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Albuquerque

Why you'd want to live in Albuquerque

New Mexico’s largest city, the Albuquerque Metro area has over 908,200 residents and is growing at a steady pace of 1 to 2 percent a year. The area’s five-year growth rate is projected at 7.2 percent compared with the national rate of 4.0 percent. Even as a larger city, Albuquerque can’t help but retain its neighborhood feel. via Visit Albuquerque

Albuquerque Market Report

$447,941

AVERAGE PRICE OF 1,964 HOMES

$254,481

AVERAGE PRICE OF 38 DISTRESSED HOMES

$1,944,354

AVERAGE PRICE OF 94 MULTI-MILLION DOLLAR HOMES

$586,800

AVERAGE PRICE OF 122 NEWLY BUILT HOMES

$722,324

AVERAGE PRICE OF 109 HOMES WITH A POOL

$462,716

AVERAGE PRICE OF 90 REDUCED PRICE HOMES

Average Home

Average Price $447,941
Avg Bedrooms 2.64 beds
Avg Bathrooms 1.97 baths

Average Price by Bedrooms

1 bedroom $503,371
2 bedrooms $349,543
3 bedrooms $370,591
4 bedrooms $518,121
5 bedrooms $794,762
Albuquerque Home Price Trends
  8/2023 7/2023 6/2023 5/2023 4/2023
Total Listings 1,918 1,877 1,814 1,737 1,676
Average Price $460,330 $460,631 $451,873 $440,606 $433,730
Avg Price Change -0.07% +1.94% +2.56% +1.59% +1.61%
Median Price $363,565 $363,192 $359,212 $352,410 $348,477
Med Price Change +0.10% +1.11% +1.93% +1.13% +3.01%
Avg Bedrooms 2.66 beds 2.66 beds 2.62 beds 2.59 beds 2.57 beds
Avg Bathrooms 1.99 baths 2.01 baths 1.99 baths 1.96 baths 1.93 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Highland 148 $367,736 43 days
La Cueva 168 $671,413 95 days
Rio Grande 152 $356,505 155 days
Volcano Vista 195 $356,181 112 days
West Mesa 184 $403,687 83 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,964 $447,941 81 days
Distressed Homes 38 $254,481 73 days
Multi-Million Dollar Homes 94 $1,944,354 120 days
Newly Built Homes 122 $586,800 121 days
Homes with a Pool 109 $722,324 48 days
Reduced Price Homes 90 $462,716 38 days
Realty ONE Group Concierge
100 Sun Avenue Northeast, Suite 150
Albuquerque, NM 87109
505-318-1111

UPAFE27023DB384E.png Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
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