Land and home values in Española, NM
Española is a city in Rio Arriba County, New Mexico, home to about 10,473 people. Residential land runs about $6.60 per sq ft, the typical home is worth about $231,000, and a 2-bedroom rents for about $1,280 a month, as of October 12, 2026.
Open on the satellite mapAsk us on WhatsAppValues in Española
| Land: residential | $6.60 | per sq ft |
| Land: residential | $287,627 | per acre |
| Land: quarter-acre lot | $71,907 | 10,890 sq ft |
| Home: typical (median) | $231,000 | value |
| Home: entry-level | $45,900 | lower quartile |
| Home: upper-end | $340,000 | upper quartile |
| Build new | $177 | per sq ft, no land |
| Rent: 1-bedroom | $1,070 | per month |
| Rent: 2-bedroom | $1,280 | per month |
| Rent: 3-bedroom | $1,620 | per month |
| Rent: 4-bedroom | $1,700 | per month |
| Gross yield, 2-bed | 6.6% | a year |
Questions people ask
How much is land worth in Española, NM?
Residential land in Española, NM is about $6.60 per square foot, or $287,627 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $71,907. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in Española, NM?
The typical (median) home in Española, NM is worth about $231,000, with entry-level homes around $45,900 and upper-end homes around $340,000, as of October 2026.
How much is rent in Española, NM?
A 2-bedroom rents for about $1,280 a month in Española, NM, a 1-bedroom about $1,070 and a 3-bedroom about $1,620 (gross rent including utilities, HUD Fair Market Rent basis).
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.