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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. *

Latest Rolling 3-Month Snapshot

Jun 1, 2026 - Aug 31, 2026

Median sale price
$369K
-0.1% from Q2 '26
Median list price
$375K
-32% from Q2 '26
Active listings
8
+14% from Q2 '26
Homes sold
1
No change from Q2 '26
New pendings
1
No change from Q2 '26
New listings
5
+150% from Q2 '26

Quarterly Pricing Trends for Madrid

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

Quarterly Pricing Trends for Madrid Q3 '21 Q3 '22 Q3 '23 Q3 '24 Q3 '25 Q2 '26 Median sale price in Jul 2021 - Sep 2021: $275K 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 Jul 2021 - Sep 2021: $289K 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 Jul 2021 - Sep 2021 Median sale price $275K Median list price $289K 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
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
80
Buyer’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 (Jun 2026 - Aug 2026).

Madrid currently leans strongly toward buyers, with the market gauge signaling a clear buyer’s market. Inventory is high for the size of the area, with about 25 and a half months of supply available. Homes are also taking time to move, sitting a median of 64 days on the market in this rolling three-month view.

Compared with a year ago, conditions have shifted as more options have come on the market while sales activity has slowed. Active listings are up by roughly a third year over year, while homes sold and pending sales have both declined, indicating less buyer urgency. At the same time, typical home values are about 15 percent higher than a year ago, even as the median list price has fallen sharply over that period, suggesting sellers are adjusting their asking prices to match what buyers will pay.

Pricing dynamics reflect this negotiation gap. The average sale-to-list ratio has edged down over the past year to just under 95 percent, and none of the recent sales closed above the list price in this rolling three-month window. With only one home sold and one pending, every transaction can look a bit different, so having an expert to interpret the data is crucial. Agent Pronto can connect both buyers and sellers with a local Madrid agent who understands these trends and can guide them through their next move.



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.

Find your Madrid real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“Sivage is a great realtor and a very knowledgeable man. He was easy to communicate with and provided us with exponential guidance. I would highly recommend him for anyone who is looking for the best!”

Nurina Alam · Toronto, ON

Photo of Sivage Sivagumaran
RE/MAX Crossroads Realty Inc.
“Jim was very knowledgeable and got a ton done in a short period of time. I was out of state and this was easiest house sale I've ever had.”

Jennifer Frazer · Elmhurst, IL

Photo of Jim Tierney
NetEquity Real Estate
“Very happy with the service.”

Luchane Boyd · Port Saint Lucie, FL

Photo of Gwen Morgan
eXp Realty EXPrealy LLC
“I would highly recommend Patsy to family and friends. She was very professional and maintained an open line of communication.”

Gina White · Fort Gibson, OK

Photo of Patsy Clinkenbeard
Century 21 Clinkenbeard Agency
“Damian was the best guide throughout the entire process. He constantly kept me updated and made what can sometimes be a difficult and stressful process much easier. He has a great network of resources and was always honest, reliable, and trustworthy. I truly felt like he had my best interests in mind every step of the way. I highly recommend Damian for any real estate needs.”

Ola · Miami, FL

“Matthew was very professional. His experience in the market and the buying and selling processes is unmatched. He is very responsive and very respectful of others time and ideas. I would highly recommend him for all your buying and selling needs!”

Shane Weedman · Scottsburg, IN

Photo of Matthew Henegar
RE/MAX REMAX First
“Very professional and yet a strong human touch. Very thorough, anticipated all issues and possible speed bumps well in advance. Very responsive to phone calls, texts, and emails! Just outstanding! I most heartily recommend her! Excellent!”

Thomas Chadwick · Virginia Beach, VA

Photo of Sara Andrews Hartz
The Real Estate Group
“Elise was helpful not only in showing me homes that met my requirements but also in giving me the benefit of her experience by providing questions and things to think about in other aspects of my home buying journey. These insights helped me greatly. Easy to work with and even now, after the purchase, is quick to respond when I have questions.”

