Housing in 87107 Albuquerque, NM is a great investment with a median value of $303,600. This is much lower than the US house median value of $338,100, meaning you can get more bang for your buck in this area. In the past year alone, housing appreciated 13.79%, nearly double the US average of 8.27%. This makes investing in 87107 Albuquerque housing an attractive option for those looking to purchase a home.
The median home cost in Albuquerque (zip 87107) is $303,600. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Albuquerque (zip 87107) is up 17.1%.
Average Age of Homes
- The median age of Albuquerque (zip 87107) real estate is 46 years old
The Rental Market in Albuquerque (zip 87107)
- Renters make up 35.4% of the Albuquerque (zip 87107) population
- 1.5% of houses and apartments in Albuquerque (zip 87107), 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.