The housing market in Sandia Park, NM is thriving, with a median value of $438,200 - nearly one third higher than the US median value of $338,100. This strong performance has been accompanied by an impressive 1 year house appreciation rate of 13.83%, which is significantly higher than the average for the US at 8.27%. The demand for housing in Sandia Park is clearly high and this looks to be an attractive growth area in real estate investment.
The median home cost in Sandia Park is $438,200. Home appreciation the last 10 years has been 71.2%. Home Appreciation in Sandia Park is up 16.7%.
Average Age of Homes
- The median age of Sandia Park real estate is 24 years old
The Rental Market in Sandia Park
- Renters make up 0.0% of the Sandia Park population
- 0.0% of houses and apartments in Sandia Park, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.