Sandoval County, New Mexico home prices
Typical home $373,280 · +0.6% in a year · property tax 0.73%
The typical home in Sandoval County is worth $373,280, 18% more than the New Mexico typical home ($315,812). Values changed +0.6% in the past year and +26.0% over five years. Homeowners here pay a median 0.73% of their home's value in property tax each year ($2,731 on the typical home), versus 0.63% statewide.
Mortgage on the typical Sandoval County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $74,656 | $298,624 | $2,009 | $0 | $414 | $2,423 | $103,800 |
| 10% down | $37,328 | $335,952 | $2,260 | $140 | $414 | $2,814 | $120,600 |
| 5% down | $18,664 | $354,616 | $2,386 | $148 | $414 | $2,948 | $126,300 |
| 3.5% down (FHA) | $13,065 | $366,519 | $2,466 | $165 | $414 | $3,045 | $130,500 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.73% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in New Mexico · part of the Albuquerque metro area.
New Mexico counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Bernalillo County | $347,674 | +1.7% | 0.9% |
| Lincoln County | $335,919 | -3.4% | 0.53% |
| Rio Arriba County | $331,139 | +2.3% | 0.42% |
| Taos County | $424,746 | -0.8% | 0.29% |
| Valencia County | $318,413 | +2.9% | 0.62% |
| Dona Ana County | $285,351 | -0.6% | 0.67% |
| San Juan County | $273,559 | +6.8% | 0.68% |
| Eddy County | $247,965 | +3.1% | 0.52% |
| San Miguel County | $246,341 | +4.7% | 0.57% |
| Colfax County | $244,949 | -2.7% | 0.52% |
Frequently asked questions
What is the average home price in Sandoval County, NM?
The typical home value in Sandoval County is $373,280 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Sandoval County?
About $103,800 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Sandoval County?
The median effective rate is 0.73% of home value a year (Census ACS 2024 5-year estimates).