Sandoval County, NM Home Values & Market Trends

The median home price in Sandoval County, NM is $337,281.8. There were 2,104 home sales in Sandoval County, NM over the past 12 months. The median residential Sandoval County, NM home value for transactions over the previous year is $290,807.513. The number of current listings in Sandoval County, NM is 258, and the percentage of properties for sale is 258.00%. The county has 27 foreclosures, 3 bank owned properties, 10 headed for auction, and 258 properties for sale.

Sandoval County, NM Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Rio Rancho

$ 369,000

$ 198/sqft

Counselor

$ --

$ --

Bernalillo

$ 400,000

$ 224/sqft

San Ysidro

$ --

$ --

Placitas

$ 590,890

$ 268/sqft

Pena Blanca

$ --

$ --

Corrales

$ 675,000

$ 306/sqft

Regina

$ --

$ --

Cuba

$ 139,148

$ 52/sqft

Ponderosa

$ --

$ --

Jemez Pueblo

$ 439,686

$ 238/sqft

Cochiti Pueblo

$ --

$ --

Algodones

$ 640,000

$ 224/sqft

Santo Domingo Pueblo

$ --

$ --

Cochiti Lake

$ 354,900

$ 205/sqft

La Jara

$ --

$ --

Jemez Springs

$ 625,000

$ 337/sqft

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Housing Market Summary for Sandoval County, NM

Mar 2023February 2024Change
Median Listing Price$439K$343.5K-21.75%
Median Sold Price$343K$343.5K0.14%
Homes For Sale20725824.64%
Homes Sold1,3791,278-7.32%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Sandoval County, NM

Sandoval County, NM home values range from $23,422 to $11,958,388. Corrales is the priciest city with a median listing home price of $662,450, and Cuba is most affordable with average house prices of around $120,000.

Foreclosure
There are 17 cities within Sandoval County, NM; within these cities, the median estimated home value for homes in foreclosure ranges from $455,750 in Bernalillo to the lowest value of $117,618 in Bernalillo. Foreclosure homes account for 0.00% of properties in Sandoval County, NM with Rio Rancho containing 24 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.03% of all residential properties in Sandoval County, NM with Rio Rancho containing 13 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 17 cities within Sandoval County, NM; of those cities, the estimated home value for pre-foreclosure homes ranges from $455,750 in Rio Rancho to the lowest home value of $117,618 in Bernalillo.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Sandoval County, NM ranges from the highest value of $340,000 in Rio Rancho to the lowest value of $305,010 in Rio Rancho. Bank owned homes and properties account for 0.01% of properties in Sandoval County, NM. There are 17 cities within Sandoval County, NM; Rio Rancho containing 3 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Rio Rancho has 8 auction properties, the highest number of properties going to auction in a single city in the state of Sandoval County, NM. Auction homes and other auction properties account for 0.02% of all properties in Sandoval County, NM. There are 17 cities within Sandoval County, NM; of those cities, the median estimated home value for homes going to auction ranges from $393,000 in Bernalillo to the lowest value of $187,716 in Bernalillo.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.49% of residential properties in Sandoval County, NM with Rio Rancho containing 209 homes for sale, the highest number of listed properties in a single city. There are 17 cities within Sandoval County, NM; homes for sale in those cities, have a range of median values from $645,000 in Algodones to the lowest value of $40,989 in Bernalillo.
    Sold Homes
    The median value for recently sold homes ranges from $272,962 in Cochiti Lake to the lowest price of $32,191 in Cochiti Lake. There are 17 cities within Sandoval County, NM. Rio Rancho has 1025 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.43% of properties in Sandoval County, NM.

      Compare Nearby Cities

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      Guide for Sandoval County, NM

      gavel for real estate auction
      Home Buying Guides & Tips
      New Mexico Foreclosure Laws
      Wholesale
      4 Tips on How To Buy a House Wholesale
      Market Reports
      Columbus Real Estate Market Grows: Values Increases 4% April 2023 to February 2024
      Market Reports
      Mesa Real Estate Market Flourishes in February 2024; Values Show Steady Rise
      See More Articles
      gavel for real estate auction
      New Mexico Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Learn more about the New Mexico foreclosure laws, the NM judicial foreclosure process and timelines on RealtyTrac

      4 Tips on How To Buy a House Wholesale
      Wholesale|posted 8 March 2024

      Looking to buy a house wholesale? Discover 4 essential tips to navigate the wholesale real estate market successfully.

      Columbus Real Estate Market Grows: Values Increases 4% April 2023 to February 2024
      Market Reports|posted 7 March 2024

      Columbus, Ohio, hosts a steadily growing and robust real estate market, characterized by increasing property values, a consistent number of sales, and diverse neighborhood options.

      Mesa Real Estate Market Flourishes in February 2024; Values Show Steady Rise
      Market Reports|posted 7 March 2024

      The Mesa, Arizona real estate market displays a variety of trends with property values fluctuating monthly.