Market Overview
Home Prices in Sandia Park, NM
The median home value in Sandia Park, NM is $544,291 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.1% compared to a year ago and up 2.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Sandia Park are priced33% above average. Sandia Park is part of the Albuquerque, NM metro area.
Over the past five years, Sandia Park home values have risen by approximately22.5%, reflecting strong long-term appreciation in this market.
Price History
Sandia Park Home Price Trend
City Comparison
Sandia Park vs. National Median
At $544,291, homes in Sandia Park cost 33% above the national median of $410,000. Buyers in Sandia Park should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Sandia Park?
20% Down Payment
$108,858
on $544,291
Monthly P&I
$2,839/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,606/mo
incl. taxes & insurance
Income Needed
$144,240
gross annual (30% rule)
10% Down Option
$54,429
+ PMI applies
Loan Amount (20% dn)
$435,433
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 Sandia Park, NM?
The median home value in Sandia Park is $544,291 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.1% year-over-year.
How much have home prices changed in Sandia Park?
Over the past year, home values in Sandia Park have increased by 1.1%. Over five years, prices have risen approximately 22.5%.
How much do I need to earn to buy a home in Sandia Park?
To comfortably afford the median home price of $544,291 with a 20% down payment ($108,858) at today's rates (6.8%), you'd need a gross annual income of approximately $144,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Sandia Park compare to the national average home price?
The national median home value is approximately $410,000. At $544,291, homes in Sandia Park are 33% above the national average.
What metro area is Sandia Park part of?
Sandia Park is part of the Albuquerque, NM metropolitan area. Home prices and market conditions can vary across the broader metro region.