Home Insurance in Bernalillo, New Mexico
The median home value in Bernalillo is $255,500, 19% lower than the Sandoval County median.
The typical home in Bernalillo was built around 1992. About 8% of homes were built before 1960, about 4 points above Sandoval County's 4%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
The housing stock in Bernalillo is 61% single-family homes, 6% apartments in buildings with 5+ units and 31% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
48% of owner-occupied homes in Bernalillo carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 77% of occupied homes in Bernalillo are owner-occupied. The vacancy rate is 7%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
In Bernalillo, 80% of homes are primarily heated with natural gas.
What's the biggest home insurance risk near Bernalillo? FEMA's National Risk Index points to wildfire (Relatively Moderate) in Sandoval County and Sandoval County had 580 active NFIP flood policies as of September 2026. See the full Sandoval County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in New Mexico is $1,490 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $255,500 |
|---|---|
| Median year built | 1992 |
| Owner-occupied share | 77% |
| Share of owner-occupied homes with a mortgage | 48% |
| Top county hazard | Wildfire (Relatively Moderate) |
| Active NFIP policies in Sandoval County | 580 |
| Home insurance premium | $1,490 - statewide average (NAIC, 2023 data) |
Nearby towns
- Los Ranchos de Albuquerque
- Albuquerque
- Tijeras
- San Ysidro
- Edgewood
- Jemez Springs
- Bosque Farms
- Peralta
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)