Los Ranchos de Albuquerque, NM has an impressive median value of housing at $597,500 – well above the US House median value of $338,100. This is an even more impressive number given that in the past year, US housing has only seen a modest 8.27% appreciation compared to a 13.79% appreciation in Los Ranchos de Albuquerque. This demonstrates that Los Ranchos de Albuquerque is not only an attractive place to live for its beautiful scenery and great amenities, but also for its strong property values. The high housing median value offers stability and security for homeowners looking for a long-term investment in their residence.
The median home cost in Los Ranchos de Albuquerque is $597,500. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Los Ranchos de Albuquerque is up 17.1%.
Average Age of Homes
- The median age of Los Ranchos de Albuquerque real estate is 40 years old
The Rental Market in Los Ranchos de Albuquerque
- Renters make up 29.1% of the Los Ranchos de Albuquerque population
- 0.0% of houses and apartments in Los Ranchos de Albuquerque, 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.