Housing in 87110 Albuquerque, NM has a median value of $280,700 which is significantly lower than the US house median value of $338,100. However, this zip code in Albuquerque has seen a higher level of appreciation over the last year at 13.79%, compared to the national one-year appreciation rate of 8.27%. The higher appreciation rate reflects an improving housing market and increased demand for housing in Albuquerque's 87110 zip code.
The median home cost in Albuquerque (zip 87110) is $280,700. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Albuquerque (zip 87110) is up 17.1%.
Average Age of Homes
- The median age of Albuquerque (zip 87110) real estate is 56 years old
The Rental Market in Albuquerque (zip 87110)
- Renters make up 29.8% of the Albuquerque (zip 87110) population
- 2.3% of houses and apartments in Albuquerque (zip 87110), 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.