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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

$346,268

AVERAGE PRICE OF 25 DISTRESSED HOMES

$1,817,124

AVERAGE PRICE OF 95 MULTI-MILLION DOLLAR HOMES

$575,577

AVERAGE PRICE OF 146 NEWLY BUILT HOMES

$460,579

AVERAGE PRICE OF 126 REDUCED PRICE HOMES

Average Home

Average Price n/a
Avg Bedrooms 2.71 beds
Avg Bathrooms 2.02 baths

Average Price by Bedrooms

1 bedroom $590,513
2 bedrooms $348,821
3 bedrooms $394,173
4 bedrooms $559,076
5 bedrooms n/a
Albuquerque Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 1,957 1,798 1,739 1,681 1,845
Average Price n/a n/a n/a $448,109 $444,093
Avg Price Change n/a n/a n/a +0.90% -0.84%
Median Price $363,783 $362,297 $361,396 $359,049 $348,319
Med Price Change +0.41% +0.25% +0.65% +3.08% -0.15%
Avg Bedrooms 2.67 beds 2.61 beds 2.57 beds 2.58 beds 2.6 beds
Avg Bathrooms 1.98 baths 1.94 baths 1.91 baths 1.9 baths 1.94 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
West Mesa 245 $405,479 72 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,079 n/a 84 days
Distressed Homes 25 $346,268 47 days
Multi-Million Dollar Homes 95 $1,817,124 147 days
Newly Built Homes 146 $575,577 115 days
Homes with a Pool 103 n/a 67 days
Reduced Price Homes 126 $460,579 48 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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