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Sandoval County, NM Home Values and Rents

The typical home value in Sandoval County is $373,280, 4th highest of 33 counties in New Mexico. Median rent is $1,879 a month.

Typical home value
$373,280
4th of 33 in NM
Median rent
$1,879/mo
Zillow observed rent
Price change, 1 year
+0.6%
Sep 2026
Homeownership
83.5%
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.

Typical home value in Sandoval County

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodSandoval County
Sep 2026$373,280
Dec 2025$372,291
Dec 2024$369,912
Dec 2023$358,237
Dec 2022$342,051
Dec 2021$304,831
Dec 2020$259,829
Dec 2019$228,611
Dec 2018$215,156
Dec 2017$204,367
Dec 2016$194,507
Dec 2015$184,812
Dec 2014$178,317

Over five years, Sandoval County prices changed +26.0%.

Source: Zillow Research · Last updated 09/01/2026

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Home values by city in Sandoval County

Median home value (ACS 2020-2024), places with 500+ residents

Swipe the table sideways to see more columns.

#City or townPopulationMedian valueMedian rent
1La Madera532$762,900-
2Corrales8,555$571,500$1,143
3Placitas4,223$562,100$2,717
4Rio Rancho108,515$310,200$1,514
5Bernalillo9,086$255,500$902
6Cochiti680$250,000-
7Algodones1,479$234,800-
8Peña Blanca568$222,100Under $100
9San Felipe Pueblo1,119$210,100-
10Jemez Pueblo2,199$169,000-
11Zia Pueblo770$163,600-
12Santo Domingo Pueblo2,370$156,400-
13Rio Rancho Estates1,571$153,500-
14Santa Ana Pueblo1,026$150,000-

Home values by ZIP code

Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index

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#ZIP codeMedian valueMedian rent1-year5-year
187048$574,000$1,143+4.3%+47.6%
287043$562,100$2,717+3.4%+44.4%
387544$488,300$1,360+0.6%+61.6%
487025$426,200-+2.5%+55.4%
587047$413,400$1,220+2.8%+53.9%
687144$321,900$1,688+1.4%+55.1%
787124$298,000$1,434+1.8%+62.1%
887083$255,300$1,429-+57.0%
987004$251,300$949-+80.0%
1087072$248,400---
1187041$220,000---
1287001$215,800-+20.0%+64.7%
1387053$196,900$885--
1487024$168,400$992--
1587052$151,900$734--
1687013$75,400$1,255--
1787027$13,400---

Fair Market Rents, FY2027

HUD rent standard for Albuquerque, NM MSA

NM rents
Unit sizeMonthly rentvs FY2026
Studio$977-3.2%
1 bedroom$1,112-6.2%
2 bedrooms$1,384-5.5%
3 bedrooms$1,902-6.6%
4 bedrooms$2,242-6.5%

Frequently asked questions

What is the typical home value in Sandoval County, NM?
The typical home value in Sandoval County is $373,280 (Zillow Home Value Index, Sep 2026). The New Mexico median is $248,100.
How much is rent in Sandoval County?
The median rent in Sandoval County is $1,879 a month (Zillow Observed Rent Index). HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,384.
Are home prices going up in Sandoval County?
The typical home value in Sandoval County changed +0.6% over one year and +26.0% over five years, as of Sep 2026.
How does Sandoval County compare with the rest of New Mexico?
Sandoval County has the 4th highest median home value of 33 counties in New Mexico.
Which ZIP code in Sandoval County has the highest home values?
ZIP code 87048 has the highest median home value at $574,000, and 87027 has the lowest at $13,400.