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Sundance

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

Median Home$48,900
Population579
Leading IndustriesProfessional Services · Public Administration · Manufacturing4% professional services
Home Value Growth⬆⬆+12.9% over 2 years
Young Adults32% of residentsabove average nationally
Homeowners93% of occupied units
Sundance
NM

Frequently Asked Questions

What are today's mortgage rates in Sundance?

As of today, the 30-year fixed mortgage rate for Sundance is approximately 7.099% (7.145% 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 Sundance?

The median home value in Sundance is $49k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Sundance?

Home values in Sundance have increased 12.9% 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 Sundance?

Based on a typical all-in ownership cost of $285/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $12k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sundance is $40k/year.

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What industries drive the economy in Sundance?

The largest employment sectors in Sundance are public administration (29%) and retail (5%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.