Bonnie Sterling · Alexander, AR

Photo of Elise Petro
Move Realty
“I could not have received better service and professionalism anywhere else. Brittney Lawrence brought an immense amount of knowledge to the table. She was organized, timely and very knowledgeable through the entire process. She put me at ease and took care of every detail. She also kept me updated and helped guide me every step of the way, from listing my home to closing. I would definitely use her and the Chavez Team again.”

Timi Russell · Houston, TX

Photo of The Rickey Chavez Team
Better Homes & Gardens Real Estate Gary Greene
“I interviewed three realtors for my property. Nina stood out as she came prepared to sell the house with a binder of information I would need to make my decisions. She was excellent at guiding me through the sale process and worked very hard to get to the completion line in a sale that had legal obstacles. I would use her again.”

David Raphael · Wellesley, MA

Photo of Nina Sable
Berkshire Hathaway Commonwealth
“I decided to put my house up for sale on a Wednesday at 10 PM, so I texted Nicole to ask her if she would work with me. She texted me right back that night, took pictures the next day and we signed the agreement. The for sale sign was on the lawn the next morning and the first potential buyers went through the house that day. By Wednesday evening (less than one week from the time that I had initially contacted her), we had accepted a buyer's offer.”

Sandra Malcolm · North Battleford, SK

Photo of Nicole Lovell
Century 21 Prairie Elite
“We have had nick as our agent to both buy a home and sell a home. I can say he was very knowledgeable in BOTH areas of a deal. We were very fortunate to have Nick as our realtor! He was patient and encouraging. We recommend him 1000%!”

Kacey Cornell · Rockwall, TX

Photo of Nick Termini
Century 21 Judge Fite
“I do not have sufficient words to express my gratitude to you as my realtor. Allow me to say now “ THANK YOU SO MUCH “ for everything Your patience Your kindness Your thorough service and guidance we appreciate you and will always recommend you to our family for buying or selling. You got a friends and client in us. Beyond grateful we have met you. You are the sweetest and kindest 🙌🏿.”

Sherlande · Lake Worth, FL

Photo of Diane Teran
Lpt Realty
“Selling a house can be stressful for the owners hoping to sell their house. Especially when things don't go as planned. Unfortunately, the sale of my house hit many unplanned speedbumps. Thankfully, I hired Kim Wirtz to be my realtor. Kim not only did a great job of finding solutions to unforseen adversity, but she did so with a calm and positive attitude. Kim's proffesionalism, honesty, and problem solving skills were integral in the selling of my house. I highly recommend Kim Wirtz as a realtor who can be trusted to get the job done even if it means overcoming adversity. Thank you Kim!”

VanDyne Martz · Lockport, IL

Photo of Kim Wirtz
Wirtz Real Estate Group, Inc.
“Highly recommended help me a lot and even after purchasing he still helping.i even called him yesterday about something”

Katayem · Colorado Springs, CO

Photo of Tega Nikiema
Century 21 Dream Home
“Mike Steed isnt just a Realtor. He is professional with added geunine concern and understanding for the health and happiness of his buyer/seller. We also found him to be responsive, communicative and knowledgeable. Thanks Mike”

Lori · Leesville, SC

Photo of James Steed
Century 21 Vanguard
“I love to work with you on getting my new house!”

Pedro Aguilar Guerrero · Elkhart, IN

Photo of Dennis Bamber
Cressy & Everett Real Estate
“Johnathan was amazing! Quick replies to even my low priority questions. Would 100% recommend him! Very tentative & friendly.”

Cheryl · Brookville, IN

Photo of Jonathan Price
Coldwell Banker Realty
“Her knowledge,smile and personality are unmatched! She is truly great at what she does! I would recommend her to anyone”

Doug Bowden · Terre Haute, IN

Photo of Alyssa Swiger
Century 21 Elite
“I can highly recommend Trenille Young for your real estate needs. She was a pleasure to deal with- always available for any questions and showings- and fully understood my needs/wants.”

David Bertrand · Cheyenne, WY

Photo of Trenille Young
Century 21 Bell Real Estate

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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