Real-Time Real Estate Market Report

Sandia Park, NM 87047

Single-Family Homes

Have the Market Insight Before You Buy or Sell



Sandia Park, NM 87047

Sat Oct 10 2026
This week the median list price for Sandia Park, NM 87047 is $670,166 with the market action index hovering around 35. This is an increase over last month's market action index of 32. Inventory has decreased to 30. Click here to stay informed with the Sandia Park market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Sandia Park, NM 87047

Sat Oct 10 2026
This week the median list price for Sandia Park, NM 87047 is $670,166 with the market action index hovering around 35. This is an increase over last month's market action index of 32. Inventory has decreased to 30. Click here to stay informed with the Sandia Park market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Sandia Park market.
Median List Price $670,166
Median Price of New Listings $549,500
Per Square Foot $255
Average Days on Market 111
Median Days on Market 77
Price Decreased 43%
Price Increased 0%
Relisted 7%
Inventory 30
Median Rent
Market Action 35
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,217,500 4,387 2.5 - 5 acres 4 3.5 17 0 1 112
$735,000 2,396 1 - 2.5 acres 4 2.5 26 1 0 56
$539,450 2,578 2.5 - 5 acres 3 3 43 0 0 87
$340,000 1,359 0.5 - 1 acre 2 1.5 41 1 0 21