Real Estate Market Update for Albuquerque, NM

Video: Real Estate Community Tour for Albuquerque, NM

See Real estate community tour for Albuquerque, NM Albuquerque, home to more than 500,000 people, is located in central New Mexico. This picturesque city, located in the shadow of the Sandia Mountains and on the banks of the Rio Grande, offers sunny weather, a strong economy, and plenty to do. Albuquerque is home to many high-tech companies and government institutions, and also the University of New Mexico. Known as a very physically fit city, Albuquerque offers plenty of ways to get outdoors, including many parks and bike paths. Green chili features prominently in local cuisine, and Albuquerque is a popular foodie city. One of the largest tramways in the world the Sandia Peak Tramway carries passengers from the northeast corner of the city to Sandia Peak, more than 10,000 feet above sea level. Neighborhoods in Albuquerque include the residential and suburban Northeast Quadrant, trendy and walkable Nob Hill, and the more rural Southwest Quadrant. Generally light traffic means that no matter where you choose to live in Albuquerque, commute times are relatively short. Tour the many attractive homes available throughout the Albuquerque area on Century21.com.
Albuquerque, home to more than 500,000 people, is located in central New Mexico. This picturesque city, located in the shadow of the Sandia Mountains and on the banks of the Rio Grande, offers sunny weather, a strong economy, and plenty to do. Albuquerque is home to many high-tech companies and government institutions, and also the University of New Mexico. Known as a very physically fit city, Albuquerque offers plenty of ways to get outdoors, including many parks and bike paths. Green chili features prominently in local cuisine, and Albuquerque is a popular foodie city. One of the largest tramways in the world the Sandia Peak Tramway carries passengers from the northeast corner of the city to Sandia Peak, more than 10,000 feet above sea level. Neighborhoods in Albuquerque include the residential and suburban Northeast Quadrant, trendy and walkable Nob Hill, and the more rural Southwest Quadrant. Generally light traffic means that no matter where you choose to live in Albuquerque, commute times are relatively short. Tour the many attractive homes available throughout the Albuquerque area on Century21.com.
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Map Information for Albuquerque, NM
Area Information for Albuquerque, NM
  • Population: 560,293
  • Median Age: 36.23 yr
  • Median Commute Time: 20 mins
  • Educational Climate*: 3
  • Sales Tax: 7%
  • Population Density: 2,981/sq mi
  • Population Change Since 2000: 23.85%
  • Closest Airport: Albuquerque International Sunport
  • Closest College: Univ Of New Mexico College Of Fine Arts
  • Closest Jr. College: Central New Mexico Community College
  • Median Household Income: $49,487
  • Annual Residential Turnover: 16%
  • Median Home Sales Price: $176,522
  • Closest Major Sports Team: Albuquerque Isotopes (aaa)
  • Change Avg. Household Income Since 2000: 30.46%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Albuquerque, NM
Median Age: 36.23 Married: 35% Number of Households: 229,315 Households with Children: 64,845
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Albuquerque, NM

