Xome Value®
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
1
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
$727,307
+5.6%
Since Jul 2024
Range: $678,475-$774,575
Evaluated May 28, 2025
1 Year
5 Years
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Property Facts
705 Camino Hermosa, Corrales, NM is a single family home that contains 2,047 Sq. Ft. and was built in 1971. It contains 3 bedrooms and 2 bathrooms.
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County:SANDOVAL
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Year Built:1971
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Living Area:2,047 Sq. Ft.
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Lot Size:43,560 Sq. Ft.
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Zone:-
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Parcel:R097261
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Bedrooms:3
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Bathrooms:2
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Owner:KLEIN, DALE R AND KENNEDY, MICHAEL E
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Property History
Price History
Date
Event
Price
Source
9/28/2020
Delisted
$380,000
MLS
12/27/2006
Sold
-
MLS
Sales in a non-disclosure state
Tax History
Year
Taxes
Total Assessment
2018
$ (0%)
$107,721 (0%)
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Market Trends
Corrales
87048
Average Days on Market
Average Days on Market represent the average number of days a property takes to sell. Using Average Days on Market
can help provide insights into the speed at which properties are selling in a particular area or market.
Jun 2024
71 Days
May 2025
73 Days
Change
+2.8%
1 Year
2 Years
5 Years
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Supply and Demand
The following chart shows the relationship between properties for sale (supply) and properties sold (demand) in the
specified market, where available.
For Sale
Sold
1 Year
2 Years
5 Years
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Months of Supply
This chart shows how many months it would take to sell the available inventory in the specified market. A higher Months of
Supply generally indicates a buyer's market while a lower Months of Supply generally indicates a seller's market.
1 Year
2 Years
5 Years
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Area Statistics
People
ZIP (87048)
City (Corrales)
Population
8,977
8,488
Population Density
812.9
787.5
People Per Household
2.4
2.4
Median Age
56.8
56.3
Median Household Income
$95,750
$93,899
Average Income
$56,315
$56,511
Economy
ZIP (87048)
City (Corrales)
Unemployment
2.90%
2.90%
Recent Job Growth
0.98%
0.98%
Future Job Growth
42.29%
42.29%
Sales Tax
7.69%
7.69%
Income Tax
4.90%
4.90%
Cost of Living Index
140.1
139.6
Environment
ZIP (87048)
City (Corrales)
Altitude
5075
5023
Rainfall (Inches Annually)
11.1
11.1
Snowfall (Inches Annually)
8.5
8.5
January Avg. Low Temp
22.2
22.2
July Avg. High Temp
93.3
93.3
Days of Precipitation Annually
53
53
Days Mostly Sunny Annually
278
281
Comfort Index (During Hot Weather)
7
7
Source: Sperling's Best Places
Nearby Schools
Rating
School Name
Grades
Distance
K-5
1 mi
9-12
3.3 mi
6-8
4.4 mi
9-12
1.1 mi
Data provided by GreatSchools.org © 2025.
All rights reserved.
