The median home value in Madrid, NM is $511,000.
This is
higher than
the county median home value of $405,000.
The national median home value is $308,980.
The average price of homes sold in Madrid, NM is $511,000.
Approximately 55% of Madrid homes are owned,
compared to 21% rented, while
24% are vacant.
Madrid real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Madrid real estate agent to arrange a tour today!
Learn more about Madrid.
Find serenity and natural beauty at this high desert off-grid home on 30 acres. Hidden away from it all, 2.2 miles off of Highway 14, and 6 miles from Madrid, this home features two possible bedrooms, one bath. Sold with two separate lots, the property has plenty of flat outside space, a deep arroyo, and excellent views of the Ortiz and the Jemez mountains. The power is supplied with a top of the line solar photovoltaic system installed buy a local expert, along with a back up generator. A well supplies water, in addition, there is a 2500 gallon below ground water storage system connected to rain catchment and filter. With two wood stoves and additional propane heaters, you won't lack for creature comforts. Inside, the home opens to an open concept kitchen, living space, and has two additional rooms which could be bedrooms, home offices, etc, one with a sleeping loft. Saltillo floors, rustic wood cabinets and built-ins, and wood plank ceilings complete the look. A small patio area is fenced for pets. A large fire pit at the edge of the arroyo offers a setting for stargazing. Roads are primitive. Seller would like existing furniture to convey. Second lot creates diverse development opportunities. House is not easily visible from locked gate, please make an appointment to see.
Indulge in a lifestyle where every sunset is a celebration. This real estate gem provides comfortable and luxurious eco off-grid living on 30 acres. The main house with its vaulted ceiling and exposed wood beams in the living/dining area is both light-filled and airy; the large view-filled windows overlooking the fenced courtyard garden also affording passive solar heating. Within this split level house, the gourmet kitchen features a commercial Wolf stove, double ovens, and griddle, granite countertops and hickory cabinets. Situated on the property is a charming fully appointed casita, providing a private retreat for guests. For those with a passion for recreational vehicles, this property goes above and beyond with its dedicated RV garage, and your very own service pit. The RV garage also includes a spacious studio, offering a multifunctional space that can be customized to suit your craft. Whether you envision it as an art studio, or a personal gym, the possibilities are endless. Other features include a fenced organic garden with raised beds, private well, new solar system, and heavy duty generator- making off-grid living easy. Horses are allowed and a fenced corral and water are in place. Situated half-way between Santa Fe and Albuquerque, don t miss the chance to make this picturesque haven your new home!
Gorgeous and Updated commercial/Residential property located in the heart of Historic Madrid. Don't miss out on this charming spacious 2-bedroom 2 bath gem with many uses! 1244 sq ft, this home boasts many features including a newly installed (industrial sized) refrigerated air HVAC unit, newer windows installed in 2019, vaulted ceilings and hardwood flooring, and a bonus area attic that doubles as a sleeping loft. There is an updated 3/4 bathroom and updated kitchen with lots of counter space and plenty of cabinets! Enjoy the outside with an elegant 2-tier stone patio located in the backyard for the upcoming fall evening! A detached 336 sq ft garage and a 100 sq ft storage shed are perfect for added storage or it can be used as a workshop/studio.
Gorgeous and Updated commercial/Residential property located in the heart of Historic Madrid. Don't miss out on this charming spacious 2-bedroom 2 bath gem with many uses! With 1244 sq ft, this home boasts many features including a newly installed (industrial sized) refrigerated air HVAC unit, newer windows installed in 2019, vaulted ceilings and hardwood flooring, and a bonus area attic that doubles as a sleeping loft. There is an updated 3/4 bathroom and updated kitchen with lots of counter space and plenty of cabinets! Enjoy the outside with an elegant 2-tier stone patio located in the backyard for the upcoming fall evening! A detached 336 sq ft garage and a 100 sq ft storage shed are perfect for added storage or it can be used as a workshop/studio.
Mesa-top views, space and privacy from this substantial off-grid home on 53 acres, two miles from Madrid and Highway 14. Primary residence is 4474 square feet all on one level, with generous, ample rooms, an open concept kitchen, a separate media nook, home office, and a light-filled living room. A kiva fireplace warms the dining area. Two large bedrooms and two bathrooms are in the main home. A separate upstairs apartment has its own kitchen and bath. The home features rammed earth construction with exterior walls two feet thick, and plaster interiors, radiant flooring, and solar power. The upstairs apartment, with its own entrance, is 1008 sq. ft. and offers guest, caretaker, or rental opportunities. 1132 sq. ft. of shop and garage space provides room for parking up to 5 cars. Acreage would be ideal has for gardening, horses, etc. Home has some deferred maintenance and needs finishing in places, and is priced accordingly, bring your vision and energy for an opportunity for considerable sweat equity.
Two Tiny Homes on a full acre in the artistic town of Madrid. One is Tiny, the other Tinier ..Less is more! Plans for the main Tiny home were designed by popular and well known tiny home builder, Tumbleweed Tiny House Company. Historic stone dynamite storage shed adds to the charm of the property. Centrally located across the street from the community park and baseball field.
Exceptional Off-Grid Living on 20 Scenic Acres - A Unique Opportunity! This nearly completed two-level home is a rare find, combining modern upgrades with off-grid convenience. The sellers have poured their hearts into this property, making it move-in ready and brimming with possibilities. Featuring stunning views, thoughtful updates, and plenty of space for both living and entertaining, this one-of-a-kind property is ready for its new owners! Main Features Include: Brand-New Kitchen: Quartz countertops, new cabinets, and high-end Thor appliances create a chef s dream kitchen, perfect for culinary exploration. Primary Bath Retreat: Luxurious and spacious with a stand-alone soaking tub, separate shower, and a brand-new vanity. Open-Concept Living: Natural light floods every room, with breathtaking views from every window. Step out onto the expansive wraparound deck, ideal for entertaining, relaxing, and stargazing under the clear night sky. Permitted Upgrades: New stucco, energy-efficient windows, and a pro-panel pitched roof ensure durability and peace of mind. Updated electrical work with tasteful lighting and finishes completes the picture. Additional Highlights: Lower-Level Flexibility: The lower level boasts a full kitchen, wood stove, bedroom, bathroom, and an oversized storage room perfect for a rental, guest suite, or extended family. Horse-Friendly Setup: Bring your horses! The property features a large paddock, horse facilities, hay storage, and plenty of room to roam. Off-Grid Living Made Easy: Reliable water delivery service, propane gas, and a robust solar panel system with six Lithium batteries (and room to expand) provide worry-free living. A 1,100-gallon cistern supports the current household of two people, two horses, six dogs, and even Lucky the parrot! Outdoor Amenities: A large fenced yard for pets, a shipping container for storage (included with the sale), and no HOA restrictions for ultimate freedom. The permitted second-level addition more than doubles the living space, featuring vaulted tongue-and-groove ceilings, laminate flooring, and upgraded finishes throughout. With no HOA and motivated sellers, this is your chance to own a slice of paradise on 20 private acres. Schedule your showing today!!