Groundwork

Real estate · County · New Mexico

Real estate businesses in Sandoval County, NM

How Sandoval County, NM compares with other counties and the U.S. for real estate businesses: competitors, household spending, official counts and growth.

Groundwork market score · out of 100

Score 74 out of 100: Upper middle

Ranked #131 of 2,229 scored counties
#4 of 25 scored counties in New Mexico

Listings
97
3 chain locations (3%)
Official establishments
85
+57.4% since 2019
Household spending a year
$1B
On rent and homeowner costs · $18,310 a household
Housing spending per listing (U.S. = 100)
248
2.5 times the U.S.
Listings per 10k households
17.0
56% below the U.S.
Population, 2025
159,565
+6.9% since 2020

See the real estate businesses around any address in Sandoval County

The site report maps the real estate businesses on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of Sandoval County. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

For real estate businesses, Sandoval County has a Groundwork market score of 74 (upper middle): #131 of 2,229 scored counties and #4 of 25 scored counties in New Mexico. That puts it in the top 10% of counties for real estate businesses.

As of September 2026, map listings count 97 real estate businesses in Sandoval County. Chain locations make up 3% of them, against 6% across the U.S. Per 10,000 households, that is 17.0, 56% below the U.S. rate of 38.5.

At $18,310 per household (10% above the U.S. average), households in Sandoval County spend about $1B a year on rent and homeowner costs. Housing spending per office is 2.5 times the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money real estate businesses take in.

In 2023, official counts showed 85 businesses with payroll in Sandoval County classed as real estate agents, property managers, mortgage lenders and inspectors, up 57.4% from 2019. That is one for every 669 households, against one for every 414 across the U.S. Between 2020 and 2025, the population of Sandoval County grew 6.9%, faster than the U.S. (+3.1%).

How Sandoval County compares

The same measures for New Mexico and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.

Real estate in Sandoval County, NM compared with New Mexico and the U.S.
MeasureSandoval CountyNew MexicoU.S.
Listings per 10k households17.030.538.5
Housing spending per listing (U.S. = 100)248126100
Households per official establishment669562414
Official establishment growth, 2019–2023+57.4%+15.1%+15.8%
Population growth, 2020–2025+6.9%+0.3%+3.1%
Spending per household on rent and homeowner costs$18,310$16,591$16,661
Median household income$86,636$64,059$80,734
Groundwork market score7458

Official counts and lending

Businesses

Official establishments, 2019 to 2023
54 → 85+57.4% over the period
Employees, 2023
203
Annual payroll, 2023
$11.6M
One-person businesses, 2023
662Businesses with no payroll
Map listings, September 2026
973 chain locations
Listings at the U.S. rate for this spending
241The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as real estate agents, property managers, mortgage lenders and inspectors in Sandoval County, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in Sandoval County

Population, 2025 estimate
159,565+6.9% since 2020
Households
56,895
Median age
41.7
Homes lived in by their owners
84%
Vehicles per household
2.1
Land area
3,710 sq. mi.
People per square mile
41
Median household income
$86,636+35.8% vs. 2015–2019, before inflation
Average household income
$108,102
Median home value
$313,800
Jobs located here
35,682
Daytime population
121,290Residents who don’t work, plus everyone whose job is here

Looking at a specific site in Sandoval County?

These figures cover the whole county. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the real estate businesses on map listings by name and distance.

Or open the report at the center of Sandoval County. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

Real estate across New Mexico

Every New Mexico market ranked →

The highest-scoring counties in New Mexico for real estate businesses, numbered among those based in New Mexico, with Sandoval County marked.

Top counties in New Mexico

Counties in New Mexico ranked for real estate businesses by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Torrance County, NM8569.9363+6.9%#6 of 2,229
2Valencia County, NM764114.9248+7.2%#89 of 2,229
3Rio Arriba County, NM75106.4575−1.0%#93 of 2,229
4Sandoval County, NM749717.0248+6.9%#131 of 2,229
5McKinley County, NM68157.0482−6.1%#258 of 2,229
6Cibola County, NM6889.4366−0.6%#262 of 2,229
7Eddy County, NM644820.3199+0.3%#415 of 2,229
8Socorro County, NM6359.5339−4.3%#433 of 2,229
9San Miguel County, NM631512.6272−3.2%#436 of 2,229
10Luna County, NM621213.0246−0.2%#489 of 2,229

Other business types in Sandoval County

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many real estate businesses are in Sandoval County, NM?

Sandoval County has 97 real estate businesses on map listings as of September 2026. 3 of them (3%) are chain locations. The listings count real estate agents and brokers, property managers, mortgage brokers and lenders, and home inspectors. Official counts show 85 businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in 2023, up 57.4% from 2019. Another 662 one-person businesses have no payroll, by official counts.

How much do households in Sandoval County, NM spend on rent and homeowner costs?

About $1B a year, or $18,310 per household. That is 10% above the U.S. average (an index of 110, where 100 is the U.S. average). For the 97 real estate businesses on map listings, housing spending per office is 2.5 times the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money real estate businesses take in. It is estimated from the incomes of the 56,895 households in Sandoval County and national spending patterns by income.

How does Sandoval County, NM compare with the U.S. for real estate businesses?

Sandoval County has 17.0 real estate businesses per 10,000 households, 56% below the U.S. rate of 38.5. The index of housing spending per office is 248, where 100 is the U.S. At the national ratio of real estate businesses to household spending, Sandoval County would have about 241, against 97 on map listings. There is one business with payroll in the industry for every 669 households, against one for every 414 across the U.S. The official count rose 57.4% from 2019 to 2023, against +15.8% for the U.S.

How fast is Sandoval County, NM growing?

Population estimates put Sandoval County at 159,565 people in 2025, up 6.9% since 2020, faster than the U.S. (+3.1%). It has 56,895 households. The median household income in Sandoval County is $86,636 a year, 7% above the U.S. median of $80,734. That rose 35.8% from the 2015–2019 survey, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. Sandoval County scores 74 for real estate businesses (upper middle), #131 of 2,229 scored counties.

How can I see the market around a specific site?

Run a Groundwork site report on an address in Sandoval County. It maps the real estate businesses on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for real estate businesses · All 56 business types in Sandoval County

Screening a site or an acquisition in Sandoval County?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of Sandoval County. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.