Zip 87104 (Albuquerque, NM) Housing

Housing in 87104 Albuquerque, NM is quite valuable compared to the national housing median value, which currently stands at $338,100. The median value in 87104 Albuquerque is $302,400, and the appreciation rate over the past year has been 13.79%, significantly more than the 8.27% increase in appreciation nationally. This shows that 87104 Albuquerque is a great place to invest in real estate and provides an opportunity for homeowners to see significant returns on their investment.

The median home cost in Albuquerque (zip 87104) is $302,400. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Albuquerque (zip 87104) is up 17.1%.

Average Age of Homes

- The median age of Albuquerque (zip 87104) real estate is 47 years old

The Rental Market in Albuquerque (zip 87104)

- Renters make up 36.1% of the Albuquerque (zip 87104) population
- 2.5% of houses and apartments in Albuquerque (zip 87104), 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
	6,479.0	139,647,020.0
	48	42
	$302,400	$338,100
	17.1%	16.6%
	57.7%	57.0%
	77.7%	101.1%
	$10.72	$10.98
	$2,789	$2,690
	58.8%	57.4%
	9.6%	11.2%
	31.6%	31.4%
Vacant Housing
	2.5%	1.9%
	0.2%	0.4%
	1.0%	0.7%
	0.5%	0.4%
	1.1%	3.6%
	4.4%	4.1%
Value of Owner-Occupied Housing
	1.7%	2.6%
	1.8%	2.4%
	0.5%	2.8%
	0.8%	3.9%
	1.3%	4.5%
	6.2%	11.3%
	15.0%	13.0%
	32.6%	20.1%
	15.8%	13.6%
	11.3%	8.3%
	9.3%	9.7%
	2.6%	3.9%
	0.5%	2.2%
	0.0%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.6%	0.2%
	10.6%	13.6%
	10.6%	13.6%
	10.2%	13.6%
	11.8%	13.2%
	11.5%	14.8%
	10.2%	13.6%
	8.4%	10.0%
	10.4%	4.7%
	16.7%	12.2%

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