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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

$443,688

AVERAGE PRICE OF 1,938 HOMES

$286,128

AVERAGE PRICE OF 32 DISTRESSED HOMES

$1,859,368

AVERAGE PRICE OF 89 MULTI-MILLION DOLLAR HOMES

$583,590

AVERAGE PRICE OF 119 NEWLY BUILT HOMES

$766,246

AVERAGE PRICE OF 92 HOMES WITH A POOL

$445,382

AVERAGE PRICE OF 76 REDUCED PRICE HOMES

Average Home

Average Price $443,688
Avg Bedrooms 2.6 beds
Avg Bathrooms 1.94 baths

Average Price by Bedrooms

1 bedroom $556,176
2 bedrooms $324,197
3 bedrooms $382,215
4 bedrooms $529,032
5 bedrooms $741,503
Albuquerque Home Price Trends
  10/2023 9/2023 8/2023 7/2023 6/2023
Total Listings 1,916 1,963 1,918 1,877 1,814
Average Price $456,057 $449,930 $460,330 $460,631 $451,873
Avg Price Change +1.36% -2.31% -0.07% +1.94% +2.56%
Median Price $352,373 $350,639 $363,565 $363,192 $359,212
Med Price Change +0.49% -3.69% +0.10% +1.11% +1.93%
Avg Bedrooms 2.63 beds 2.65 beds 2.66 beds 2.66 beds 2.62 beds
Avg Bathrooms 1.98 baths 1.97 baths 1.99 baths 2.01 baths 1.99 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
La Cueva 169 $666,443 114 days
Rio Grande 165 $353,801 175 days
Valley 134 $471,337 95 days
Volcano Vista 218 $352,446 126 days
West Mesa 175 $404,297 88 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,938 $443,688 95 days
Distressed Homes 32 $286,128 93 days
Multi-Million Dollar Homes 89 $1,859,368 143 days
Newly Built Homes 119 $583,590 123 days
Homes with a Pool 92 $766,246 67 days
Reduced Price Homes 76 $445,382 50 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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