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East Mountain Coalition Hermosilla Estates Lois Lane Los Suenos Mountain Valley Ponderosa Ranch Estates Rider Road Area Sandia Knolls Sandia Park Scenic Byway Vista Bonita Wildflower

SANDIA PARK, NM 87047

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 87047

East Mountain Coalition · Hermosilla Estates · Lois Lane · Los Suenos · Mountain Valley · Ponderosa Ranch Estates · Rider Road Area · Sandia Knolls · Sandia Park Scenic Byway · Vista Bonita · Wildflower

Market Analysis

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

The SANDIA PARK, NM real estate market (87047) currently shows 42 active listings, with 11 pending sales. Homes are averaging 84 days on the market before going under contract.

Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.

The median listing price has fallen 8.6% year-over-year, from $730,000 to $667,558.

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Market Context

Market Context

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

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

Market Overview

Active Listings
42
⇩ 12.5% vs 48 last year
Pending
11
26% pending ratio
Median Price
$667,558
⇩ 8.6% vs $730,000 last year
Average Price
$876,315
⇧ 0.2% vs $874,382 last year
Days on Market
84
— vs 84 days last year

Price Per Square Foot

Median $/sqft
$256
⇧ 3.6% vs $247/sqft last year
Median Home Size
2,915 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 42 this year vs 48 last year
  • Days on market: 84 now vs 84 last year

Median & Average Pricing

Year over Year
  • Median: $667,558 (-8.6% YoY)
  • Average: $876,315 (+0.2% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 25.2 miles — 888 listings ($449,708,155 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
87047Sandia Park, NM 870470.0 mi25$26,126,850$742,500$1,045,074
87043Placitas, NM 870439.9 mi51$41,423,883$746,988$812,233
87001Algodones, NM 8700112.7 mi1$940,000$940,000$940,000
87010Cerrillos, NM 8701013.4 mi12$7,081,092$595,000$590,091
87123Albuquerque, NM 8712316.9 mi93$58,605,810$357,500$630,170
87113Albuquerque, NM 8711317.1 mi40$25,686,680$449,750$642,167
87109Albuquerque, NM 8710918.2 mi81$28,074,195$366,000$346,595
87110Albuquerque, NM 8711019.6 mi102$38,052,018$350,450$373,059
87108Albuquerque, NM 8710821.0 mi72$22,485,168$291,250$312,294
87056Stanley, NM 8705622.3 mi7$3,171,917$403,250$453,131
87102Albuquerque, NM 8710223.9 mi70$21,592,620$275,000$308,466
87540Lamy, NM 8754024.9 mi14$16,221,842$992,500$1,158,703
87144Rio Rancho, NM 8714425.2 mi320$160,246,080$449,769$500,769

Frequently Asked Questions

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

As of September 2026, there are 42 active listings in SANDIA PARK, NM (zip code 87047), compared to 48 the prior year.

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

The median listing price in SANDIA PARK, NM 87047 is $667,558 as of September 2026, a 8.6% decrease from $730,000 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 84 days on the market before going under contract, compared to 84 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 September 2026, SANDIA PARK, NM 87047 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.

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 $13,351 compared to a typical 5% commission on the median listing price of $667,558. 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.