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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

$417,260

AVERAGE PRICE OF 3,260 HOMES

$259,063

AVERAGE PRICE OF 47 DISTRESSED HOMES

$1,905,830

AVERAGE PRICE OF 136 MULTI-MILLION DOLLAR HOMES

$489,453

AVERAGE PRICE OF 279 NEWLY BUILT HOMES

$904,800

AVERAGE PRICE OF 145 HOMES WITH A POOL

$394,525

AVERAGE PRICE OF 130 REDUCED PRICE HOMES

Average Home

Average Price $417,260
Avg Bedrooms 2.5 beds
Avg Bathrooms 1.89 baths

Average Price by Bedrooms

1 bedroom $419,652
2 bedrooms $347,815
3 bedrooms $364,068
4 bedrooms $485,051
5 bedrooms $872,959
Albuquerque Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 3,299 3,605 4,053 4,200 4,272
Average Price $409,778 $411,044 $408,866 $412,999 $412,662
Avg Price Change -0.31% +0.53% -1.01% +0.08% +1.34%
Median Price $330,865 $326,488 $325,000 $326,498 $325,842
Med Price Change +1.34% +0.46% -0.46% +0.20% +0.14%
Avg Bedrooms 2.48 beds 2.5 beds 2.54 beds 2.58 beds 2.64 beds
Avg Bathrooms 1.88 baths 1.9 baths 1.93 baths 1.95 baths 1.98 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Albuquerque 306 $378,926 71 days
La Cueva 238 $641,482 103 days
Rio Grande 282 $310,272 131 days
Volcano Vista 392 $284,240 127 days
West Mesa 270 $398,260 77 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,260 $417,260 92 days
Distressed Homes 47 $259,063 63 days
Multi-Million Dollar Homes 136 $1,905,830 141 days
Newly Built Homes 279 $489,453 116 days
Homes with a Pool 145 $904,800 88 days
Reduced Price Homes 130 $394,525 58 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.
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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