love her and could not be happier with the outcome.”

Charles and Sheila Kaplan · Delray Beach, FL

Photo of Abbey Adair
Century 21 Realty Professionals
“Shannon is my go-to realtor! Thank you for your hard work and dedication in helping my daughters and me find the perfect home! We appreciate you!”

Kristin Conrad · Leraysville, PA

Photo of Shannon Clark
Century 21 Jackson Real Estate
“Elise is extremely personable, and extremely knowledgeable about real estate. She is a pleasure to work with.”

Latoya Sergent · Little Rock, AR

Photo of Elise Petro
Move Realty
“Making the decision to move out of state was a difficult one. Choosing Parker as our listing agent was a no brainer! This was our second experience working with him, and I can't express how grateful we were for the support Parker offered throughout the sale of our home. Many questions and unforseen emotions surfaced during the process, and Parker was nothing less than professional, but also very kind and mindful of our journey. He took the time to explain each step of the process, and quickly answered all of our questions. He listened to our concerns and was able to negotiate on our behalf. He worked hard making sure everything was complete, allowing for a seamless sale of our home. Thank you Parker for making our dream a reality!! We couldn't have done it without you!!”

Heidi Charlton · Mattawan, MI

Photo of Parker Gray
Keller Williams Kalamazoo
“Laura's attention to detail for staging and marketing are amazing. She's very willing to lend a hand to make sure the sale goes quickly and without missing a step. I'd highly recommend Laura to anyone wanting to sell their home.”

Desiree · Port Orange, FL

Photo of Laura Lee Hernandez
Coldwell Banker Realty
“My son and I were looking for a property within our budget and came into contact with Nydia by accident. She was actually advertising for another property next to the one we were interested in. However, Nydia stepped in, became our realtor and did an exceptional job. Her experience and knowledge of the process of buying a house was invaluable to us. It was through Nydia we came into contact with the lender who approved us. Being this was my first time buying a property, I didn't fully know the process. Nydia's expertise and guidance really helped us feel comfortable every step of the way. Her warm, comforting personality helped us to feel at ease. Not only did we gain a realtor with Nydia, but also a genuine friend. I would 100% recommend Nydia to help anyone navigate the house buying process.”

Janet Vickers · Orlando, FL

Photo of Nydia Marrero
Zen Living Realty
“Could not have asked for a better agent!”

Joyce Steffan · Powell, OH

Photo of Bertagna Group
Coldwell Banker Realty
“She is absolutely amazing ! She paid attention to every detail in a difficult purchase . She provided information and worked to make sure our needs were met . She is always available , very knowledgeable about the area , kind, caring and I will always call Jean Clare when I need help with Real Estate in this area ! The sale is closed and she's still helping us with needs . She one of the best Realtors I've ever worked with !”

Jamie Arnold · Hot Springs, AR

Photo of JeanClare Dickerson
Century 21 Parker & Scroggins
“Max was instrumental in selling our home because of his knowledge and experience of real estate. He was very informative and available to answer all our questions. He kept us up to date with every potential client/buyer walk through. He paid very good attention in details to help sell the house and with the sellers contract. We are very pleased with the outcome.”

Sylvie Graham · Scotts Valley, CA

Photo of Max K. Nosrati
Century 21 Real Estate Alliance
“Tim was very helpful in all aspects of my purchase. He was easily accessible for any and all questions I had. Tim's personality makes things easier to deal with during a stressful time like I had. Tim is a very good long time friend.”

Dave Eveland · Zanesville, OH

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Century 21 Excellence Realty

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Madrid. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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