Market Overview
Home Prices in Carnuel, NM
The median home value in Carnuel, NM is $351,527 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4% compared to a year ago and up 3.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Carnuel are priced14% below average. Carnuel is part of the Albuquerque, NM metro area.
Over the past five years, Carnuel home values have risen by approximately34.7%, reflecting strong long-term appreciation in this market.
Price History
Carnuel Home Price Trend
City Comparison
Carnuel vs. National Median
At $351,527, homes in Carnuel cost 14% below the national median of $410,000. This makes Carnuel a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Carnuel?
20% Down Payment
$70,305
on $351,527
Monthly P&I
$1,833/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,328/mo
incl. taxes & insurance
Income Needed
$93,120
gross annual (30% rule)
10% Down Option
$35,153
+ PMI applies
Loan Amount (20% dn)
$281,222
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Carnuel, NM?
The median home value in Carnuel is $351,527 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4% year-over-year.
How much have home prices changed in Carnuel?
Over the past year, home values in Carnuel have increased by 4%. Over five years, prices have risen approximately 34.7%.
How much do I need to earn to buy a home in Carnuel?
To comfortably afford the median home price of $351,527 with a 20% down payment ($70,305) at today's rates (6.8%), you'd need a gross annual income of approximately $93,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Carnuel compare to the national average home price?
The national median home value is approximately $410,000. At $351,527, homes in Carnuel are 14% below the national average.
What metro area is Carnuel part of?
Carnuel is part of the Albuquerque, NM metropolitan area. Home prices and market conditions can vary across the broader metro region.