      School Name Distance Type Grades School Rating Parent Rating
      Evangel Christian Academy 1.2 mi Private PRESCHOOL-12 0 0
      New Mexico International School 1.2 mi Public K-3 5 0
      Sandia Preparatory School 1.5 mi Private 6-12 0 3
      The Family School 1.5 mi Public K-8 5 0
      Twenty-first Century 1.5 mi Public 5-8 3 0
      Mountain Mahogany Community School 1.6 mi Public K-8 4 0
      Alice King Community School 1.6 mi Public K-6 5 0
      Cottonwood Classical Prep 1.6 mi Public 6-10 5 4
      Digital Arts And Technology 1.7 mi Public 9-12 4 3
      Del Norte High School 1.8 mi Public 9-12 3 3
      Nex Gen Academy 1.8 mi Public 9-12 5 4
      Menaul School 2.0 mi Private 6-12 0 3
      Public Academy For Performing Arts 2.3 mi Public 6-12 4 3
      Freedom High School 2.4 mi Public 10-12 1 2
      New Futures School 2.4 mi Public 9-12 1 0
      Taft Middle School 2.4 mi Public 6-8 3 0
      Cleveland Middle School 2.5 mi Public 6-8 3 3
      Albuquerque High School 2.5 mi Public 9-12 3 3
      Zuni Elementary School 2.6 mi Public K-5 5 0
      Valley High School 2.7 mi Public 9-12 3 3
      Montessori Elementary School 2.8 mi Public K-8 5 0
      Native American Community Academy 2.8 mi Public 6-12 2 5
      Career Enrighment Center And Early College Academy 2.8 mi Public 9-12 5 4
      Victory Christian School 3.3 mi Private K-12 0 0
      Monte Vista Elementary School 3.4 mi Public K-5 5 0
      Albuquerque Academy 3.4 mi Private 6-12 0 4
      Sandia High School 3.4 mi Public 9-12 4 3
      Abq Charter Academy 3.4 mi Public 9-12 0 0
      Tierra Adentro 3.5 mi Public 6-12 3 0
      Gordon Bernell Charter School 3.5 mi Public 9-12 0 0
      Media Arts Collaborative Charter School 3.7 mi Public 6-12 3 3
      Amy Biehl Charter High School 3.8 mi Public 9-12 4 3
      Corrales International 3.9 mi Public K-12 5 0
      Hope Christian School 3.9 mi Private 9-12 0 0
      Highland High School 4.0 mi Public 9-12 2 3
      Osuna Elementary School 4.1 mi Public K-5 5 0
      Coronado Elementary School 4.1 mi Public PRESCHOOL-5 5 0
      College And Career High School 4.2 mi Public 9-12 4 4
      Bandelier Elementary School 4.2 mi Public K-5 5 4
      Albuquerque Institute Of Math & Science 4.2 mi Public 6-12 5 4
      Bosque School 4.3 mi Private 6-12 0 0
      Dennis Chavez Elementary School 4.4 mi Public PRESCHOOL-5 5 0
      Hope Connection School 4.6 mi Private 6-12 0 0
      St. Pius X High School 4.7 mi Catholic 9-12 0 4
      Mission Achievement And Success 4.7 mi Public 6-10 4 0
      Hubert H Humphrey Elementary School 4.8 mi Public PRESCHOOL-5 5 0
      La Cueva High School 4.9 mi Public 9-12 5 4
      Creative Ed Prep #1 4.9 mi Public 9-12 2 0
      Desert Ridge Middle School 5.0 mi Public 6-8 5 0
      Southwest Primary Learning Center 5.0 mi Public 4-6 5 0
      Southwest Secondary Learning Center 5.0 mi Public 4-12 5 4
      Southwest Intermediate Learning Center 5.0 mi Public 7-8 5 0
      Kirkland Elementary School 5.0 mi Public K-5 1 4
      Cesar Chavez Community center 5.2 mi Public 9-12 0 0
      Cien Aguas International 5.3 mi Public K-8 4 0
      Petroglyph Elementary School 5.3 mi Public PRESCHOOL-5 4 0
      Chamiza Elementary School 5.4 mi Public K-5 4 0
      Eisenhower Middle School 5.5 mi Public 6-8 4 4
      Eldorado High School 5.7 mi Public 9-12 5 3
      Lavaland Elementary School 5.7 mi Public PRESCHOOL-5 0 4
      Cibola High School 5.8 mi Public 9-12 4 3
      S. Y. Jackson Elementary School 5.8 mi Public K-5 5 0
      Gilbert L Sena Charter High School 5.9 mi Public 9-12 2 2
      Coral Community Charter School 5.9 mi Public K-6 4 0
      North Star Elementary School 5.9 mi Public K-5 5 0
      Georgia O'keeffe Elementary School 6.1 mi Public K-5 5 0
      Seven-bar Elementary School 6.1 mi Public K-5 4 0
      John Baker Elementary School 6.2 mi Public K-5 5 0
      West Mesa High School 6.2 mi Public 9-12 2 3
      Onate Elementary School 6.4 mi Public PRESCHOOL-5 5 5
      Manzano High School 6.5 mi Public 9-12 4 3
      New America School 6.6 mi Public 9-12 0 0
      Alamosa Elementary School 6.6 mi Public PRESCHOOL-5 0 0
      Nuestros Valores Charter School 6.8 mi Public 9-12 1 3
      Calvary Christian Academy 6.8 mi Private PRESCHOOL-12 0 0
      Manzano Mesa Elementary School 6.9 mi Public PRESCHOOL-5 4 0
      La Academia De Esperanza 7.1 mi Public 6-12 1 3
      Rio Grande High School 7.2 mi Public 9-12 2 3
      Double Eagle Elementary School 7.2 mi Public K-5 5 0
      James Monroe Middle School 7.3 mi Public 6-8 4 0
      Sunset View Elementary School 7.3 mi Public K-5 4 0
      The Ask Academy 7.3 mi Public 9-12 5 4
      Volcano Vista High School 7.5 mi Public 9-12 4 3
      Tony Hillerman Middle School 7.6 mi Public 6-8 4 0
      Tierra Antigua Elementary School 7.7 mi Public K-5 4 0
      Rio Rancho Cyber Academy 7.9 mi Public 6-12 5 3
      Abq School Of Excellence 8.1 mi Public 1-10 4 0
      Ventana Ranch Elementary School 8.2 mi Public PRESCHOOL-5 4 0
      Martin King Jr Elementary School 8.3 mi Public K-5 4 0
      El Camino Real Academy 8.4 mi Public K-12 0 0
      South Valley Academy 8.4 mi Public 9-12 1 3
      Maggie Cordova Elementary School 8.6 mi Public K-5 4 0
      Rio Rancho Middle School 9.4 mi Public 6-8 4 0
      Vista Grande Elementary School 9.4 mi Public K-5 4 0
      Lincoln Middle School 9.6 mi Public 6-8 4 0
      Rio Rancho High School 9.9 mi Public 9-12 4 3
      Ernest Stapleton Elementary 10.1 mi Public K-5 4 0
      Southwest Aeronautics, Mathematics And Science 10.3 mi Public 7-12 4 0
      Eagle Ridge Middle School 10.6 mi Public 6-8 3 4
      Atrisco Heritage Academy High School 10.7 mi Public 9-12 2 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Albuquerque, NM
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.