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Sanostee

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

Median Home$32,000
Median Rent$646/month
Population318
Leading IndustriesTransportation · Finance & Insurance · Information & Media5% transportation
Home Value Growth⬆⬆+17.2% over 2 years
Retirees22% of residentsnear the national average
Homeowners83% of occupied units
NotableAffordable Market$32k median home · lower cost than 100% of the country
Sanostee
NM

Frequently Asked Questions

What are today's mortgage rates in Sanostee?

As of today, the 30-year fixed mortgage rate for Sanostee is approximately 6.926% (6.963% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Sanostee?

The median home value in Sanostee is $32k. The median monthly rent is $646. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Sanostee?

Home values in Sanostee have increased 17.2% over the past two years. This indicates a strong appreciation trend. 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 Sanostee?

Based on a typical all-in ownership cost of $312/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $13k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sanostee is $33k/year.

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What industries drive the economy in Sanostee?

The largest employment sectors in Sanostee are public administration (21%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.