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Sunland Park

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

Median Home$141,352
Median Rent$974/month
Population17,299
Leading IndustriesProfessional Services · Transportation · Arts, Food & Hospitality3% professional services
Home Value Growth⬆⬆+14.2% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners75% of occupied units
NotableHighly Educated26% bachelor's · 15% graduate · top 16% nationally
Sunland Park
NM

Frequently Asked Questions

What are today's mortgage rates in Sunland Park?

As of today, the 30-year fixed mortgage rate for Sunland Park is approximately 6.834% (6.868% 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 Sunland Park?

The median home value in Sunland Park is $141k. The median monthly rent is $974. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Sunland Park?

Home values in Sunland Park have increased 14.2% 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 Sunland Park?

Based on a typical all-in ownership cost of $822/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sunland Park is $48k/year.

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What industries drive the economy in Sunland Park?

The largest employment sectors in Sunland Park are public administration (26%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.