Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Sandia Park

Learn about the people, housing, costs and businesses in Sandia Park, New Mexico

Median Home$330,680
Median Rent$1,101/month
Population292
Leading IndustriesFinance & Insurance · Information & Media · Retail8% finance & insurance
Home Value Growth+5.6% over 2 years
Retirees23% of residentsslightly above average
Homeowners91% of occupied units
NotableHigh Incomes$113k/year · top 11% nationally
NotableVeteran Community9% of residents · top 22% nationally
Sandia Park
NM

Frequently Asked Questions

What are today's mortgage rates in Sandia Park?

As of today, the 30-year fixed mortgage rate for Sandia Park is approximately 6.904% (6.940% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Sandia Park
What is the median home price in Sandia Park?

The median home value in Sandia Park is $331k. The median monthly rent is $1,101. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Sandia Park?

Home values in Sandia Park have increased 5.6% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Sandia Park?

Based on a typical all-in ownership cost of $1,143/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $49k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sandia Park is $113k/year.

Calculate your buying power
What industries drive the economy in Sandia Park?

The largest employment sectors in Sandia Park are public administration (19%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.