Algodones, New Mexico.
Typical home $380,950 (+1.7% in a year). Albuquerque, NM metro.
to buy the typical home at today's mortgage rate — +$923 (+86%) since Feb 2020.
- 1 year
- Up $6,459 +2%
- $374,490$380,950 since Sep 2025
- 5 years
- Up $29,230 +8%
- $351,720$380,950 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Algodones$2,000
- New Mexico$1,658
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 43 years.
Typical home values in Algodones, NM rose 1.7% over the past year — faster than the nation's +1.2%.
Living in Algodones, Sandoval County, New Mexico
Algodones, in Sandoval County, had 720 people in the 2020 census. Half its households earn more than $67,994 a year and half less, against $86,636 across Sandoval County; 18% of its people live below the poverty line. Unemployment in Sandoval County was 4.9% in August 2026, and the county had 0.6% more jobs in 2025 than the year before. The most people in Sandoval County work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Algodones is a small community beside the Jemez River, with an older population than most places. Incomes run below the county's, and a good share of residents live below the poverty line. Homes are worth a fair amount, and fewer adults hold a four-year degree than you might expect.
Work. Residents work mostly in schools, hospitals and social care, in professional and business services, in shops, and in restaurants, hotels and entertainment. Across Sandoval County, some of the largest workplaces are Intel, Rio Rancho Schools and UNM Sandoval Regional Medical Center. The typical commute is a fairly long one, and unemployment across the county has risen a little over the past year.
Things to do. The Jemez River runs in or beside town. A short drive away are Coronado State Monument and Sandia Cave, both archaeological sites. Farther afield, a longer drive brings you to Bandelier National Monument, another archaeological site. Winters are cold with a little snow, summers are hot, and rain and snowmelt are scarce through the year.
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- 632households
- 17%of adults have a degree
- 18%below the poverty line
- 33 mintypical commute
What people in Sandoval County work in
Employed residents by industry, from the Census survey. Sandoval County had 35,867 jobs in 2025, 0.6% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 47° and lows near 22°; warmest in July, with highs near 93° and lows near 64°. About 6 inches of snow and 9 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Jemez Dam weather station, 3 miles away (NOAA).
Largest workplaces in Sandoval County
- IntelSemiconductor devices manufacturing3,109
- RIO Rancho SchoolsSchool district1,307FTE
- HPWorkstations, computer, manufacturing613
- UNM Sandoval Regional Medical CenterGeneral hospital570FTE
- Sandoval CountyCounty development agencies542
- Bernalillo SchoolsSchool district448FTE
- WalmartWarehouse clubs and supercenters407
- WalmartWarehouse clubs and supercenters357
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 47 workplaces with 20 or more staff, 8,642 people in all across the county; Algodones has one of its own. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- LightningRelatively high
- Inland floodingRelatively high
- DroughtRelatively moderate
- Winter weatherRelatively moderate
- Heat wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Algodones’ census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Sandoval County and the Albuquerque, NM metro.
Algodones home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Algodones$380,950
- New Mexico$315,812
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Zip codes with a Algodones address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Algodones — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.