Foreclosures in Sandia Park, NM

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Home Value Estimator For Sandia Park, NM

There are currently 2,200 real estate properties in Sandia Park, NM, with a median automated valuation model (AVM) price of $405,067.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Sandia Park, NM, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Sandia Park, NM, is $479,914.00, with the most expensive house in Sandia Park, NM, topping out at $3,190,000.00 and the cheapest home in Sandia Park, NM, clocking in at $30,122.00. In other words, there’s something for every potential homebuyer or savvy investor in Sandia Park, NM!

Rent Prices In Sandia Park, NM

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sandia Park, NM, is on a rollercoaster ride. The average rent price in Sandia Park, NM, is $1,624.00. Indeed, when looking to rent in Sandia Park, NM, you can expect to pay as little as $620.00 or as much as $3,400.00, with the average rent median estimated to be $1,560.00. The good news is that finding an affordable and desirable property to rent in Sandia Park, NM -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Top Reasons To Live In Sandia Park, NM In 2024

Sandia Park is located in Bernalillo, New Mexico, with an estimated municipal population of 236 residents. All of the best foreclosed homes for sale in Sandia Park are located in the following zip code areas on 87047. The estimated population per square kilometer (.62 miles) in Sandia Park is 125.

Cost Of Living In Sandia Park, NM

So, about how much do homes cost in Sandia Park? The most recent median value of resident-owned homes in Sandia Park is 417,290. An estimated 90.8 percent of households in Sandia Park own their homes, with an average family size of 2.69. For working parents and professionals who are searching for cheap homes in Sandia Park, the median commute time of resident workers (in minutes) is 29.3.

Diversity And Demographics In Sandia Park, New Mexico

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Sandia Park, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Sandia Park is 60.9, split between 61 percent male versus 39 female. The percentage of residents who report being married in Sandia Park is 67.9, with an average family size of 2.69.

The percentage of residents who report their race in Sandia Park is as follows:

White 91.5%
Black / African American 0%
Asian 8.5%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

Looking for family-friendly neighborhoods in and/or near Sandia Park? Or maybe you are searching for 55+ active adult communities in and/or near Sandia Park?

The percentage of residents who report their age in Sandia Park is as follows:

Under 10 6.4%
Aged 10-19 0%
20s 0%
30s 16.9%
40s 14.4%
50s 0%
60s 39%
70s 23.3%
80+ 0%

Best Schools In Sandia Park, New Mexico

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Sandia Park with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Sandia Park.

Pros And Cons Of Living In Sandia Park, New Mexico

How do you know that living in -- or moving to -- Sandia Park is right where you need to be? Perhaps you grew up in Sandia Park or already live nearby; therefore, the decision to buy a home in Sandia Park is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Sandia Park for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Sandia Park:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Sandia Park.

Reasons To Move To Sandia Park, New Mexico, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Sandia Park can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Sandia Park, meanwhile, can field multiple offers from more qualified buyers.

Sandia Park, NM Foreclosures


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