Sandoval County, NM Home Values & Market Trends

The median home price in Sandoval County, NM is $338,933.11. There were 2,138 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 $292,691.871. The number of current listings in Sandoval County, NM is 260, and the percentage of properties for sale is 260.00%. The county has 44 foreclosures, 2 bank owned properties, 5 headed for auction, and 260 properties for sale.

Sandoval County, NM Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Rio Rancho

$ 389,860

$ 198/sqft

Regina

$ --

$ --

Placitas

$ 651,837

$ 297/sqft

Ponderosa

$ --

$ --

Corrales

$ 688,573

$ 296/sqft

Cochiti Pueblo

$ --

$ --

Bernalillo

$ 382,500

$ 208/sqft

Santo Domingo Pueblo

$ --

$ --

Jemez Pueblo

$ 438,831

$ 237/sqft

La Jara

$ --

$ --

Cuba

$ 277,041

$ 129/sqft

San Ysidro

$ --

$ --

Algodones

$ 656,284

$ 224/sqft

Pena Blanca

$ --

$ --

Jemez Springs

$ --

$ --

Cochiti Lake

$ --

$ --

Counselor

$ --

$ --

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Housing Market Summary for Sandoval County, NM

Apr 2023March 2024Change
Median Listing Price$420K$341.3K-18.73%
Median Sold Price$346.1K$341.3K-1.37%
Homes For Sale2412524.56%
Homes Sold1,2771,240-2.90%
Price
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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 $23,588 to $12,104,604. Algodones is the priciest city with a median listing home price of $657,000, and Jemez Pueblo is most affordable with average house prices of around $287,000.

Foreclosure
There are 17 cities within Sandoval County, NM; within these cities, the median estimated home value for homes in foreclosure ranges from $767,868 in Bernalillo to the lowest value of $189,376 in Bernalillo. Foreclosure homes account for 0.00% of properties in Sandoval County, NM with Rio Rancho containing 38 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.07% of all residential properties in Sandoval County, NM with Rio Rancho containing 31 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 $534,000 in Placitas to the lowest home value of $189,376 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 $350,000 in Rio Rancho to the lowest value of $302,917 in Rio Rancho. Bank owned homes and properties account for 0.00% of properties in Sandoval County, NM. There are 17 cities within Sandoval County, NM; Rio Rancho containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Rio Rancho has 5 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 0.01% 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 $359,990 in Rio Rancho to the lowest value of $213,064 in Rio Rancho.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.50% of residential properties in Sandoval County, NM with Rio Rancho containing 201 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 $677,569 in Algodones to the lowest value of $55,900 in Cuba.
    Sold Homes
    The median value for recently sold homes ranges from $354,900 in Cochiti Lake to the lowest price of $31,244 in Cochiti Lake. There are 17 cities within Sandoval County, NM. Rio Rancho has 1056 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.46% of properties in Sandoval County, NM.

      Compare Nearby Cities

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      Guide for Sandoval County, NM

      Market Reports
      Santa Fe Real Estate Values Pulse Through Highs and Lows: Report of 2023-2024 Trends
      gavel for real estate auction
      Home Buying Guides & Tips
      New Mexico Foreclosure Laws
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      See More Articles
      Santa Fe Real Estate Values Pulse Through Highs and Lows: Report of 2023-2024 Trends
      Market Reports|posted 17 April 2024

      This article describes the fluctuating real estate market of Santa Fe and neighboring cities from July 2023 to March 2024, focusing on property values, sale prices, and number of sold homes.

      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

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.