Sandoval County

A local view of the market.

The real estate market in Sandoval County, New Mexico, is currently characterized as a seller's market. As of October 2024, the median home sold price was $375,111, reflecting a 4.2% increase from the previous year. The median price per square foot was $211. This trend indicates a competitive market where homes are selling relatively quickly and often at higher prices. Sandoval County includes several notable cities such as Rio Rancho, Corrales, and Bernalillo. Rio Rancho, the largest city in the county, has a population of approximately 104,046. Corrales is known for its rural charm and has a population of about 8,329, while Bernalillo, the county seat, has around 10,105 residents. These cities contribute to the county's diverse living environments, ranging from suburban to more rural settings. Living in Sandoval County offers a mix of rural and suburban lifestyles. The area is known for its agricultural activities, particularly in Corrales, which maintains a rural atmosphere with farms and open spaces. The top industries in the county include healthcare, education, and retail trade. The county attracts new residents due to its affordable housing options compared to nearby areas, its scenic landscapes, and its proximity to Albuquerque, which provides additional employment opportunities and urban amenities.