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Sandoval County Housing Market

New Mexico · 33 counties · Ranked #2572 in home value

Above National Avg

Housing at a Glance

Median Home Value

$282,300

vs national+$282,300 vs $281,900 national

Median Gross Rent

$1,408/mo

vs national+$1,408 vs $1,163 national

Effective Tax Rate

0.76%

vs national0.76% vs 1.02% national

Median Household Income

$84,053

vs national+$84,053 vs $74,755 national

Affordability Ratio

3.4x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

30.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$2,147

Tax as % of Home Value

0.76%

Monthly Owner Cost

$1,180

Renter Income

$55,057

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Mortgage

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Home Search

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Similar Counties by Home Value

Elko County

Nevada

$282,400

Fairbanks North Star Borough

Explore Related Data

Frequently Asked Questions

What is the median home value in Sandoval County?

The median home value in Sandoval County is $282,300. This is above the national median of $281,900.

How much is rent in Sandoval County?

The median gross rent in Sandoval County is $1,408 per month.

What is the property tax rate in Sandoval County?

The effective property tax rate in Sandoval County is 0.76%. The median annual property tax bill is $2,147.

Is Sandoval County affordable?

With a home-value-to-income ratio of 3.4x, Sandoval County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.