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Housing in Albuquerque, New Mexico

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HousingAlbuquerque, NMUnited States
Median Home Age31.235.1
Median Home Cost$151,800$153,800
Home Appreciation-1.45%1.62%
Homes Owned56.56%57.69%
Housing Vacant6.20%11.38%
Homes Rented37.24%30.93%
Property Tax Rate$8.22$11.20
OWNER-OCCUPIED HOUSING UNITS BY VALUE
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Less Than $20,0001.94%2.72%
$20,000 to $39,9992.00%4.03%
$40,000 to $59,9992.03%5.58%
$60,000 to $79,9992.38%7.09%
$80,000 to $99,9994.27%8.80%
$100,000 to $149,99924.33%21.26%
$150,000 to $199,99928.19%14.87%
$200,000 to $299,99923.97%16.82%
$300,000 to $399,9996.76%7.83%
$400,000 to $499,9992.11%4.04%
$500,000 to $749,9991.50%4.05%
$750,000 to $999,9990.28%1.26%
$1,000,000 or more0.24%1.64%
HOUSING UNITS BY YEAR STRUCTURE BUILT
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1999 to 200517.54%13.71%
1995 to 199815.46%14.31%
1990 to 199415.46%14.31%
1980 to 198915.44%13.87%
1970 to 197919.81%16.17%
1960 to 196911.56%11.70%
1950 to 195912.31%11.08%
1940 to 19494.81%6.02%
1939 or Earlier3.06%13.15%


The median home value in Albuquerque, NM, is $151,800. Home appreciation is -1.45% over the last year. The median age of Albuquerque, NM, real estate is 31 years.

Albuquerque, NM Apartments and Rentals

Renters make up 37.24% of the Albuquerque, NM, population. 6.20% of houses and apartments in Albuquerque, NM, are unoccupied (vacancy rate).


Albuquerque Housing SperlingViews

re: Good places to move in Alb. - 6/11/2007: the far north east area is great, i live in the oso grande area, by the park and... (read more)re: Cost of housing to high????? - 4/18/2007: Sorry to inform you Ann but Jim is dead on. Large cities in the west, Denver, Las Vegas, Phoenix, Reno, Portland, Seattle and all of CA have much higher cost of housing... (read more)re: Cost of housing to high????? - 4/18/2007: Not true! Housing here is more expensive than in AZ (except... (read more)Have an opinion about Albuquerque? Leave a commentTo See All SperlingViews for Albuquerque Click Here