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Cañon, NM Home Values and Rents
The median home value in Cañon is $651,300.
- Median home value
- $651,300
- ACS 2020-2024
- Price change, 1 year
- +2.0%
- County index, 2025
- Homeownership
- 39.8%
- NM: 70.0%
Home sale prices in the Albuquerque, NM area
Zillow median sale price, Sep 2026
$365,301+1.5% from a year earlier
Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.
Sandoval County home price trend
FHFA annual House Price Index for Sandoval County, 2000 = 100, compared with New Mexico
Show as a table
| Period | Sandoval County |
|---|---|
| 2025 | 255 |
| 2024 | 250 |
| 2023 | 237 |
| 2022 | 217 |
| 2021 | 186 |
| 2020 | 163 |
| 2019 | 155 |
| 2018 | 147 |
| 2017 | 139 |
| 2016 | 135 |
| 2015 | 130 |
| 2014 | 127 |
| 2013 | 126 |
| 2012 | 126 |
| 2011 | 129 |
Over five years, Sandoval County prices changed +56.6%, compared with +33.9% for New Mexico.
Source: Federal Housing Finance Agency · Last updated 08/01/2026
Home values by ZIP code
Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index
Swipe the table sideways to see more columns.
| # | ZIP code | Median value | Median rent | 1-year | 5-year |
|---|---|---|---|---|---|
| 1 | 87024 | $168,400 | $992 | - | - |
Fair Market Rents, FY2027
HUD rent standard for Albuquerque, NM MSA
| Unit size | Monthly rent |
|---|---|
| Studio | $977 |
| 1 bedroom | $1,112 |
| 2 bedrooms | $1,384 |
| 3 bedrooms | $1,902 |
| 4 bedrooms | $2,242 |
Frequently asked questions
- What is the median home value in Cañon, NM?
- The median home value in Cañon is $651,300, based on the American Community Survey 2020-2024 5-year estimates. The New Mexico median is $248,100.
- Are home prices going up in Cañon?
- Home prices in Sandoval County changed +2.0% over one year and +56.6% over five years, as of 2025.
- Which ZIP code in Cañon has the highest home values?
- ZIP code 87024 has the highest median home value at $168,400.