Bernalillo County, NM Housing

Bernalillo, NM County is an excellent place to buy a house. The median value of housing in the area is $297,600 - considerably lower than the US median house value of $338,100. In addition, Bernalillo County has seen an impressive 1 year appreciation rate of 9.65%, which is higher than the US average of 8.27%. This makes it a great option for potential homebuyers looking for a good investment opportunity.

The median home cost in Bernalillo County is $297,600. Home appreciation the last 10 years has been 77.5%. Home Appreciation in Bernalillo County is up 17.1%.

Average Age of Homes

- The median age of Bernalillo County real estate is 36 years old

The Rental Market in Bernalillo County

- Renters make up 34.7% of the Bernalillo County population
- 2.3% of houses and apartments in Bernalillo County, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Bernalillo, New Mexico	United States
	298,213.0	139,647,020.0
	40	42
	$297,600	$338,100
	17.1%	16.6%
	57.7%	57.0%
	77.5%	101.1%
	$10.51	$10.98
	$2,273	$2,690
	58.5%	57.4%
	6.9%	11.2%
	34.6%	31.4%
Vacant Housing
	2.3%	1.9%
	0.4%	0.4%
	0.7%	0.7%
	0.3%	0.4%
	0.7%	3.6%
	2.6%	4.1%
Value of Owner-Occupied Housing
	3.6%	2.6%
	1.7%	2.4%
	0.9%	2.8%
	1.3%	3.9%
	2.3%	4.5%
	12.8%	11.3%
	21.7%	13.0%
	29.8%	20.1%
	12.8%	13.6%
	6.2%	8.3%
	4.8%	9.7%
	1.4%	3.9%
	0.5%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	15.5%	13.6%
	15.5%	13.6%
	15.2%	13.6%
	15.6%	13.2%
	18.8%	14.8%
	15.2%	13.6%
	11.3%	10.0%
	4.4%	4.7%
	3.3%	12.2%

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