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SANDIA PARK, NM 87047

Real Estate Market Report  ·  Sandoval County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
27
⇩ 20.6% vs 34 last year
Pending
7
26% pending ratio
Median Price
$699,000
⇧ 2% vs $685,475 last year
Average Price
$902,887
⇧ 3.9% vs $869,352 last year
Days on Market
144
⇧ 24.1% vs 116 days last year

Market Context

Population: 4,965  ·  Density: 13.8/mi²  ·  Median household income: $109,525

Typical home value: $391,174  ·  Homeownership: 89.7%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The SANDIA PARK, NM real estate market (87047) currently shows 27 active listings, with 7 pending sales. Homes are averaging 144 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 144 days on market compared to 116 days last year.

The median listing price has risen 2% year-over-year, from $685,475 to $699,000.

Whether you are buying or selling in SANDIA PARK, NM, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 27 this year vs 34 last year
  • Days on market: 144 now vs 116 last year

Median & Average Pricing

Year over Year
  • Median: $699,000 (+2% YoY)
  • Average: $902,887 (+3.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 25.2 miles — 966 listings ($580,837,879 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87047Sandia Park, NM 870470.0 mi27$24,377,949$699,000$902,887
87043Placitas, NM 870439.9 mi50$37,403,250$708,000$748,065
87015Edgewood, NM 8701512.9 mi39$20,040,462$499,000$513,858
87111Albuquerque, NM 8711115.5 mi125$85,522,750$450,000$684,182
87112Albuquerque, NM 8711217.0 mi94$33,845,546$337,450$360,059
87059Tijeras, NM 8705917.5 mi33$21,556,161$571,500$653,217
87048Corrales, NM 8704819.4 mi35$42,372,225$975,000$1,210,635
87004Bernalillo, NM 8700419.8 mi31$16,955,078$460,000$546,938
87107Albuquerque, NM 8710722.1 mi73$60,898,644$525,000$834,228
87114Albuquerque, NM 8711423.2 mi146$73,427,780$400,000$502,930
87041Pena Blanca, NM 8704124.5 mi0$0$2,400,000$2,400,000
87540Lamy, NM 8754024.9 mi13$15,740,634$975,000$1,210,818
87144Rio Rancho, NM 8714425.2 mi300$148,697,400$430,000$495,658

Frequently Asked Questions

How many homes are for sale in SANDIA PARK, NM 87047?

As of January 2026, there are 27 active listings in SANDIA PARK, NM (zip code 87047), compared to 34 the prior year.

What is the median home price in SANDIA PARK, NM 87047?

The median listing price in SANDIA PARK, NM 87047 is $699,000 as of January 2026, a 2% increase from $685,475 the prior year.

How long do homes stay on the market in SANDIA PARK, NM?

Homes in SANDIA PARK, NM 87047 spend an average of 144 days on the market before going under contract, compared to 116 days the prior year.

Is it a seller's or buyer's market in SANDIA PARK, NM 87047?

Based on current inventory and days-on-market data as of January 2026, SANDIA PARK, NM 87047 is currently a Balanced Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 144 days on market compared to 116 days last year.

How much can I save on real estate commission in SANDIA PARK, NM?

With SELL123.com's maximum 3% commission, sellers in SANDIA PARK, NM 87047 save an estimated $13,980 compared to a typical 5% commission on the median listing price of $699,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.