Zip 87109 (Albuquerque, NM) Housing

Housing in 87109 Albuquerque, NM is a great option for those looking to purchase a home. The current median house value in 87109 is $342,500 which is slightly higher than the national median of $338,100. Furthermore, in the last year alone house appreciation has seen an increase of 13.79%, far higher than the national rate of 8.27%. Therefore, buying a home in this area of Albuquerque can be a smart and profitable investment.

The median home cost in Albuquerque (zip 87109) is $342,500. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Albuquerque (zip 87109) is up 17.1%.

Average Age of Homes

- The median age of Albuquerque (zip 87109) real estate is 39 years old

The Rental Market in Albuquerque (zip 87109)

- Renters make up 44.9% of the Albuquerque (zip 87109) population
- 4.2% of houses and apartments in Albuquerque (zip 87109), 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
	20,474.0	139,647,020.0
	43	42
	$342,500	$338,100
	17.1%	16.6%
	57.7%	57.0%
	77.7%	101.1%
	$10.40	$10.98
	$2,552	$2,690
	46.9%	57.4%
	7.6%	11.2%
	45.5%	31.4%
Vacant Housing
	4.2%	1.9%
	0.6%	0.4%
	0.2%	0.7%
	0.4%	0.4%
	0.6%	3.6%
	1.7%	4.1%
Value of Owner-Occupied Housing
	4.2%	2.6%
	3.4%	2.4%
	1.5%	2.8%
	1.9%	3.9%
	1.6%	4.5%
	4.9%	11.3%
	10.9%	13.0%
	43.6%	20.1%
	18.2%	13.6%
	6.3%	8.3%
	2.7%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.6%	13.6%
	4.6%	13.6%
	10.0%	13.6%
	21.4%	13.2%
	44.6%	14.8%
	10.0%	13.6%
	2.6%	10.0%
	0.7%	4.7%
	0.3%	12.2%

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