Zip 87102 (Albuquerque, NM) Housing

The housing market in 87102 Albuquerque, NM is thriving. The median value of a home in this area is $214,700, which is significantly lower than the US average of $338,100. In addition, the one year house appreciation rate for this area is 13.79%, which is higher than the US average of 8.27%. This indicates that the housing market in 87102 Albuquerque, NM is strong and shows signs of further appreciation. Therefore, buying a home in this area may prove to be a good investment for potential homeowners.

The median home cost in Albuquerque (zip 87102) is $214,700. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Albuquerque (zip 87102) is up 17.1%.

Average Age of Homes

- The median age of Albuquerque (zip 87102) real estate is 58 years old

The Rental Market in Albuquerque (zip 87102)

- Renters make up 53.0% of the Albuquerque (zip 87102) population
- 5.1% of houses and apartments in Albuquerque (zip 87102), 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	Albuquerque, New Mexico	United States
	11,279.0	139,647,020.0
	57	42
	$214,700	$338,100
	17.1%	16.6%
	57.7%	57.0%
	77.7%	101.1%
	$10.74	$10.98
	$1,434	$2,690
	29.9%	57.4%
	13.1%	11.2%
	57.0%	31.4%
Vacant Housing
	5.1%	1.9%
	1.2%	0.4%
	0.6%	0.7%
	0.3%	0.4%
	1.8%	3.6%
	4.0%	4.1%
Value of Owner-Occupied Housing
	2.3%	2.6%
	0.1%	2.4%
	2.7%	2.8%
	5.0%	3.9%
	11.5%	4.5%
	32.7%	11.3%
	19.4%	13.0%
	15.2%	20.1%
	6.4%	13.6%
	2.4%	8.3%
	1.1%	9.7%
	0.3%	3.9%
	0.6%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	10.5%	13.6%
	10.5%	13.6%
	6.1%	13.6%
	9.9%	13.2%
	10.3%	14.8%
	6.1%	13.6%
	10.8%	10.0%
	12.0%	4.7%
	23.4%	12.2%

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Phoenix · Albuquerque, NM

Of all the choices in the US, this would be nearhe

Over 3 years ago

I’ve lived here almost half my life. I do appreciate the beauty of the mountains… This is probably the best part of the Albuquerque area, especially in the winter with More

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