Sandia Knolls, NM Housing Market

The Sandia Knolls housing market is not very competitive. The median sale price of a home in Sandia Knolls was $450K last month, up 34.3% since last year. The median sale price per square foot in Sandia Knolls is $153, down 30.9% since last year.

Trends
Demand
Migration
Schools
Climate

Sandia Knolls Housing Market Trends

What is the housing market like in Sandia Knolls today?

$450K

Sale Price

+34.3%
since last year

$153

Sale $/Sq. Ft.

-30.9%
since last year

Under List Price

1.4%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Sandia Knolls and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Sandia Knolls add value to a home.

How hot is the Sandia Knolls housing market?

Sandia Knolls is not very competitive. Homes sell in 33 days.

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 1% below list price and go pending in around 33 days.
Hot homes
can sell for around list price and go pending in around 11 days.

Compare With Nearby Cities

Albuquerque

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 45 days.
Hot homes
can sell for around list price and go pending in around 15 days.

Rio Rancho

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 52 days.
Hot homes
can sell for around list price and go pending in around 20 days.

See more nearby cities and neighborhoods

Sandia Knolls Migration & Relocation Trends

In Dec '24 - Feb '25, 47% of Sandia Knolls homebuyers searched to move out of Sandia Knolls, while 53% looked to stay within the metropolitan area.

Where are people moving to Sandia Knolls from?

Across the nation, 0.35% of homebuyers searched to move into Sandia Knolls from outside metros.
Los Angeles homebuyers searched to move into Sandia Knolls more than any other metro followed by Seattle and Dallas.

Where are people from Sandia Knolls moving to?

53% of Sandia Knolls homebuyers searched to stay within the Sandia Knolls metropolitan area.
Minneapolis was the most popular destination among Sandia Knolls homebuyers followed by El Paso and Des Moines.

Number of People Moving to Sandia Knolls

least

most

People are moving to Sandia Knolls from

Inbound		Net inflow
Metros		Dec '24 - Feb '25
1	Los Angeles, CA	456
2	Seattle, WA	318
3	Dallas, TX	204
4	San Francisco, CA	202
5	Denver, CO	153
6	Austin, TX	112
7	Phoenix, AZ	102
8	Washington, DC	92
9	San Diego, CA	75
10	Chicago, IL	58

People are leaving Sandia Knolls for

Outbound		Net outflow
Metros		Dec '24 - Feb '25
1	Minneapolis, MN	688
2	El Paso, TX	65
3	Des Moines, IA	50
4	Tucson, AZ	29
5	Hilo, HI	25
6	Alamogordo, NM	19
7	Durango, CO	17
8	Prescott Valley, AZ	15
9	Pueblo, CO	15
10	Silver City, NM	14

Methodology

This data does not reflect actual moves. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.

View houses in Sandia Knolls that sold recently

Recently sold homes

SOLD JAN 9, 2025
$185,000
—beds
—baths
1,620 sq ft
10 Sharp Rd, Sandia Park, NM 87047
List Price
—
Sale to List
—
Days on Market
—
10 Sharp Rd, Sandia Park, NM 87047

Schools in Sandia Knolls

Learn about schools in the Sandia Knolls area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Sandia Knolls housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Sandia Knolls.

Heat Factor - Minor

67% of properties are at minor risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Sandia Knolls

New Listings in Sandia Knolls

Zip Code Housing Markets

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Richland Heights Housing Market

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